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The underground wealth of nations : on the capitalist origins of silver mining, A.D. 1150-1450
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Book
The underground wealth of nations : on the capitalist origins of silver mining, A.D. 1150-1450
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Overview
Silver mining was a capitalist business long before the supposed origin of modern capitalism. Hundreds of years before a sixteenth-century crisis in European agriculture led to the origins of capital, investment, and finance, the silver mining industry exhibited many of the features of modern capitalism. Silver mines were large-scale businesses that demanded large investments and steady cash flow, achieved by spreading that risk through fungible shares and creating legal structures to protect entrepreneurs from financial disaster. Jeannette Graulau argues that mining preceded agriculture as the first true capitalist enterprise of the modern world.
Publisher
Yale University Press
ISBN
0300218222, 9780300218220
Item info:
1
item available
1
item total in all locations
| Call Number | Copies | Material | Location |
|---|---|---|---|
| HD9537.E852 G73 2019 | 1 | BOOK | BUSINESS |
