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The Underground Wealth of Nations: On the Capitalist Origins of Silver Mining, A.D. 1150 - 1450. 銀鉱の資本主義的起源 1150~1450年
・ISBN 978-0-300-21822-0 cloth US$ 94.00
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| 著者・編者 | Graulau, Jeannette, |
|---|---|
| シリーズ | Yale Series in Economic and Financial History |
| 出版社 | (Yale U. Pr., US) |
| 出版年月 | 2019 |
| ページ数 | 384 pp. |
| 言語 | ENG |
| ニュース番号 | <652-864 652-L3783> |
解説
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.
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.