Post tag : Adam Smith
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Utility, Work, Distribution: a New Grammar of the Social (19th Century)
At the Origins of the Valorisation of the Economy (15th–19th Centuries) – Article 5/5 During the eighteenth century, Great Britain conferred an unprecedented status on the economy. The development of credit and investment projects, the gradual emergence of a manufacturing industry and a consumer society, the expansion of an increasingly integrated domestic and colonial market—all…
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Interests as the driving forces of social recomposition in eighteenth-century Great Britain
At the Origins of the Valorisation of the Economy (15th–19th Centuries) – Article 4 In eighteenth-century Great Britain, the word “interest” condenses heterogeneous realities that we now distinguish in order to avoid confusion. First, there is financial interest, an instrumental category and the primary one etymologically, which designates the temporal cost of a debt. It…