The Underground Wealth Of Nations: On The Capitalist Origins Of Silver Mining, A.d. 1150-1450

October 8, 2019|
The Underground Wealth Of Nations: On The Capitalist Origins Of Silver Mining, A.d. 1150-1450 by Jeannette Graulau
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Hardcover
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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.
Jeannette Graulau is associate professor of political science at Herbert H. Lehman College, The City University of New York.
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Title:The Underground Wealth Of Nations: On The Capitalist Origins Of Silver Mining, A.d. 1150-1450
Format:Hardcover
Product dimensions:392 pages, 9.25 X 6.12 X 0.94 in
Shipping dimensions:392 pages, 9.25 X 6.12 X 0.94 in
Published:October 8, 2019
Publisher:Yale University Press
Language:English
Appropriate for ages:All ages
ISBN - 13:9780300218220

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