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Author Graulau, Jeannette, author.

Title The underground wealth of nations : on the capitalist origins of silver mining, A.D. 1150-1450 / Jeannette Graulau.

Publication Info. New Haven : Yale University Press, [2019]

Item Status

Description 1 online resource (xvi, 373 pages).
Physical Medium polychrome
Description text file
Series Yale series in economic and financial history
Yale series in economic and financial history.
Bibliography Includes bibliographical references and index.
Summary 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.
Contents Frontmatter -- CONTENTS -- List of Illustrations -- List of Tables -- Preface -- Acknowledgments -- 1. Mining the Underground Wealth of Nations: A Word on Theory and History -- 2. World Mining Regions before the Rise of Modern Capitalism -- 3. Digging the Underground Wealth of Europe -- 4. Capitalist Profits of Mining Corporations -- 5. A 'Lengthy Digression': Why Mining Lagged Elsewhere -- 6. Capitalist Mining in West European Development -- Appendix A. German Loanwords in Mining Statutes -- Appendix B. Carbon Yield and Charcoal Characteristics -- Notes -- Bibliography -- Index
Local Note eBooks on EBSCOhost EBSCO eBook Subscription Academic Collection - North America
Subject Silver mines and mining -- Europe -- History -- To 1500.
Silver mines and mining.
Europe.
Chronological Term To 1500
Subject History.
Capitalism -- Europe -- History -- To 1500.
Capitalism.
BUSINESS & ECONOMICS -- Economic History.
Genre/Form Electronic books.
History.
Other Form: Print version: Graulau, Jeannette. Underground wealth of nations. New Haven : Yale University Press, [2019] 0300218222 (OCoLC)1090011511
ISBN 9780300249576 (electronic book)
0300249578 (electronic book)
0300218222
9780300218220