Trading Spaces
Trading Spaces
Hart's book takes in the shops, auction sites, wharves, taverns, fairs, and homes of seventeenth- and eighteenth-century America--places where new mechanisms and conventions arose as Europeans recreated or adapted continental methods to new surroundings. Since those earlier conventions tended to rely more heavily on regulations than their colonial offspring, what emerged in early America was a less fettered brand of capitalism. By the nineteenth century, this had evolved into a market economy that would not look too foreign to contemporary Americans. To tell this complex transnational story of how our markets came to be, Hart looks back farther than most historians of US capitalism, rooting these markets in the norms of seventeenth- and eighteenth-century Britain. Perhaps most important, this is not a story of specific commodity markets over time, but rather is a history of the trading spaces themselves: the physical sites in which the grubby work of commerce occurred and where the market itself was born.
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Hart's book takes in the shops, auction sites, wharves, taverns, fairs, and homes of seventeenth- and eighteenth-century America--places where new mechanisms and conventions arose as Europeans recreated or adapted continental methods to new surroundings. Since those earlier conventions tended to rely more heavily on regulations than their colonial offspring, what emerged in early America was a less fettered brand of capitalism. By the nineteenth century, this had evolved into a market economy that would not look too foreign to contemporary Americans. To tell this complex transnational story of how our markets came to be, Hart looks back farther than most historians of US capitalism, rooting these markets in the norms of seventeenth- and eighteenth-century Britain. Perhaps most important, this is not a story of specific commodity markets over time, but rather is a history of the trading spaces themselves: the physical sites in which the grubby work of commerce occurred and where the market itself was born.
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