Mercantilism Reimagined: Political Economy in Early Modern Britain and Its Empire
Philip J. Stern and Carl Wennerlind
Abstract
From schoolbooks to scholarly monographs, mercantilism has come to be synonymous with early modern political economy, though it is just as often criticized as inadequate, incomplete, or incoherent as both a theory and a set of policies. This book takes a new approach to this problematic subject by rethinking its broad foundations. From a variety of perspectives, its authors situate mercantilism against the backdrop of wider transformations in seventeenth-century Britain, Europe, and the Atlantic, from the scientific revolution to the expansion of empire. Not seeking to offer yet another defini ... More
From schoolbooks to scholarly monographs, mercantilism has come to be synonymous with early modern political economy, though it is just as often criticized as inadequate, incomplete, or incoherent as both a theory and a set of policies. This book takes a new approach to this problematic subject by rethinking its broad foundations. From a variety of perspectives, its authors situate mercantilism against the backdrop of wider transformations in seventeenth-century Britain, Europe, and the Atlantic, from the scientific revolution to the expansion of empire. Not seeking to offer yet another definition or critique of mercantilism, this book instead reappraises its value in light of new approaches and understanding of the core characteristics and objects with which it has been traditionally associated: population, money, commodities, markets, merchants, institutions, warfare, and, of course, the state. In so doing, it offers a new narrative of early modern political economy that neither abandons nor assumes the use and validity of mercantilism but rather situates it in its various political, scientific, intellectual, social, and cultural contexts.
Keywords:
mercantilism,
political economy,
scientific revolution,
state formation,
Britain,
Atlantic
Bibliographic Information
Print publication date: 2013 |
Print ISBN-13: 9780199988532 |
Published to Oxford Scholarship Online: January 2014 |
DOI:10.1093/acprof:oso/9780199988532.001.0001 |