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Social and Behavioral Sciences Commons™
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Full-Text Articles in Social and Behavioral Sciences
The Baran Ratio, Investment, And British Economic Growth And Development, Thomas E. Lambert
The Baran Ratio, Investment, And British Economic Growth And Development, Thomas E. Lambert
Faculty Scholarship
Investment in capital, new technology, and agricultural techniques has not been considered an endeavor worthwhile in a medieval economy because of a lack of strong property rights and no incentive on the part of lords and barons to lend money to or grant rights to peasant farmers. Therefore, the medieval economy and standards of living at that time often have been characterized as non-dynamic and static due to insufficient investment in innovative techniques and technology. Paul Baran’s concept of the economic surplus is applied to investment patterns during the late medieval, mercantile, and early capitalist stages of economic growth in …
Theorizing Beyond "The Code Of Capital": A Reply, Katharina Pistor
Theorizing Beyond "The Code Of Capital": A Reply, Katharina Pistor
Faculty Scholarship
In this reply, I respond to and elaborate on the critique of my book “The Code of Capital” published in this special issue. The common thread of the critiques is the call for more theorizing of the themes the book addresses, especially the conception of state power, of resources, social relations and questions of knowledge and access to knowledge about the law, or epistemology. This reply is only a first response to issues that do require further analysis and I am hoping to follow suit on at least some of them in the near future.
Pirate Capitalism, Or The Primitive Accumulation Of Capital Itself, Isaac Kamola
Pirate Capitalism, Or The Primitive Accumulation Of Capital Itself, Isaac Kamola
Faculty Scholarship
© The Author(s) 2018. Pirates are often described as existing on the margins of the world economy, emerging from the outskirts to disrupt otherwise free capitalist markets. With this narrative in mind, it is not surprising that the pirate remains a marginal figure within both the fictional stories and historical accounts of the emergence of capitalism. This article, however, asks: What do we learn about the capitalist world economy if we understand the pirate not as an outlaw but as a fellow capitalist? Weaving together stories of the golden age of piracy in the Atlantic world with contemporary piracy in …