City of Capital: Politics and Markets in the English Financial Revolution

by Bruce G Carruthers

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While many have examined how economic interests motivate political action, in this volume Bruce Carruthers explores the reverse relationship by focusing on how political interests shape a market. He sets his inquiry within the context of late Stuart England, when an active stock market emerged and when Whig and Tory parties vied for control of a newly empowered Parliament. The institutional link between politics and the markets is considered, and the author argues that competitive markets are not inherently aploitical spheres guided by economic interest, but rather ongoing creations of social actors pursuing multiple goals.
  • ISBN10 1400801095
  • ISBN13 9781400801091
  • Publish Date 1 February 2001 (first published 28 July 1996)
  • Publish Status Active
  • Publish Country US
  • Imprint Princeton University Press
  • Format eBook
  • Pages 320
  • Language English