Underground Wealth of Nations

Balsavo 0
ISBN: 9780300218220
Leidimo metai: 2019
Puslapių skaičius: 392
Formatas: Kieti viršeliai
Formatas: 23.5×15.6
Aprašymas
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.

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