21H.382
Capitalism in the Age of Revolution
Fall 2016
Topics
- Introduction
- Perspectives on Capitalism and Financial Crisis
- Monopoly Capitalism and Financial Innovation
- Plantation Capitalism
- The Question of Money (some Anglo-American examples)
- Tea, the American Revolution, and the British Empire
- The Economic and Financial Origins of the French Revolution (I)
- The Economic and Financial Origins of the French Revolution (II)
- The Revolutionary Origins of American Capitalism
- Slavery and American Capitalism (I)
- Slavery and American Capitalism (II)
- Capitalism Today
- Final class
Readings
- [P] = Palmer, R. R., Joel Colton, and Lloyd Kramer. A History of the Modern World . 9th ed. Knopf, 2002. ISBN: 9780375413988.
- [P] Chapter 6, Section 29: The Global Economy of the Eighteenth-Century.
- [P] Chapter 6, Section 30: Western Europe After the Peace of Utrecht, 1713–40.
- Montesquieu, Charles-Louis de Secondat. “Letter 138,” “Letter 142,” and “Letter 146.” In Persian Letters . Translated with an introduction and notes by C. J. Betts. Penguin, 1973. ISBN: 9780140442816.
- Chancellor, Edward. “The Never-to-Be-Forgot or Forgiven South-Sea Scheme.” Chapter 3 in Devil Take the Hindmost: A History of Financial Speculation . Farrar, Straus and Giroux, 1999. ISBN: 9780374138585.
- Trenchard, John, and Thomas Gordon. “The Preface.” In Cato’s Letters: Or Essays on Liberty, Civil and Religious, and Other Important Subjects, Four Volumes in Two: Vol. 1 . Edited and annotated by Ronald Hamowy. Liberty Fund, 1995. ISBN: 9780865971295.
- ———. “Nos. 1–11.” In Cato’s Letters: Or Essays on Liberty, Civil and Religious, and Other Important Subjects, Four Volumes in Two: Vol. 1 . Edited and annotated by Ronald Hamowy. Liberty Fund, 1995. ISBN: 9780865971295.
- Depending on whether you are more interested in political theory (Stern) or sociology and trade (Erikson), read either of the following:
- Erikson, Emily. “The European Trade with the East Indies.” Chapter 3 in Between Monopoly and Free Trade: The English East India Company, 1600–1757 . Princeton University Press, 2016. ISBN: 9780691173795.
- Blackburn, Robin. “Colonial Slavery and the Eighteenth-Century Boom.” Chapter 9 in The Making of New World Slavery: From the Baroque to the Modern, 1492–1800 . Verso, 2010. ISBN: 9781844676316.
- [P] Chapter 6, Section 31: The Great War of the Mid-Eighteenth Century: The Peace of Paris, 1763.
- [P] Chapter 8, Section 39: New Stirrings: The British Reform Movement.
- [P] Chapter 8, Section 40: The American Revolution.
- Fichter, James R. “Death of the India Monopoly.” Chapter 9 in So Great a Proffit: How the East Indies Trade Transformed Anglo-American Capitalism . Harvard University Press, 2010. ISBN: 9780674050570.
- Labaree, Benjamin W. Catalyst for Revolution: The Boston Tea Party 1773 . Massachusetts Bicentennial Commission Publication, 1973.
- [P] Chapter 9, Section 41: Backgrounds.
- [P] Chapter 9, Section 42: The Revolution and the Reorganization of France.
- [P] Chapter 9, Section 43: The Revolution and Europe: The War and the ‘Second’ Revolution, 1792.
- [P] Chapter 9, Section 44: The Emergency Republic, 1792–1795: The Terror.
- Darnton, Robert. “The Pursuit of Profit: Rousseauism on the Bourse.” Chapter 7 in George Washington’s False Teeth: An Unconventional Guide to the Eighteenth Century . W. W. Norton and Company, 2003. ISBN: 9780393337471.
- Rothenberg, Winifred Barr. “The Invention of American Capitalism: The Economy of New England in the Federal Period.” Chapter 2 in Engines of Enterprise: An Economic History of New England . Edited by Peter Temin. Harvard University Press, 2002. ISBN: 9780674009844.
- [B] Baptist, Edward E. Chapter 1: Toward a Political Economy of Slave Labor: Hands, Whipping-Machines, and Modern Power.
- [B] Rothman, Joshua D. Chapter 5: The Contours of Cotton Capitalism: Speculation, Slavery, and Economic Panic in Mississippi, 1832-1841.
- [B] Kimball, Eric. Chapter 8: “What have we to do with slavery?” - New Englanders and the Slave Economies of the West Indies.
- [B] Wilder, Craig Steven. Chapter 11: War and Priests: Catholic Colleges and Slavery in the Age of Revolution.
- [B] Brophy, Alfred L. Chapter 13: The Market, Utility, and Slavery in Southern Legal Thought.
- [B] Schermerhorn, Calvin. Chapter 10: The Coastwise Slave Trade and a Mercantile Community of Interest.
- SES #: 15 · TOPICS: Final class · READINGS: No readings assigned
Sources
- Course catalogue ↗Historical OpenCourseWare
- MIT OCW readings ↗
- MIT OCW calendar ↗
- MIT OCW syllabus ↗
- Historical MIT OpenCourseWare offering. Named reading entries and schedule topics are automatically extracted from the linked source pages.