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Gervais Pierre: The Age of Commerce

The Age of Commerce

Merchants, Markets and Wealth in the Early Modern Atlantic World

Tech, War and the Fight for Humanity

Thundercloud

The Business of Freedom tells the story of Black enterprise through the lives of the people who built it. Some, like Booker T. Washington and Madam C. J. Walker, are familiar figures in the history of Black business. But many are lesser-known strivers whose ambitions briefly illuminated the possibilities of the age. From the hopeful dawn of emancipation to the bustle of Harlem, award-winning historian Shennette Garrett-Scott follows Black entrepreneurs who carved opportunity out of exclusion to build banks, grocery stores, cotton mills, and real estate empires. Their successes were real, but so were the limits imposed by segregation, unequal access to capital, and the violence that shadowed Black prosperity. The Business of Freedom reveals Black capitalism as a strategy for both individual and collective empowerment-and shows why free enterprise alone could never deliver the freedom its champions promised.

The Golden Age of Black Capitalism

The Business of Freedom

*A New York Times Notable Book * A Financial Times Best Book of the Year 'A learned, formidable and vivid story... Readers around the world will study and ponder this monumental work of history, agreeing and arguing with it, all the while affirming its generational importance, for decades to come' The New York Times 'Epic... Read this book and you will learn innumerable things you did not previously know culled from places you have never been' Financial Times A brilliant global narrative that unravels the defining story of the past thousand years No other phenomenon has shaped human history as decisively as capitalism. It structures how we live and work, how we think about ourselves and others, how we organise our politics. Sven Beckert situates the story of capitalism within the largest conceivable geographical and historical framework in this fascinating new book.Capitalism, argues Beckert, was born global. Emerging from merchant communities across Asia, Africa and Europe, capitalism's radical recasting of economic life rooted itself only gradually. Then it burst onto the world scene, as European states and merchants built a powerful alliance that would propel them across the oceans. This epic drama corresponded at no point to an idealised dream of free markets. All along, state-backed institutions and imperial expansions shaped its dynamics.Capitalism decentres the European perspective, highlighting agency, resistance, innovation and ruthless coercion around the world through to the present with the rise of Asian economies, particularly China. Sven Beckert doesn't merely add up capitalism's debits and credits in this monumental book, but allows us to think afresh about the past to help us re-imagine the future.

A Global History

Capitalism

*A Radio 4 Book of the Week*'Captivating, mind-boggling and deeply disturbing' - Maureen Freely'Humane, thoughtful and urgent - this book will make you think, make you laugh, make you cry, but also make you burn with rage' - Dr Mary WellesleyA thought-provoking deep dive into the global fertility industry and the commodification of the maternal body__________Should surrogacy be a paid service, an altruistic act - or even legal at all?Is it right that you can pay more for 'VIP' egg donors - and to view their photos?How much, if anything, should breastmilk cost - and who should be allowed to buy it?The global fertility industry is rapidly growing, hugely profitable and morally complex. This an industry where one person's biological bad luck can be another person's financial gain. From egg freezing to black-market breastmilk, the maternal body has never been more commodified, yet the ethical, emotional and economic implications are rarely considered.Through a combination of undercover reporting and detailed first-hand accounts Alev Scott exposes how the IVF, surrogacy and milk industries operate around the world and who is profiting. In doing so, she considers the blurred line between exploitation and empowerment. Who should make money from the maternal body: only the women themselves, anyone or no one?Timely, thought-provoking and compelling, Cash Cow is an unmissable investigation into how desire, desperation and commerce intersect, and the impact the fertility industry has on individuals.__________'A powerful, intimate and disturbing exploration of the hidden markets built on women's bodies' Professor Peter Frankopan'An absolute must read for anyone considering surrogacy; a compelling and thought-provoking book for everyone else' Jack Farchy, co-author of The World for Sale

How the Maternal Body Became a Global Commodity – and the Hidden Costs for Women

Cash Cow

Econometric Society Monographs

A Framework for Economists with Policy Aspirations

Minimalist Market Design

This Palgrave Pivot offers a groundbreaking reassessment of the concept of slavery in the Bible. Taking an interdisciplinary perspective, it interweaves historical semantics with an analysis of language to argue that slavery as it is primarily understood today – as a legal institution which reduced individuals involuntarily to the status of property - was not legitimized by biblical doctrine.
 The book presents a concise, accessible argument, focused around the translation of the Bible into English and the use of the language of slavery. The term ‘slavery’, emerging in the sixteenth century, was at first used to identify a condition of dishonour, as well as a system of forced labour, and it was only in the seventeenth century that it came to be equated with the Roman institution of 
 servitus
 , and in the eighteenth with the ownership of people as property. As a result, and uniquely among studies of slavery in the Bible, this book does not seek to engage in debates about whether or not the Bible supported slavery, claiming the premise itself is mistaken. The idea that slavery was an ancient legal institution that reduced individuals involuntarily to the status of property is a product of modernity.
 This book has far-reaching implications for a range of disciplines including economic and legal history and biblical scholarship as well as slavery studies.Judith M. Spicksley 
 is an economic and social historian with an interest in language. She worked in the Department of Economics at the University of York and in the Wilberforce Institute at the University of Hull. She has written about the lending activities of never-married women in early modern England, and the role of debt in the transatlantic slave trade. She is currently preparing a long overview of ownership for publication,&nbsp;
 Owning People: Survival, Life Debt and Slavery from the Ancient World to the Enlightenment.&nbsp;

Recovering the Socio-legal Basis of Ownership

Slavery in the English Bible

Frontiers in Economic History

This volume explores the hidden history of women's saving and investment practices in Spain from the 15th century to the present day. Despite legal and social limitations, women played active roles in building wealth, from early loan networks to modern corporate leadership.Through case studies and regional examples, the book explores how women navigated changing laws and financial systems, often finding creative ways to manage assets and invest. Whether as discreet shareholders, family lenders, or pioneering executives, women have long shaped Spain’s financial history.This book will appeal to students, scholars, and researchers of economic history, economics, and related disciplines who are interested in the history of women's saving and investment practices.&nbsp;

A History of Women's Financial Agency

Women's Saving and Investment Practices in Spain, 15th–21st Centuries

A revelatory financial history showing that today's massive Islamic finance industry was preceded by decades of Muslim interest banking across Eurasia and Africa. Since the 1970s, the now multi-trillion-dollar Islamic finance industry has offered interest-free banking to Muslims around the world. Its proponents maintain that Islamic law strictly forbids all forms of financial interest. Many academic accounts echo this perspective, assuming that before the 1970s, Muslims either avoided interest banking out of deep-seated religious hostility or practiced it in defiance of religious stricture. Yet as Michael O'Sullivan argues, these narratives overlook rich traditions of Muslim interest banking that preceded Islamic finance. In the early twentieth century, the first modern Muslim-owned interest banks appeared across Eurasia and Africa-from India to the Ottoman Empire, Tsarist Russia, Habsburg Bosnia, Tunisia, Egypt, Iran, Palestine, and Indonesia. Viewed as a solution to Muslim economic distress, these banks intensified debates among Muslims about both the Islamic legal tradition and acceptable economic practices. While interest banks raised suspicions among some Islamic legal scholars, others explicitly defended their legality and encouraged Muslim entrepreneurs. Ultimately, O'Sullivan shows that the Islamic finance industry's commitment to interest-free banking was a product of contingency as much as principle. It was a combination of bank failures, high rates of indebtedness, and changing religious interpretations that eventually led many Muslims to reject interest banking and demand a replacement more commensurate with an "Islamic economy." Even so, the religious debates inaugurated by the first Muslim interest banks persist to this day. A vibrant portrait of economic life in the so-called peripheries of capital, The Borrower's Refuge is a major contribution to the global history of finance.

Muslim Interest Banking Before Islamic Finance

The Borrower’s Refuge

Why the consequences of a prolonged period of weaker economic growth will be more profound than anyone dares to predictIn the heady progress of the post-war era, our lifestyles changed, our political systems adapted, and rapid economic growth became the model of every developed economy. But this prevailing consensus is falling apart around us. Growth is now, at best, no more than anaemic. Policymakers dream about an AI revolution and tweak their fiscal rules to accommodate a newly-austere economic reality but, all the while, government debt soars, financial markets become increasingly jittery, and voters lose trust in their politicians.Celebrated economist Stephen D. King asks how our politics will adapt to such persistently low growth. While leaders make fiscal promises based on a future that is unlikely to materialise, nationalism thrives, battlelines are drawn between perceived winners and losers, and the rules-based international order crumbles. The absence of growth triggers invidious political wrangling over tax, welfare, defence and infrastructure, intensifies competition for resources, and leads to social instability.King shows how our new world is governed by them-and-us divisions over limited economic spoils. This is the political economy of plunder.&nbsp;

Winners and Losers in the Low Growth Era

The Age of Plunder

A challenge to incentivization as a dominant framework for understanding and governing people From corporate management and consumer behavior to public health and climate policy, incentives are widely treated as a neutral and effective way to shape how people act. In this book, Guus Dix shows that incentives are not simple policy nudges; they lull us into a passive understanding of ourselves as being merely responsive to changes others make to our environment. They foster a politics of incremental tweaks to a socially and ecologically destructive economic system that we are expected to accept without question. Dix argues that it is time to challenge the reign of incentives in contemporary science and public life. Dix traces the evolution of the incentive, from the engineering of performance charts and rewards for factory workers to combating gridlock at Britain’s National Health Service. He describes the function of incentives under socialism, theories of adjustment incentives developed at the Harvard Business School to manage employees, and incentivizing whole economies—both socialist and capitalist. He shows that incentivization is a distinct way of wielding power. Incentives have become part of a quasi-universal governing philosophy that keeps us from addressing such major issues as poverty and the climate crisis. Finally, Dix analyzes the limits of incentivization, arguing that being governed by incentives keeps us from considering government policies that have the potential to bring about meaningful and transformative change.

A Critical History of a Powerful Idea

Incentives

Crypto crises examines how the cryptocurrency industry has become a powerful force in global capitalism. Far from the promise of decentralisation, it reveals how crypto is deepening social inequality, fuelling environmental destruction, and reshaping political power. Drawing on extensive research and vivid examples, the book traces the rise of a new class of "crypto-capitalists" - from billionaire investors and mining conglomerates to populist politicians - who are embedding digital assets at the heart of finance and governance. It exposes the hidden networks of influence linking crypto to Wall Street, Big Tech, and the Global South, where exploitation is reframed as innovation. Provocative and timely, the book offers a critical account of how cryptocurrency's dream of liberation became one of the defining engines of twenty-first-century capitalism.

How digital currencies accelerate global instability

Crypto crises

The Age of Commerce

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