Edward Chancellor: “The Price of Time”
On this episode, financial historian Edward Chancellor joins Nate to give a meta-history of interest rates and human societies.
history of capitalism
The Fishing Revolution and the Origins of Capitalism
In the Fishing Revolution, capital in pursuit of profit organized human labor to turn living creatures into an immense accumulation of commodities. From 1600 on, up to 250,000 metric tons of cod a year were caught, processed, and preserved in Newfoundland and transported across the ocean for sale.
Dispossessed: Origins of the Working Class
The social order that capital’s apologists defend as inevitable and eternal is “the product of many economic revolutions, of the extinction of a whole series of older formations of social production.” Acceptance of the wages-system as a natural way to live and work did not happen easily.
Intensive Fishing and the Birth of Capitalism, Part 2
While treasure fleets carried silver to Spain, far more ships were carrying men, fish and whale oil across the North Atlantic.
Intensive Fishing and the Birth of Capitalism
An important factor in the rise of the Dutch merchant-industrialist class, scarcely mentioned in many accounts, was the absolute dominance of the Dutch fishing industry in the North Sea.