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Download Antimercantilism in Late Medieval English Literature (The by Roger A. Ladd PDF

By Roger A. Ladd

Antimercantilism in overdue Medieval English Literature records the trajectory of antimercantile ideology lower than the pressures of the foremost advancements made in fiscal thought and perform within the later heart a while. Roger A. Ladd skillfully explores the connection among ideology and subjectivity surrounding a unmarried class/estate team and its attribute sins within the context of literary texts inspired by way of estates satire

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As D. Vance Smith characterizes “later antimercantile discourse,” merchants were represented in “two irreconcilable ways”: both “at the heart of fourteenth-century society,” and “condemned . . ”123 As Christians, they could not escape theological challenges to their practices, while as not entirely voluntary financiers to the crown,124 the foremost English merchants were under substantial pressure to make enough to offset royal loans that stood little chance of being repaid. At the same time, the king routinely played them off against their Italian rivals.

357). This slippage between good and goods reminds the reader how easy it can be to confuse the two: both charity and avarice love the good, after all. XIII. XIII. 413) further characterizes these overlapping sins as potentially mercantile. One implication of this conjunction of charity with the moment when material sins are collapsing into mercantile covetousness is that, just as the mercantile Haukyn ref lects all material sinners, perhaps charity can remedy material sins. XIII. XIII. XIII. 448–49), the poem presents charity as a remedy for material success in general, not just mercantile success.

121 The evolution of business practice allowed by this pattern of (non)enforcement was economically necessary, but this gap between law and enforcement led to a situation where any successful merchant could conceivably be accused of practices that could be strictly defined as usury, even if he had not made any distress loans, and did not consider himself a usurer. These issues were then further complicated by the fact that Italians came to dominate international finance and credit, and were often favored by the English crown in exchange for loans.

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