In The Undevelopment of Capitalism, Rebecca Jean Emigh argues that the expansion of the Florentine economic market in the 15th century helped to undo the development of markets of in rural Tuscany, leading to the overall contraction of the urban and rural economy. As this highly developed urban market penetrated rural regions, it actually erased rural market institutions that rural inhabitants had used to organize agricultural production and family life. Thus, an advanced economy at the time of the late Middle Ages and early Renaissance "undeveloped" over time. The economic development of this region in Italy was delayed as it failed to keep pace with the rest of Europe. Using a negative case methodology to show how urban and rural markets change, Emigh employs methods of historical sociology and sectoral theories to examine how markets can prosper and suffer at the same time. She shows how sectoral relations are crucial to transitions to capitalism and how capitalist development can also contract markets.

Author: Emigh, Rebecca
Publisher: Temple University Press
Illustration: N
Language: ENG
Title: Undevelopment of Capitalism, The: Sectors and Markets in Fifteenth Century Tuscany. Politics, History, and Social Change,.
Pages: 00288 (Encrypted PDF)
On Sale: 2008-07-28
SKU-13/ISBN: 9781592136186
Category: History : General