Mother of Capital

How Rent Gave Birth to Modernity

Matthew Costa

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Pluto Press img Link Publisher

Sachbuch / Volkswirtschaft

Beschreibung

Rent, or unearned income, is a pervasive concept in contemporary economics. Economists of all stripes see today's global economy as riddled with harmful rents, but most deny these are intrinsic to capitalism, and insist they can be eliminated with the right policies. It begs the question, why is rent theory so critical of the present but so optimistic about the future?

In Mother of Capital, Matthew Costa delves into the intellectual and social history of rent to solve this puzzle. Centring rent as the engine of capitalism's historical emergence in medieval Europe, he offers a groundbreaking, systematic history of rent and rent theory. The book also traces the history of resistance to rent from below, and unearths a neglected body of critical rent theory.

Weaving complex strands of social and intellectual history into a vivid, lively, and original explanation of how the society we live in came to be, Costa makes a bold intervention into contemporary debates about the origins and future of capitalism, the nature of social change, and of history itself.

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Schlagwörter

Private Rent, origins of capitalism, engine of history, History of Renting, subaltern movements, Rent theory, future of capitalism, Renters, birth of capitalism, resistance to rent, Rent, proletarianization, Theory of Rent, Wage labour, economic theory, history of capitalist economics, economic history, Feudal Britain, world history, transition from feudalism to capitalism