The Proliferation of Markets in England, 1200–1349<sup>1</sup>

Britnell, Richard

doi:10.1111/j.1468-0289.1981.tb02063.x

Cited by 26 publications

(8 citation statements)

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“…70 70 Britnell, ‘Proliferation of markets’; idem, Commercialisation ; Britnell and Campbell, eds., Commercialising economy ; Campbell, English seigniorial agriculture , pp. 424–39; Clark, ‘Markets’ (see above, n. 14); Galloway, ‘One market?’; Kowaleski, Local markets ; Langdon and Masschaele, ‘Commercial activity’; Masschaele, ‘Transport costs’. …”

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confidence: 99%

The evolution of markets in early modern Europe, 1350-1800: a study of wheat prices1

Bateman

2010

The Economic History Review

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Using a compilation of monthly and annual wheat price data, this article examines the trend of market development in Europe from the late medieval period to the industrial revolution. In contrast to much of the earlier scholarship, which suggests that markets improved, the findings propose that markets were on average as well integrated in Europe in the early sixteenth century as in the late eighteenth century. In the intervening period, markets are found to have suffered a severe contraction. These findings enable us to build a more complete picture of markets in history, and to carry out a better examination of the relationship between markets and economic growth.

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confidence: 99%

The evolution of markets in early modern Europe, 1350-1800: a study of wheat prices1

Bateman

2010

The Economic History Review

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“…The first major social organization of commodity exchange is the "open market" that proliferated in the English economy by the end of the 14th century (Britnell 1981;Hilton 1985). Polanyi's conceptual framework emphasizes the importance of "nonmarket" exchange, such as gift exchange, in the context of nonmarket societies and thereby obscures commodity exchange when it in fact occurs.…”

Section: The Rise Of "Market Society" In Englandmentioning

confidence: 98%

Embedding Polanyi's Market Society

Lie

1991

Sociological Perspectives

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Karl Polanyi remains one of the most trenchant critics of neoclassical economics. His "embeddedness" thesis, which holds that all economic activities and institutions are enmeshed in social relations and institutions, offers a sound theoretical basis for economic sociology. Nonetheless, he fails to embed the market concept. This theoretical lacuna manifests itself in his classic account of the rise of market society in England, The Great Transformation ([19441 1957), where he neglects to consider institutional diversity and discontinuities in English commercial development. Polanyi's embeddedness thesis can be taken to its logical conclusion; that is, even the market can be embedded. "Markets" can be treated as social networks or organizations constituted by traders. I offer as an empirical illustration a brief case study of the rise of "market society" in England.Karl Polanyi remains one of the most cogent critics of neoclassical economics.1 He emphasizes the embeddedness of economic activities and institutions and the historical relativity of economic concepts. Nonetheless, he leaves the core concept of the market unchallenged. Despite his embeddedness thesis, market exchange remains a disembedded concept. In this paper, I propose that his argument should be taken to its logical conclusion-that all economic activities and institutions are embedded in social relations. A sociological foundation should be laid for the core of economic theory, the concept of the market. The project is to analyze the nature of markets, hitherto an unquestioned assumption, as historically variable social organizations constituted by traders. Thus, my critical examination of Polanyi's economic sociology serves as a step toward constructing a sociological alternative to the neoclassical conception of the market.The organization of this essay is as follows. First, I delineate the main contours of Polanyi's economic sociology. I stress that he accepts the neoclassical concept of the market and thereby cedes the analysis of contemporary "market" econoDirect all correspondence to: John Lie,

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“…The earliest sense of the concept, which retains relevance today, is of a physical location where commerce is transacted (as in market gate (1344), marketplace (1389), or market square ( 1567)). In this respect, as many anthropologists and historians have argued, entities called markets or forms of material life existed before the onset of mature capitalism (Braudel, 1992a(Braudel, , 1992bBritnell, 1981;Dilley, 1992;Latham and Anderson, 2016;Lie, 1993;Tilly, 1975Tilly, , 1992. By the 15th century, still with reference to the sense of a gathering but reflecting the expansion in trade, the term was attached to classes of commodity, such as corn market or poultry market, before latter extensions to import/export markets (Keywords Project, 2018).…”

Section: Deeper History Of Major Semantic Shiftsmentioning

confidence: 99%

Historicizing the ideology of ‘the market’

Eagleton-Pierce

2021

Competition & Change

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The concept of the market is a linchpin notion in the analysis of contemporary capitalism. This article seeks to question how the term has tended to oscillate between two problematic types of use: either underspecifying the history and politics tied to the concept or, conversely, overloading the notion with a proliferation of too many meanings and applications. As a way to chart an alternative approach which can objectify and critique some of these patterns, this paper re-excavates the notion of ‘the market’ through a historicization of its ideological production and consumption. In particular, the argument brings political economy scholarship into a conversation with theoretical advances in the analysis of ideology, notably Michael Freeden’s so-called ‘morphological approach’. The article illuminates not only past usage patterns but also how the potency of the expression has been refreshed within recent decades associated with neoliberalism. In this way, through a dissection of this master category, the article also aims to contribute to identifying more precisely what is new in the neoliberal ideological ecosystem.

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The Proliferation of Markets in England, 1200–1349¹

Cited by 26 publications

References 3 publications

The evolution of markets in early modern Europe, 1350-1800: a study of wheat prices1

The evolution of markets in early modern Europe, 1350-1800: a study of wheat prices1

Embedding Polanyi's Market Society

Historicizing the ideology of ‘the market’

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The Proliferation of Markets in England, 1200–13491

Cited by 26 publications

References 3 publications

The evolution of markets in early modern Europe, 1350-1800: a study of wheat prices1

The evolution of markets in early modern Europe, 1350-1800: a study of wheat prices1

Embedding Polanyi's Market Society

Historicizing the ideology of ‘the market’

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The Proliferation of Markets in England, 1200–1349¹