Property, freedom and money: Modern Capitalism reassessed

Autores
Domenech Figueras, Antoni; Bertomeu, Maria Julia
Año de publicación
2016
Idioma
inglés
Tipo de recurso
artículo
Estado
versión publicada
Descripción
Large exchange markets, big money, interest-bearing credit, big landholdings, proletarian masses, imperial expansion and even ‘capital’ or ‘salaried workers’, are not in themselves specific, unique institutional features of Modern Capitalism. This article argues that the features that characterize Modern Capitalism are a massive emergence of ‘free’, monetized wage labour, a self-propelled rush to unbounded world expansion and the progressive conversion of expropriated and privatized land into a monetized commodity, as well as a radically new use of the ancestral social institutions of money and credit as an instrument for financing the production of commodities to obtain a surplus in the form of monetary profit, but also to generate expropriatory social debt relations. This article explains these dynamic historical forces and their importance for political philosophy and for legal and economic history and economics and sheds some light on the relationship between ‘capitalism’ and ‘modernity’.
Fil: Domenech Figueras, Antoni. Universidad de Barcelona; España
Fil: Bertomeu, Maria Julia. Consejo Nacional de Investigaciones Científicas y Técnicas; Argentina. Universidad Nacional de La Plata; Argentina
Materia
Property
Freedom
Money
Modern Capitalism
Nivel de accesibilidad
acceso abierto
Condiciones de uso
https://creativecommons.org/licenses/by-nc-sa/2.5/ar/
Repositorio
CONICET Digital (CONICET)
Institución
Consejo Nacional de Investigaciones Científicas y Técnicas
OAI Identificador
oai:ri.conicet.gov.ar:11336/91149

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network_name_str CONICET Digital (CONICET)
spelling Property, freedom and money: Modern Capitalism reassessedDomenech Figueras, AntoniBertomeu, Maria JuliaPropertyFreedomMoneyModern Capitalismhttps://purl.org/becyt/ford/6.5https://purl.org/becyt/ford/6Large exchange markets, big money, interest-bearing credit, big landholdings, proletarian masses, imperial expansion and even ‘capital’ or ‘salaried workers’, are not in themselves specific, unique institutional features of Modern Capitalism. This article argues that the features that characterize Modern Capitalism are a massive emergence of ‘free’, monetized wage labour, a self-propelled rush to unbounded world expansion and the progressive conversion of expropriated and privatized land into a monetized commodity, as well as a radically new use of the ancestral social institutions of money and credit as an instrument for financing the production of commodities to obtain a surplus in the form of monetary profit, but also to generate expropriatory social debt relations. This article explains these dynamic historical forces and their importance for political philosophy and for legal and economic history and economics and sheds some light on the relationship between ‘capitalism’ and ‘modernity’.Fil: Domenech Figueras, Antoni. Universidad de Barcelona; EspañaFil: Bertomeu, Maria Julia. Consejo Nacional de Investigaciones Científicas y Técnicas; Argentina. Universidad Nacional de La Plata; ArgentinaSAGE Publications Ltd2016-04info:eu-repo/semantics/articleinfo:eu-repo/semantics/publishedVersionhttp://purl.org/coar/resource_type/c_6501info:ar-repo/semantics/articuloapplication/pdfapplication/pdfhttp://hdl.handle.net/11336/91149Domenech Figueras, Antoni; Bertomeu, Maria Julia; Property, freedom and money: Modern Capitalism reassessed; SAGE Publications Ltd; European Journal of Social Theory; 19; 2; 4-2016; 245-2631368-43101461-7137CONICET DigitalCONICETenginfo:eu-repo/semantics/altIdentifier/url/https://journals.sagepub.com/doi/full/10.1177/1368431015600022info:eu-repo/semantics/altIdentifier/doi/10.1177/1368431015600022info:eu-repo/semantics/openAccesshttps://creativecommons.org/licenses/by-nc-sa/2.5/ar/reponame:CONICET Digital (CONICET)instname:Consejo Nacional de Investigaciones Científicas y Técnicas2025-09-03T09:53:28Zoai:ri.conicet.gov.ar:11336/91149instacron:CONICETInstitucionalhttp://ri.conicet.gov.ar/Organismo científico-tecnológicoNo correspondehttp://ri.conicet.gov.ar/oai/requestdasensio@conicet.gov.ar; lcarlino@conicet.gov.arArgentinaNo correspondeNo correspondeNo correspondeopendoar:34982025-09-03 09:53:28.532CONICET Digital (CONICET) - Consejo Nacional de Investigaciones Científicas y Técnicasfalse
dc.title.none.fl_str_mv Property, freedom and money: Modern Capitalism reassessed
title Property, freedom and money: Modern Capitalism reassessed
spellingShingle Property, freedom and money: Modern Capitalism reassessed
Domenech Figueras, Antoni
Property
Freedom
Money
Modern Capitalism
title_short Property, freedom and money: Modern Capitalism reassessed
title_full Property, freedom and money: Modern Capitalism reassessed
title_fullStr Property, freedom and money: Modern Capitalism reassessed
title_full_unstemmed Property, freedom and money: Modern Capitalism reassessed
title_sort Property, freedom and money: Modern Capitalism reassessed
dc.creator.none.fl_str_mv Domenech Figueras, Antoni
Bertomeu, Maria Julia
author Domenech Figueras, Antoni
author_facet Domenech Figueras, Antoni
Bertomeu, Maria Julia
author_role author
author2 Bertomeu, Maria Julia
author2_role author
dc.subject.none.fl_str_mv Property
Freedom
Money
Modern Capitalism
topic Property
Freedom
Money
Modern Capitalism
purl_subject.fl_str_mv https://purl.org/becyt/ford/6.5
https://purl.org/becyt/ford/6
dc.description.none.fl_txt_mv Large exchange markets, big money, interest-bearing credit, big landholdings, proletarian masses, imperial expansion and even ‘capital’ or ‘salaried workers’, are not in themselves specific, unique institutional features of Modern Capitalism. This article argues that the features that characterize Modern Capitalism are a massive emergence of ‘free’, monetized wage labour, a self-propelled rush to unbounded world expansion and the progressive conversion of expropriated and privatized land into a monetized commodity, as well as a radically new use of the ancestral social institutions of money and credit as an instrument for financing the production of commodities to obtain a surplus in the form of monetary profit, but also to generate expropriatory social debt relations. This article explains these dynamic historical forces and their importance for political philosophy and for legal and economic history and economics and sheds some light on the relationship between ‘capitalism’ and ‘modernity’.
Fil: Domenech Figueras, Antoni. Universidad de Barcelona; España
Fil: Bertomeu, Maria Julia. Consejo Nacional de Investigaciones Científicas y Técnicas; Argentina. Universidad Nacional de La Plata; Argentina
description Large exchange markets, big money, interest-bearing credit, big landholdings, proletarian masses, imperial expansion and even ‘capital’ or ‘salaried workers’, are not in themselves specific, unique institutional features of Modern Capitalism. This article argues that the features that characterize Modern Capitalism are a massive emergence of ‘free’, monetized wage labour, a self-propelled rush to unbounded world expansion and the progressive conversion of expropriated and privatized land into a monetized commodity, as well as a radically new use of the ancestral social institutions of money and credit as an instrument for financing the production of commodities to obtain a surplus in the form of monetary profit, but also to generate expropriatory social debt relations. This article explains these dynamic historical forces and their importance for political philosophy and for legal and economic history and economics and sheds some light on the relationship between ‘capitalism’ and ‘modernity’.
publishDate 2016
dc.date.none.fl_str_mv 2016-04
dc.type.none.fl_str_mv info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
http://purl.org/coar/resource_type/c_6501
info:ar-repo/semantics/articulo
format article
status_str publishedVersion
dc.identifier.none.fl_str_mv http://hdl.handle.net/11336/91149
Domenech Figueras, Antoni; Bertomeu, Maria Julia; Property, freedom and money: Modern Capitalism reassessed; SAGE Publications Ltd; European Journal of Social Theory; 19; 2; 4-2016; 245-263
1368-4310
1461-7137
CONICET Digital
CONICET
url http://hdl.handle.net/11336/91149
identifier_str_mv Domenech Figueras, Antoni; Bertomeu, Maria Julia; Property, freedom and money: Modern Capitalism reassessed; SAGE Publications Ltd; European Journal of Social Theory; 19; 2; 4-2016; 245-263
1368-4310
1461-7137
CONICET Digital
CONICET
dc.language.none.fl_str_mv eng
language eng
dc.relation.none.fl_str_mv info:eu-repo/semantics/altIdentifier/url/https://journals.sagepub.com/doi/full/10.1177/1368431015600022
info:eu-repo/semantics/altIdentifier/doi/10.1177/1368431015600022
dc.rights.none.fl_str_mv info:eu-repo/semantics/openAccess
https://creativecommons.org/licenses/by-nc-sa/2.5/ar/
eu_rights_str_mv openAccess
rights_invalid_str_mv https://creativecommons.org/licenses/by-nc-sa/2.5/ar/
dc.format.none.fl_str_mv application/pdf
application/pdf
dc.publisher.none.fl_str_mv SAGE Publications Ltd
publisher.none.fl_str_mv SAGE Publications Ltd
dc.source.none.fl_str_mv reponame:CONICET Digital (CONICET)
instname:Consejo Nacional de Investigaciones Científicas y Técnicas
reponame_str CONICET Digital (CONICET)
collection CONICET Digital (CONICET)
instname_str Consejo Nacional de Investigaciones Científicas y Técnicas
repository.name.fl_str_mv CONICET Digital (CONICET) - Consejo Nacional de Investigaciones Científicas y Técnicas
repository.mail.fl_str_mv dasensio@conicet.gov.ar; lcarlino@conicet.gov.ar
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