Managing the Wealth of Nations

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History of capitalism

Product details

  • ISBN 9781529211221
  • Dimensions: 156 x 234mm
  • Publication Date: 27 Mar 2023
  • Publisher: Bristol University Press
  • Publication City/Country: GB
  • Product Form: Hardback
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‘Commerce and manufactures gradually introduced order and good government,’ wrote Adam Smith in his Wealth of Nations, ‘and with them, the liberty and security of individuals.’ However, Philipp Robinson Rössner shows how, when looked at in the face of history, it has usually been the other way around.

This book follows the development of capitalism from the Middle Ages through the industrial revolution to the modern day, casting new light on the areas where premodern political economies of growth and development made a difference. It shows how order and governance provided the foundation for prosperity, growth and the wealth of nations.

Written for scholars and students of economic history, this is a pioneering new study that debunks the neoliberal origin myth of how capitalism came into the world.

Philipp Robinson Rössner is Professor of Early Modern History at the University of Manchester.

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