Stages of Capital: Law, Culture, and Market Governance in Late Colonial India

Ritu Birla

Verlag: Orient BlackSwan Pvt. Ltd, 2011
ISBN 10: 812504146X / ISBN 13: 9788125041467
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Between 1870 and 1930, the British regime in India implemented a barrage of commercial and contract laws directed at the ?free? circulation of capital, including measures regulating companies, income tax, charitable gifting, and pension funds, and procedures distinguishing gambling from speculation and futures trading. Ritu Birla argues that this understudied legal infrastructure institutionalized a new object of sovereign management ? the market ? and along with it, a colonial concept of the public. In jurisprudence, case law, and statutes, colonial market governance enforced an abstract vision of modern society as a public of exchanging, contracting actors free from the anachronistic constraints of indigenous culture. Birla reveals how the categories of public and private infiltrated colonial commercial law, establishing distinct worlds for economic and cultural practice. This bifurcation was especially apparent in legal dilemmas concerning indigenous or ?vernacular? capitalists, crucial engines of credit and production that operated through networks of extended kinship. Posing the story of the Marwaris as an archive for reading the history law and capitalism together, Birla demonstrates how colonial law governed vernacular capitalists as rarefied cultural actors, so rendering them illegitimate as economic agents. In Stages of Capital, Birla brings research on nonwestern capitalisms into conversation with postcolonial studies to illuminate the historical roots of India?s market society. Highlighting the cultural politics of market governance, the book is an unprecedented history of colonial commercial law, its legal fictions, and the formation of the modern economic subject in India. Printed Pages: 360. Buchnummer des Verkäufers 14078

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Inhaltsangabe: In Stages of Capital, Ritu Birla brings research on non-western capitalisms into conversation with postcolonial studies to illuminate the historical roots of India s market society. Between 1870 and 1930, the British regime in India implemented a barrage of commercial and contract laws directed at the free circulation of capital, including measures regulating companies, income tax, charitable gifting, and pension funds, and procedures distinguishing gambling from speculation and futures trading. Birla argues that this legal infrastructure institutionalized a new object of sovereign management, the market, and along with it, a colonial concept of the public. In jurisprudence, case law, and statutes, colonial market governance enforced an abstract vision of modern society as a public of exchanging, contracting actors free from the anachronistic constraints of indigenous culture. Birla reveals how the categories of public and private infiltrated colonial commercial law, establishing distinct worlds for economic and cultural practice. This bifurcation was especially apparent in legal dilemmas concerning indigenous or vernacular capitalists, crucial engines of credit and production that operated through networks of extended kinship. Highlighting the cultural politics of market governance, Stages of Capital is an unprecedented history of colonial commercial law, its legal fictions, and the formation of the modern economic subject in India. Winner of the 2010 Albion Book Prize of the North American Conference on British Studies, this book will interest historians of economy, caste, law as well as anthropologists and sociologists.

From the Back Cover: "This remarkable book shows that the history of colonial capitalisms need not, and cannot, be divorced from subtle changes in ideas of legal subjectivity, gender, and corporate risk taking as subjects of archivally based cultural analysis. Ritu Birla's story of the transformation of the Marwari business clans of northern and eastern India into giants of contemporary capitalism is both impeccably scholarly and resolutely post-Orientalist. This book is a must for all those who sense that the mammoth global meltdown of this decade is powered by myriad regional and cultural capitalist trajectories."--Arjun Appadurai, Goddard Professor of Media, Culture, and Communication, New York University

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Bibliografische Details

Titel: Stages of Capital: Law, Culture, and Market ...
Verlag: Orient BlackSwan Pvt. Ltd
Erscheinungsdatum: 2011
Einband: Softcover
Zustand: New

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Birla, Ritu
ISBN 10: 0822342456 ISBN 13: 9780822342458
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Buchbeschreibung Durham : Duke University Press, 2009. Hardcover. No dustjacket. 346 pp. Includes bibliographical references (p. [307]-328) and index. - Contents : The proper swindle : commercial and financial legislation of the 1880s -- Capitalism's idolatry : the law of charitable trusts, mortmain, and the firm as -- Family, c. 1870/1920 -- For general public utility : sovereignty, philanthropy, and market governance -- 1890/1920 -- Hedging bets : speculation, gambling, and market ethics, 1890/1930 -- Economic agents, cultural subjects : gender, the joint family, and the making of -- Capitalist subjects, 1900/1940 -- Conclusion : colonial modernity and the social worlds of capital. Condition : as new copyISBN 9780822342458[KEYWORDS: RECHT*, *2006-100 asian law, *2017-13 rechtsgeschiedenis. Artikel-Nr. 34075

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