This book demonstrates how the political economy of mercantilism was not simply a Western invention by various cities and kingdoms during the Renaissance, but was the natural by-product of perpetually limited growth rates and rulers relentless pursuits of bullion. It contributes to discussions of the economic history surrounding the so-called 'Great Divergence' between East and West, which would consequently lend context and credence to differences of economic thought in the world today. Additionally, it seeks to explain present economic thought as tacitly derived from implicit antique paradigms. This book advances fields of research from numismatics and sigillography to historical materialism and historical political economy.
Divided into three parts, Orthodox Mercantilism first examines the political theology (the sovereignty) of the úcumene from the early 11th century. Second, it analyzes its peripheral legislation from the customary laws of newly Christianized dynasties up to the Kormcaja Knigas adoption (the Nomokanon) by 13th-century Orthodox dynasties across Eastern Europe. Third, it explores how these dynasties (and their own satellite dynasties) hoarded finite bullion to pay for defense, resulting in the 11-14th-century coinless period across Eastern Europe and Western Eurasia.
Appealing to students and scholars alike, this book will be of interest to those studying and researching economic and mercantile history, particularly in the context of Byzantine and Eastern European societies.
A Zero-Sum World
Pronoia: Orthodox feudalism?
Mercantilism 101
What was the 'Byzantine Commonwealth'?
1. Byzantium: nation-state or civilization-state?
2. Did Byzantium generate a 'commonwealth'?
3. How should the úcumene be interpreted?
The cumene
Chapter 1
The Byzantine Commonwealth unfolds
Byzantium and the baptism of Vladimir, 986-989 - the problems of the sources
The evidence of Chersons involvement in the Phokas rebellion, 987-989
A reassemblage of the revisionist hypothesis, 987-989
Chapter 2
The Rusian metropolitanate: 'proto-state' or exarchate?
Beyond Commonwealth
Byzantine western exarchates of the 6-8th c.
The loyalty of the thema of Bulgaria after 1019
The metropolitanate of Rusia reconsidered
The Law
Chapter 3
From customary law to Christian law
The Russkaja Pravda (11-12th centuries)
Byzantine legal influences in the expanded Russkaja Pravda
The adoption of the Zakon Sudnyj Ljudem (9-12th c.)
From the Zakon Sudnyj Ljudem to the Kormcaja Kniga
Chapter 4
Overlapping sovereignties: empire, commonwealth and jurisdiction
Orthodox tax, debt and property law to the 13th century
Orthodox tax, debt and property law since the 13th century
The Coin
Chapter 5
The hoarding period: Eastern Europe, 11-14th centuries
Bullion, deniers and debasement
Barter, debt and law
Imagined borders
Chapter 6
Sovereignty and bullion: 13-17th centuries
Coins of the Romanía dynasties
Coins of the cumene dynasties
Cycles of Divergence and Convergence
Misconceptions of feudalism and mercantilism
1. The misconception that Roman laws and feudal laws have been different
2. The misconception that feudalism has been exclusive to Latin Christendom
3. The misconception that feudalism and mercantilism have been mutually exclusive economic systems
The contested inheritance of Byzantiums political economy and rhetoric
Orthodox ecumenism
Rex Catholicissimus, the Spains and 'The Powerful Mr. Money'
Pravoslavie, the Russias and 'The Artery of War - Money'
The Great Divergence?
Ecumenical sovereignty and the national idea
Liberal interpretations of zero-sum economic history
Bibliography
Primary Sources
Secondary Sources
Index
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