Maarten Prak

How medieval Dutch society laid the foundations for modern capitalismThe Netherlands was one of the pioneers of capitalism in the Middle Ages, giving rise to the spectacular Dutch Golden Age while ushering in an era of unprecedented, long-term economic growth. Pioneers of Capitalism examines the formal and informal institutions in the Netherlands that made this economic miracle possible, providing a groundbreaking new history of the emergence and early development of capitalism. Drawing on the latest quantitative theories in economic research, Maarten Prak and Jan Luiten van Zanden show how Dutch cities, corporations, guilds, commons, and other private and semipublic organizations provided safeguards for market transactions in the state’s absence. Informal institutions developed in the Netherlands long before the state created public safeguards for economic activity. Prak and van Zanden argue that, in the Netherlands itself, capitalism emerged within a robust civil society that constrained and counterbalanced its centrifugal forces, but that an unrestrained capitalism ruled in the overseas territories. Rather than collapsing under unrestricted greed, the Dutch economy flourished, but prosperity at home came at the price of slavery and other dire consequences for people outside Europe. Pioneers of Capitalism offers a panoramic account of the early history of capitalism, revealing how a small region of medieval Europe transformed itself into a powerhouse of sustained economic growth, and changed the world in the process.

Rembrandt, Hals and Vermeer are still household names, even though they died over three hundred years ago. In their lifetimes they witnessed the extraordinary consolidation of the newly independent Dutch Republic and its emergence as one of the richest nations on earth. As one contemporary wrote in 1673: the Dutch were 'the envy of some, the fear of others, and the wonder of all their neighbours'. During the Dutch Golden Age, the arts blossomed and the country became a haven of religious tolerance. However, despite being self-proclaimed champions of freedom, the Dutch conquered communities in America, Africa and Asia and were heavily involved in both slavery and the slave trade on three continents. This substantially revised second edition of the leading textbook on the Dutch Republic includes a new chapter exploring slavery and its legacy, as well as a new chapter on language and literature.

Rembrandt, Hals and Vermeer are still household names, even though they died over three hundred years ago. In their lifetimes they witnessed the extraordinary consolidation of the newly independent Dutch Republic and its emergence as one of the richest nations on earth. As one contemporary wrote in 1673: the Dutch were 'the envy of some, the fear of others, and the wonder of all their neighbours'. During the Dutch Golden Age, the arts blossomed and the country became a haven of religious tolerance. However, despite being self-proclaimed champions of freedom, the Dutch conquered communities in America, Africa and Asia and were heavily involved in both slavery and the slave trade on three continents. This substantially revised second edition of the leading textbook on the Dutch Republic includes a new chapter exploring slavery and its legacy, as well as a new chapter on language and literature.

How medieval Dutch society laid the foundations for modern capitalismThe Netherlands was one of the pioneers of capitalism in the Middle Ages, giving rise to the spectacular Dutch Golden Age while ushering in an era of unprecedented, long-term economic growth. Pioneers of Capitalism examines the formal and informal institutions in the Netherlands that made this economic miracle possible, providing a groundbreaking new history of the emergence and early development of capitalism. Drawing on the latest quantitative theories in economic research, Maarten Prak and Jan Luiten van Zanden show how Dutch cities, corporations, guilds, commons, and other private and semipublic organizations provided safeguards for market transactions in the state’s absence. Informal institutions developed in the Netherlands long before the state created public safeguards for economic activity. Prak and van Zanden argue that, in the Netherlands itself, capitalism emerged within a robust civil society that constrained and counterbalanced its centrifugal forces, but that an unrestrained capitalism ruled in the overseas territories. Rather than collapsing under unrestricted greed, the Dutch economy flourished, but prosperity at home came at the price of slavery and other dire consequences for people outside Europe. Pioneers of Capitalism offers a panoramic account of the early history of capitalism, revealing how a small region of medieval Europe transformed itself into a powerhouse of sustained economic growth, and changed the world in the process.

Citizenship is at the heart of our contemporary world but it is a particular vision of national citizenship forged in the French Revolution. In Citizens without Nations, Maarten Prak recovers the much longer tradition of urban citizenship across the medieval and early modern world. Ranging from Europe and the American colonies to China and the Middle East, he reveals how the role of 'ordinary people' in urban politics has been systematically underestimated and how civic institutions such as neighbourhood associations, craft guilds, confraternities and civic militias helped shape local and state politics. By destroying this local form of citizenship, the French Revolution initially made Europe less, rather than more democratic. Understanding citizenship's longer-term history allows us to change the way we conceive of its future, rethink what it is that makes some societies more successful than others, and whether there are fundamental differences between European and non-European societies.

Citizenship is at the heart of our contemporary world but it is a particular vision of national citizenship forged in the French Revolution. In Citizens without Nations, Maarten Prak recovers the much longer tradition of urban citizenship across the medieval and early modern world. Ranging from Europe and the American colonies to China and the Middle East, he reveals how the role of 'ordinary people' in urban politics has been systematically underestimated and how civic institutions such as neighbourhood associations, craft guilds, confraternities and civic militias helped shape local and state politics. By destroying this local form of citizenship, the French Revolution initially made Europe less, rather than more democratic. Understanding citizenship's longer-term history allows us to change the way we conceive of its future, rethink what it is that makes some societies more successful than others, and whether there are fundamental differences between European and non-European societies.