This chapter reads Wollstonecraft’s Vindication of the Rights of Men as staging not merely a political argument with Edmund Burke’s Reflections on the Revolution in France, but a political economic one. By exhuming the obscured economic substrata of Burke’s work, Wollstonecraft exposes the injustices of the socio-economic order which he sought to naturalise and attacks the economic order on which late eighteenth-century society was founded. Wollstonecraft shows how Burke weaponises ‘specious’ human feeling in defence of existing structures, and how he defends a political economy which subjugates human feeling to a defence of the status quo. In contrast, Wollstonecraft resists the separation of political economic concerns from questions of liberty, equality, and happiness. By insisting that sympathetic feeling for others should be used to reform human community and to motivate political actions to sustain human happiness, she asserts human feeling as an alternative ground of value.

This chapter explores how political economy was understood in Joseph Johnson’s periodical, the Analytical Review, by investigating which publications were listed under the heading of ‘political economy’, and how they were reviewed. It thereby illuminates how political economy was understood in Wollstonecraft’s intellectual milieu. Political economy emerges as a heterogeneous discourse where political and moral ideas mixed with the economic, and where discussions of human nature, and human motivation, as well as of civil society, were often prominent. Writings reviewed as ‘political economy’ in the Analytical Review reveal how the term was used by radical and progressive thinkers as a means for collecting a range of critical perspectives on contemporary society, as well as setting out possible means of improvement. In the eyes of the Analytical Review, political economy offered the prospect of enacting reforms which might increase the happiness of ordinary people, and a means of critiquing existing injustices.

This chapter addresses Wollstonecraft’s engagement with narratives of property and property society in Smith and Rousseau, as reflected in her A Short Residence in Sweden, Norway and Denmark (1796). In political economy’s imaginary, the figure of property encapsulates the ambivalences at the heart of late eighteenth-century modernity and poses questions of affective response and social relation which were fundamental to political economy’s account of social origin. Wollstonecraft’s attention to property of many kinds on her travels is read as an on-going critique of the contemporary political economic order, as well as attempts to imagine alternatives to it, such as the independent, comfortable existence suggested by the farmstead or cottage. Literary form emerges as a means through which questions of human personality and identity in commercial modernity might be framed, and as a means of insisting on ‘something’ more than the mediated social relations of market society’s ‘society of strangers’.

This chapter addresses Wollstonecraft’s Historical and Moral View of the Origin and Progress of the French Revolution (1794), the work in which she engages most explicitly with contemporary political economic thought. Noting that she gives particular prominence to the liberation of the grain trade in the early years of the Revolution, it explores how Wollstonecraft uses the issue to yoke commercial with political forms of liberty. The free circulation of grain was a totemic issue in Adam Smith’s new political economy of ‘natural liberty’, but it also pitted the market against traditional notions of ‘moral economy’. The chapter also explores Wollstonecraft’s links with Girondin politicians, including Jacques Pierre Brissot, and theirs with the Shelburne circle of the 1780s, and discusses the involvement of Americans Joel Barlow and Gilbert Imlay in provisioning the French Republic in the mid-1790s: activity which informed the hostility to commerce of Wollstonecraft’s later works.

This chapter opens with an account of the Bank Restriction Act (1797) as marking a crisis in the British credit system on which the economy depended. It reads Wollstonecraft’s unfinished novel, The Wrongs of Woman (1798), as investigating the gendered systems of affect, belief, and credit which underwrote both political economy and social relations. Against Adam Smith’s attempt to regulate potentially disruptive forms of affect, including credulity and sensibility, the ‘extreme credulity’ of Wollstonecraft’s protagonist, Maria, rewrites the usual story of irrational femininity as the binary other to masculine rationality. Demonstrating the mutual imbrication of financial and sexual economies in late eighteenth-century commercial society, Wollstonecraft attempts to mobilise an alternative economy of social feeling to reform a selfish, sexualised world of commerce based on self-interest, and to reformulate the relations between morality and commercial society – between affect and money – by asking what else might circulate to social advantage.

This chapter reads Wollstonecraft’s Vindication of the Rights of Men and the Vindication of the Rights of Woman as integral to her critique of the culture, behaviour, psychology, and ‘manners’ of commercial society. Against a narrative of human motivation deeply rooted in political economic discourse, Wollstonecraft associates property with indolence, libertinism, and immorality, and offers an alternative moral economy which links virtue to effort, labour, and exertion in the linked spheres of mind, manners, and morals. The imagination is revealed as posing a fundamental challenge to political economy, as an independent power which frees the self from the subject relations of property order. In calling for a ‘revolution in manners’ addressed especially to women, Wollstonecraft looks to a moral revolution against the forces of history and calls on women to save commercial society from itself, and to save themselves from it.

Taking this question as a starting point, Mary Wollstonecraft and Political Economy gives a compelling new account of Wollstonecraft as critic of the material, moral, social, and psychological conditions of commercial modernity. Offering thorough analysis of Wollstonecraft’s major writings – including her two Vindications, her novels, her history of the French Revolution, and her travel writing – this is the only book-length study to situate Wollstonecraft in the context of the political economic thought of her time. It shows Wollstonecraft as an economic as much as a political radical, whose critique of the emerging economic orthodoxies of her time anticipates later Romantic thinkers. This title is part of the Flip it Open Programme and may also be available Open Access. Check our website Cambridge Core for details.

When Wollstonecraft’s Vindication of the Rights of Woman (1792) was first published, it was categorised in Joseph Johnson’s Analytical Review as a work of political economy. The introduction asks what this term meant for Wollstonecraft and her contemporaries, and argues that it was used to understand the nature and operation of modern commercial society, as well as the potential for its reformation. Wollstonecraft’s relation to this project is explored, both through a survey of her engagement with Adam Smith and through her lived experience as an unmarried, often indebted woman in a society organised around possession of property. Wollstonecraft is presented as a writer engaging throughout her career as a critic of the connected material, economic, moral, psychological, and social conditions of modern commercial contemporaneity, and as anticipating the opposition to political economy of later Romantic writers.