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1 - The threshold of exchange

Published online by Cambridge University Press:  16 November 2009

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Summary

Pythagoras said, that this world was like a Stage

Whereon many play their partes: the lookers on the sage

Phylosophers are said he, whose parte is to learne

The manners of all Nations, and the good from the

bad to discerne.

Richard Edwardes, The Excellent Comedie of the two most faithfullest Freendes, Damon and Pithias (1565)

[Pythagoras] sayde that this worlde was nothing but

a very mercate, where there meete three sortes of men,

the one to buy, the other to sell, and the thirde to

looke on, who (he sayde) were the Philosophers, whom

hee counted the happiest of them all.

Stephen Guazzo, The Civile Conversation (1581)

What is a market? Is it a place? a process? a principle? a power? History yields no definitive answers to these questions, partly because the motives of exchange are almost always overdetermined and partly because the earliest markets have left so few records behind them. To be sure, the absence of documentation is scarcely a deterrent for those who prefer to think of markets as the institutional expression of a natural human propensity to truck and barter. If anything, the seemingly magical appearance of markets in the landscape of antiquity tends to confirm this view of trade as a kind of socio-biological tropism, suggesting, as it does, a spontaneous gravitational pull toward commodity exchange encoded deep within the cellular structure of primitive societies. To those economic geographers for whom trade is always an indigenous (or endogenous) development, the map of human settlement invariably resembles a honeycomb grid of marketing areas.

Type
Chapter
Information
Worlds Apart
The Market and the Theater in Anglo-American Thought, 1550–1750
, pp. 17 - 56
Publisher: Cambridge University Press
Print publication year: 1986

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