Stages of Capital: Law, Culture, and Market Governance in Late Colonial India
In Stages of Capital, Ritu Birla brings research on nonwestern 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...
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Format: | Elektronisch E-Book |
Sprache: | English |
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Durham
Duke University Press
[2009]
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Schriftenreihe: | e-Duke books scholarly collection
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Online-Zugang: | FAB01 FAW01 FHA01 FKE01 FLA01 UBG01 UPA01 FCO01 Volltext |
Zusammenfassung: | In Stages of Capital, Ritu Birla brings research on nonwestern 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 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. Focusing on the story of the Marwaris, a powerful business group renowned as a key sector of India's capitalist class, Birla demonstrates how colonial law governed vernacular capitalists as rarefied cultural actors, so rendering them illegitimate as economic agents. Birla's innovative attention to the negotiations between vernacular and colonial systems of valuation illustrates how kinship-based commercial groups asserted their legitimacy by challenging and inhabiting the public/private mapping. 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 |
Beschreibung: | Description based on online resource; title from PDF title page (publisher's Web site, viewed 25. Nov 2020) |
Beschreibung: | 1 online resource (359 pages) |
ISBN: | 9780822392477 |
DOI: | 10.1515/9780822392477 |
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spelling | Birla, Ritu Verfasser aut Stages of Capital Law, Culture, and Market Governance in Late Colonial India Ritu Birla Durham Duke University Press [2009] © 2009 1 online resource (359 pages) txt rdacontent c rdamedia cr rdacarrier e-Duke books scholarly collection Description based on online resource; title from PDF title page (publisher's Web site, viewed 25. Nov 2020) In Stages of Capital, Ritu Birla brings research on nonwestern 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 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. Focusing on the story of the Marwaris, a powerful business group renowned as a key sector of India's capitalist class, Birla demonstrates how colonial law governed vernacular capitalists as rarefied cultural actors, so rendering them illegitimate as economic agents. Birla's innovative attention to the negotiations between vernacular and colonial systems of valuation illustrates how kinship-based commercial groups asserted their legitimacy by challenging and inhabiting the public/private mapping. 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 In English HISTORY / Asia / India & South Asia bisacsh Rule of law India https://doi.org/10.1515/9780822392477 Verlag URL des Erstveröffentlichers Volltext |
spellingShingle | Birla, Ritu Stages of Capital Law, Culture, and Market Governance in Late Colonial India HISTORY / Asia / India & South Asia bisacsh Rule of law India |
title | Stages of Capital Law, Culture, and Market Governance in Late Colonial India |
title_auth | Stages of Capital Law, Culture, and Market Governance in Late Colonial India |
title_exact_search | Stages of Capital Law, Culture, and Market Governance in Late Colonial India |
title_exact_search_txtP | Stages of Capital Law, Culture, and Market Governance in Late Colonial India |
title_full | Stages of Capital Law, Culture, and Market Governance in Late Colonial India Ritu Birla |
title_fullStr | Stages of Capital Law, Culture, and Market Governance in Late Colonial India Ritu Birla |
title_full_unstemmed | Stages of Capital Law, Culture, and Market Governance in Late Colonial India Ritu Birla |
title_short | Stages of Capital |
title_sort | stages of capital law culture and market governance in late colonial india |
title_sub | Law, Culture, and Market Governance in Late Colonial India |
topic | HISTORY / Asia / India & South Asia bisacsh Rule of law India |
topic_facet | HISTORY / Asia / India & South Asia Rule of law India |
url | https://doi.org/10.1515/9780822392477 |
work_keys_str_mv | AT birlaritu stagesofcapitallawcultureandmarketgovernanceinlatecolonialindia |