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Elite Self-Interest and Economic Decline in Early Modern Europe

Bibliographic Data

ID7598677
AuthorsRichard Lachmann (University at Albany, State University of New York, corresponding author)
Year2003
Volume68
Issue3
Pages346
Publication date2003-06-01
Peer ReviewedYes
Open AccessNo
TypeARTICLE
VenueAmerican Sociological Review (JOURNAL)
Journal identifiersISSN: 0003-1224 • E-ISSN: 1939-8271
PublisherSAGE Publications (PUBLISHER • US)
DOI10.1177/000312240306800303
OpenAlexW4385886597
LanguageEN
Citations received19
References cited55

Why does the leading economic power of its time lose its dominance? Competing theories are tested through a comparison of four historical cases-the Florentine city-state, the Spanish empire, and the Dutch and British nation-states. Institutional context determined social actors' capacities to apply their polities' human and material resources to foreign economic competition. Specifically, the dominant elites in each polity established the social relations and institutions that protected them from domestic challenges from rival elites and classes. But these relations and institutions had the effect of limiting elites' capacities to adapt to foreign economic rivals: Elites acting locally determined their capacities to act globally

Competition (biology · Context (archaeology · Development economics · Dominance (genetics · Economic system · Economics · Elite · Empire · Geography · Political economy · Political science · Politics · Polity · Power (physics · State (computer science · Australian History and Society · Culture, Economy, and Development Studies · Historical Economic and Social Studies · Law · World Systems and Global Transformations

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Unique citing works14
Citations per year0,86
Citation span2004 - 2026 (23)
Citation velocitycurrent
Highly citedNo
Citation typesNeutral: 19
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