Family Firms and Merchant Capitalism in Early Modern Europe: The Business, Bankruptcy and Resilience of...

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Thomas Max Safley

Family Firms and Merchant Capitalism in Early Modern Europe

The Business, Bankruptcy and Resilience of the Höchstetters of Augsburg

Thomas Max Safley

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Hardback

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English

Routledge
27 November 2019

European history; Early modern history: c 1450 to c 1700; Economic history; Banking; Credit & credit institutions

Series: Routledge Explorations in Economic History

This fascinating study follows the fortunes of the Höchstetter family, merchant-manufacturers and financiers of Augsburg, Germany, in the late-fifteenth and early-sixteenth centuries, and sheds light on the economic and social history of failure and resilience in early modern Europe. Carefully tracing the chronology of the family’s rise, fall and transformation, it moves from the micro- to the macro-level, making comparisons with other mercantile families of the time to draw conclusions and suggest insights into such issues as social mobility, capitalist organization, business techniques, market practices and economic institutions. The result is a microhistory that offers macro-conclusions about the lived experience of early capitalism and capitalistic practices.

This book will be valuable reading for advanced students and researchers of economic, financial and business history, legal history and early modern European history.

By: Thomas Max Safley
Imprint: Routledge
Country of Publication: United Kingdom
Dimensions: Height: 234mm, Width: 156mm,
Weight: 453g
ISBN: 9780367137106
ISBN 10: 0367137100
Series: Routledge Explorations in Economic History
Pages: 288
Publication Date: 27 November 2019
Audience: College/higher education , Primary
Format: Hardback
Publisher's Status: Active

List of Figures. List of Maps. Note on Money. Note on Translations. Acknowledgements. Introduction. 1. Family Firms Considered: “Ambrosius and Hans, the Brothers Höchstetter and Associates”. 2. Capitalistic Practices: The Höchstetter Brassworks at Pflach. 3. Crisis and Insolvency: Information Management by and about the Höchstetters. 4. Bankruptcy: Local Institutions and their Consequences 5. Bankruptcy: Financial Markets and Credit Networks. 6. Ruin and Recovery: The Question of Resilience and the Höchstetter “Family Firm”. Conclusion. Appendix 1: Rising Höchstetter Fortunes. Appendix 2: Höchstetter Creditors. Bibliography. Index.

Thomas Max Safley is Professor of Early Modern European History at the University of Pennsylvania, USA.