The political economy of trade
Abstract
In Chapter 1 the notion of the traders’ dilemma was introduced. It was suggested that any trader who wishes to trade with a view to accumulation - the key to the rise of the modern capitalistic world - faced an acute dilemma in regard to the misfit of his ethic of action (personal accumulation) and the ethic of his peasant society (community-distributive solidarity).
Fields of Study & Subjects
Historical Economic and Legal Thought
Political Economy and Marxism
Historical Economic and Social Studies
Publication details
- Journal / source
- Routledge eBooks
- Pages
- 48–58
- Publication date
- 11 March 2026
- Language
- EN
- Document type
- Book chapter