A new interpretation of the American Revolution as a transformative
monetary contest American money and American democracy have always
been in tension, pitting political equality against economic
inequality. In Money and the Making of the American Revolution, Andrew
David Edwards shows how this struggle emerged in America’s founding
era. Everyone knows that the founders waged a revolt against taxation
without representation. Edwards shows that the dispute over taxes was
really a dispute over money: what it was, who could make it, and how
to keep it from being used at the expense of the colonists in North
America. The colonial rebels refocused their resistance on democratic,
local control—defending the power they had used to make money for
themselves. Edwards’s narrative spans four continents, linking the
problems of money and revolt in early America to the transatlantic
slave trade, the disastrous mismanagement of the East India Company in
India, and violence against Native Americans. His analysis emerges
from the story itself, through the lives of individuals ranging from
John Blackwell, Oliver Cromwell's one-time war treasurer, to Thomas
Paine, the impassioned pamphleteer of the American Revolution. Edwards
argues that as the republican vision of an agrarian, independent
monetary system faded, the leaders of the Revolution tied the nation
to capitalism and imperialism at its founding. The colonists may have
won the battle for representation, but the money that underpinned
European empire had established a stronghold in the new republic.
Money and the Making of the American Revolution offers both an
ambitious new interpretation of the Revolution and a fascinating story
about the power of economic ideas.
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Produktdetaljer
ISBN
9780691280127
Publisert
2025
Utgiver
Princeton University Press
Språk
Product language
Engelsk
Format
Product format
Digital bok
Forfatter