Trevor Jackson – författare

Today, virtually the entire world lives under the economic system called capitalism and most people alive have never known another. But as Trevor Jackson argues, it wasn’t always capitalism, it didn’t have to be capitalism and capitalism didn’t have to be this way. How did it happen? With a firm grasp on history and economics and a keen eye for the telling anecdote, Jackson explains the rise of capitalism from the discovery of the New World to the First World War. A fast-paced work of global history that explores the role of Chinese mulberry trees, Dutch tulips and whale blubber—along with Spanish conquistadors, Mexican mine workers and English bankers—The Insatiable Machine traces capitalism’s development from the accidental construction of an international monetary system to the creation of banking, the emergence of a new form of slavery, fossil-fuel industrialisation and finally the global capitalist system spread by imperialism.

Whose fault are financial crises, and who is responsible for stopping them, or repairing the damage? Impunity and Capitalism develops a new approach to the history of capitalism and inequality by using the concept of impunity to show how financial crises stopped being crimes and became natural disasters. Trevor Jackson examines the legal regulation of capital markets in a period of unprecedented expansion in the complexity of finance ranging from the bankruptcy of Europe's richest man in 1709, to the world's first stock market crash in 1720, to the first Latin American debt crisis in 1825. He shows how, after each crisis, popular anger and improvised policy responses resulted in efforts to create a more just financial capitalism but succeeded only in changing who could act with impunity, and how. Henceforth financial crises came to seem normal and legitimate, caused by impersonal international markets, with the costs borne by domestic populations and nobody in particular at fault.

Whose fault are financial crises, and who is responsible for stopping them, or repairing the damage? Impunity and Capitalism develops a new approach to the history of capitalism and inequality by using the concept of impunity to show how financial crises stopped being crimes and became natural disasters. Trevor Jackson examines the legal regulation of capital markets in a period of unprecedented expansion in the complexity of finance ranging from the bankruptcy of Europe''s richest man in 1709, to the world''s first stock market crash in 1720, to the first Latin American debt crisis in 1825. He shows how, after each crisis, popular anger and improvised policy responses resulted in efforts to create a more just financial capitalism but succeeded only in changing who could act with impunity, and how. Henceforth financial crises came to seem normal and legitimate, caused by impersonal international markets, with the costs borne by domestic populations and nobody in particular at fault.

Whose fault are financial crises, and who is responsible for stopping them, or repairing the damage? Impunity and Capitalism develops a new approach to the history of capitalism and inequality by using the concept of impunity to show how financial crises stopped being crimes and became natural disasters. Trevor Jackson examines the legal regulation of capital markets in a period of unprecedented expansion in the complexity of finance ranging from the bankruptcy of Europe''s richest man in 1709, to the world''s first stock market crash in 1720, to the first Latin American debt crisis in 1825. He shows how, after each crisis, popular anger and improvised policy responses resulted in efforts to create a more just financial capitalism but succeeded only in changing who could act with impunity, and how. Henceforth financial crises came to seem normal and legitimate, caused by impersonal international markets, with the costs borne by domestic populations and nobody in particular at fault.

Whose fault are financial crises, and who is responsible for stopping them, or repairing the damage? Impunity and Capitalism develops a new approach to the history of capitalism and inequality by using the concept of impunity to show how financial crises stopped being crimes and became natural disasters. Trevor Jackson examines the legal regulation of capital markets in a period of unprecedented expansion in the complexity of finance ranging from the bankruptcy of Europe's richest man in 1709, to the world's first stock market crash in 1720, to the first Latin American debt crisis in 1825. He shows how, after each crisis, popular anger and improvised policy responses resulted in efforts to create a more just financial capitalism but succeeded only in changing who could act with impunity, and how. Henceforth financial crises came to seem normal and legitimate, caused by impersonal international markets, with the costs borne by domestic populations and nobody in particular at fault.

Today, a vast majority of us live under the economic system called capitalism—it touches almost every aspect of our lives, and most people alive have never known another. Yet, a cursory look at the world around us reveals that things can’t stay this way forever: an economy built on infinite amassing and consumption of resources is at odds with a finite planet. How did this happen? As the economic historian Trevor Jackson argues in this powerful book, It wasn’t always capitalism, it didn’t have to be capitalism, and capitalism didn’t have to be this way.With a firm grasp on history and economics and a keen eye for the telling anecdote, Jackson explains where capitalism came from, how it spread across the globe, and how it came to be the dominant way of organizing life. He traces capitalism’s development from the accidental construction of an international monetary system to the creation of banking, the emergence of a new form of slavery in the eighteenth century, fossil-fuel industrialization, and finally the global capitalist system spread by imperialism in the nineteenth century. Along the way, readers learn about the surprising role of Chinese mulberry trees, Dutch cheese, whale blubber, imperial gin and tonics, Spanish conquistadors, Mexican mine workers, and English bankers in the history and development of capitalism.Full of memorable characters and lively vignettes as well as sweeping quantitative analysis and historical synthesis, The Insatiable Machine makes clear that capitalism is neither a natural, permanent, nor inevitable feature of human life but rather an economic system that has a history. And just as it was made by people, it can also be unmade by them.