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Title Distant Tyranny: Markets, Power, and Backwardness in Spain, 1650-1800 : Markets, Power, and Backwardness in Spain, 1650-1800 / Regina Grafe.
Imprint Princeton, N.J. : Princeton University Press, [2012]


 Internet  Electronic Book    AVAILABLE
Edition Course book.
Description 1 online resource (320 pages) : illustrations
Series The Princeton Economic History of the Western World
Princeton economic history of the Western world.
Note Available only to authorized UTEP users.
In English.
Online resource; title from PDF title page (publisher's Web site, viewed October 27 2015).
Subject BUSINESS and amp -- ECONOMICS -- Commerce.
BUSINESS and amp -- ECONOMICS -- Marketing -- General.
BUSINESS and amp -- ECONOMICS -- Sales and amp -- Selling -- General.
History -- Spain and amp -- Europe -- Portugal.
Spain -- Commerce -- History -- 17th century.
Spain -- Commerce -- History -- 18th century.
Spain -- Economic conditions.
Genre History.
Contents Frontmatter -- Contents -- Acknowledgments -- Preface -- Chapter 1 Markets and States -- Chapter 2. Tracing the Market -- Chapter 3. Bacalao -- Chapter 4. The Tyranny of Distance -- Chapter 5. Distant Tyranny -- Chapter 6. Distant Tyranny -- Chapter 7. Market Growth and Governance in Early Modern Spain -- Chapter 8. Center and Peripheries -- Conclusions -- A Note on the Sources -- Bibliography -- Index.
Summary Spain's development from a premodern society into a modern unified nation-state with an integrated economy was painfully slow and varied widely by region. Economic historians have long argued that high internal transportation costs limited domestic market integration, while at the same time the Castilian capital city of Madrid drew resources from surrounding Spanish regions as it pursued its quest for centralization. According to this view, powerful Madrid thwarted trade over large geographic distances by destroying an integrated network of manufacturing towns in the Spanish interior. Challenging this long-held view, Regina Grafe argues that decentralization, not a strong and powerful Madrid, is to blame for Spain's slow march to modernity. Through a groundbreaking analysis of the market for bacalao--dried and salted codfish that was a transatlantic commodity and staple food during this period--Grafe shows how peripheral historic territories and powerful interior towns obstructed Spain's economic development through jurisdictional obstacles to trade, which exacerbated already high transport costs. She reveals how the early phases of globalization made these regions much more externally focused, and how coastal elites that were engaged in trade outside Spain sought to sustain their positions of power in relation to Madrid. Distant Tyranny offers a needed reassessment of the haphazard and regionally diverse process of state formation and market integration in early modern Spain, showing how local and regional agency paradoxically led to legitimate governance but economic backwardness.