EAS247H1 Lecture Notes - Lecture 3: Ihara Saikaku, Commodity Money, World Community
Document Summary
Tokugawa japan: develop, emergence of new social, cannot think about money unless we understand the movement/consumption about commodity, now money is unquestionable money commodity now administration wants liquidity (hard money) Peasants vs merchants: merchants start to attain social power b/c economic, new circuit of commodity. Samurai falling into debt (should be engaging in money) desire more money. Money: social method of relating to people. Newfound loyalty to money, and not to your retainer. Capital vs capitalism: when did capitalism start, production of commodity money circulation buy low and sell high form capital (c-) m-c-m". Large farmers start to buy up smaller ones (work for me! In exchange, i"ll give you money) production itself becomes mediate. Once you have ability, yourself becomes commodity. It didn"t dominate all the society: legal homogenize stateforce, subsumption under labour capital. Tokugawa was getting worried: cant organize internal then will be vulnerable to the world. Inability to deal with social and economic problems.
