The Economy Of Literature

Why did coinage, tyranny, and philosophy develop in the same time and place? Marc Shell explores how both money and language give "worth" by providing a medium of exchange, how the development of money led to a revolution in philosophical thought and language, and how words transform mere commodities into symbols at once aesthetic and practical. Offering carefully documented interpretations of texts from Heraclitus, Herodotus, Sophocles, Plato, Aristotle, Rousseau, and Ruskin, Shell demonstrates the kinship between literary and economic theory and production, introduces new methods of analyzing texts, and shows how literary and philosophical fictions can help us understand the world in which we live.

"Erickson analyzes the effects of a changing market on the relative cultural status of literary forms. Topics include the impact of technological changes in printing on English poetry; ideological focus and the market for the essay; and marketing the novel, 1820-1850."--"Book News, Inc., " Portland, Oregon. (Literary Criticism)

In recent years, money, finance, and the economy have emerged as central topics in literary studies. The Cambridge Companion to Literature and Economics explains the innovative critical methods that scholars have developed to explore the economic concerns of texts ranging from the medieval period to the present. Across seventeen chapters by field-leading experts, the book highlights how, throughout literary history, economic matters have intersected with crucial topics including race, gender, sexuality, nation, empire, and the environment. It also explores how researchers in other disciplines are turning to literature and literary theory for insights into economic questions. Combining thorough historical coverage with attention to emerging issues and approaches, this Companion will appeal to literary scholars and to historians and social scientists interested in the literary and cultural dimensions of economics.

Political Economy and the Novel: A Literary History of ‘Homo Economicus’ provides a transhistorical account of homo economicus (economic man), demonstrating this figure’s significance to economic theory and the Anglo-American novel over a 250-year period. Beginning with Adam Smith’s seminal texts – Theory of Moral Sentiments and The Wealth of Nations – and Henry Fielding’s A History of Tom Jones, this book combines the methodologies of new historicism and new economic criticism to investigate the evolution of the homo economicus model as it traverses through Ricardian economics and Jane Austen’s Sanditon; J. S. Mill and Charles Dickens’ engagement with mid-Victorian dualities; Keynesianism and Mrs Dalloway’s exploration of post-war consumer impulses; the a/moralistic discourses of Friedrich von Hayek, and Ayn Rand’s Atlas Shrugged; and finally the virtual crises of the twenty-first century financial market and Don DeLillo’s Cosmopolis. Through its sustained comparative analysis of literary and economic discourses, this book transforms our understanding of the genre of the novel and offers critical new understandings of literary value, cultural capital and the moral foundations of political economy.

This edited collection, Political Economy, Literature & the Formation of Knowledge, aims to address the genealogy and formation of political economy as a knowledge project from 1720 to 1850. Through individual essays on both literary and political economic writers, this volume defines and analyses the formative moves, both epistemological and representational, which proved foundational to the emergence of political economy as a dominant discourse of modernity. The collection also explores political economy’s relation to other discourses and knowledge practices in this period; representation in and of political economy; abstraction and political economy; fictional mediations and interrogations of political economy; and political economy and its ‘others’, including political economy and affect, and political economy and the aesthetic. Essays presented in this text are at once historical and conceptual in focus, and manifest literary critical disciplinary expertise whilst being of genuinely broad and interdisciplinary interest. Amongst the writers whose work is addressed are: Charles Dickens, Elizabeth Gaskell, David Hume, Thomas Malthus, Jane Marcet, J. S. Mill, David Ricardo, and Adam Smith. The introduction, by the editors, sets up the conceptual, theoretical and analytical framework explored by each of the essays. The final essay and response bring the concerns of the volume up to date by engaging with current economic and financial realities, by, respectively, showing how an informed and critical history of political economy could transform current economic practices, and by exploring the abundance of recent conceptual art addressing representation and the unpresentable in economic practice.

This book contends that mainstream considerations of the economic and social force of culture, including theories of the creative class and of cognitive and immaterial labor, are indebted to historic conceptions of the art of literary authorship. It shows how contemporary literature has been involved in and has responded to creative-economy phenomena, including the presentation of artists as models of contentedly flexible and self-managed work, the treatment of training in and exposure to art as a pathway to social inclusion, the use of culture and cultural institutions to increase property values, and support for cultural diversity as a means of growing cultural markets. Contemporary writers have tended to explore how their own critical capacities have become compatible with or even essential to a neoliberal economy that has embraced art's autonomous gestures as proof that authentic self-articulation and social engagement can and should occur within capitalism. Taking a sociological approach to literary criticism, Sarah Brouillette interprets major works of contemporary fiction by Monica Ali, Aravind Adiga, Daljit Nagra, and Ian McEwan alongside government policy, social science, and theoretical explorations of creative work and immaterial labor.

Grounded in the literary history of early modern England, this study explores the intersection of cultural attitudes and material practices that inform the acquisition, circulation, and consumption of resources at the turn of the seventeenth century. Considering a rich array of texts — including drama, poetry, and prose, among other genres — this book considers what it means to have enough in the moral economies of eating, travel, trade, land use, and public policy.

At the start of the 18th century, literary "characters" referred as much to letters and typefaces as it did to persons in books. However, this text shows how, by the 19th century, readers used transactions with characters to accommodate themselves to newly-commercialized social relations.