Seventeenth-century origins of the growth paradigm

Истоки парадигмы роста в XVII веке
Gareth Dale
2017-02-24

colonial plantationgrowth paradigmrise of capitalismscientific revolutionseventeenth-century Western Europe
This chapter begins by surveying a sample of civilizations, including ancient Mesopotamia, India&s;s Mauryan Empire, Tang-dynasty China, and fourteenth-century Maghreb, in each case parsing documents and other evidence that provide insight into behavioral and ideological phenomena that, prima facie , resemble the modern growth paradigm. It charts the advent of a new conception of time: abstract, infinite, and uniform, locked to the metronome of capital investment and increasingly connected to a social concern with quantification. The chapter also examines the interconnections between three major developments that were unfolding in seventeenth-century western Europe: maritime-colonial expansion, the scientific revolution, and the rise of capitalism. It explores their relationship to early scientific economics and to the &s;Eden project&s;: the crusade to create paradise on Earth by means of &s;improvement&s; and colonial plantation. These processes put wind in the sails of the idea of Progress and, simultaneously, facilitated the discursive construction of &s;the economy&s; as an entity subject to law-governed dynamics of growth.
1
Evidence from several premodern civilizations reveals behavioral and ideological phenomena that superficially resemble the modern growth paradigm, but the chapter identifies a distinct seventeenth-century transformation.
2
Maritime-colonial expansion, the scientific revolution, and capitalism mutually reinforced early scientific economics and the construction of growth-oriented social ideas.
3
Seventeenth-century Europe developed a conception of time as abstract, infinite, and uniform, synchronized with capital investment and linked to expanding social quantification.
4
The “Eden project”—pursuing earthly paradise through improvement and colonial plantation—helped propel the idea of Progress.
5
These developments discursively constructed “the economy” as an entity governed by law-like dynamics of growth.

the seventeenth-century Western European emergence of the modern growth paradigm

the historical interconnections and ideological construction through which abstract, quantifiable economic growth became conceived as a law-governed process tied to capital investment, Progress, scientific economics, colonial expansion, and improvement

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2017-02-24
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Gareth Dale
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