Skip to main content Accessibility help
×
Hostname: page-component-586b7cd67f-tf8b9 Total loading time: 0 Render date: 2024-11-26T12:47:52.347Z Has data issue: false hasContentIssue false

5 - Spread oflegal innovations defining private and public domains

Published online by Cambridge University Press:  05 March 2014

Larry Neal
Affiliation:
University of Illinois, Urbana-Champaign
Jeffrey G. Williamson
Affiliation:
Harvard University, Massachusetts
Get access

Summary

This chapter first examines the literature on law and the rise and spread of capitalism, and shows that much of it pays substantial attention to the unique features of each of the two European traditions, and to the different role played by each in enhancing capitalism. Max Weber was among the first to attribute a significant role to the law in the rise of capitalism. Next, the chapter surveys the development of the law in the core capitalist countries, in four fields of law that are postulated by economic theory as crucial for economic growth: the concept of freedom of contract, the establishment of land registries, patent law, and the formation of business corporations. Before the rise of capitalism, Western European states encouraged technological innovations in two ways, monetary payments and grants of monopoly. Finally, the chapter traces the spread of European capitalist law in these four fields to the rest of the world.
Type
Chapter
Information
Publisher: Cambridge University Press
Print publication year: 2014

Access options

Get access to the full version of this content by using one of the access options below. (Log in options will check for institutional or personal access. Content may require purchase if you do not have access.)

Save book to Kindle

To save this book to your Kindle, first ensure [email protected] is added to your Approved Personal Document E-mail List under your Personal Document Settings on the Manage Your Content and Devices page of your Amazon account. Then enter the ‘name’ part of your Kindle email address below. Find out more about saving to your Kindle.

Note you can select to save to either the @free.kindle.com or @kindle.com variations. ‘@free.kindle.com’ emails are free but can only be saved to your device when it is connected to wi-fi. ‘@kindle.com’ emails can be delivered even when you are not connected to wi-fi, but note that service fees apply.

Find out more about the Kindle Personal Document Service.

Available formats
×

Save book to Dropbox

To save content items to your account, please confirm that you agree to abide by our usage policies. If this is the first time you use this feature, you will be asked to authorise Cambridge Core to connect with your account. Find out more about saving content to Dropbox.

Available formats
×

Save book to Google Drive

To save content items to your account, please confirm that you agree to abide by our usage policies. If this is the first time you use this feature, you will be asked to authorise Cambridge Core to connect with your account. Find out more about saving content to Google Drive.

Available formats
×