Building the Empire State – Political Economy in the Early Republic Murphy

Building the Empire State – Political Economy in the Early Republic Murphy

University of Pennsylvania Press

Building the Empire StatePolitical Economy in the Early Republic\nAuthor(s): Brian Phillips Murphy\nFormat: Hardback\nPublisher: University of Pennsylvania Press, United States\nImprint: University of Pennsylvania Press\nISBN-13: 9780812247169, 978-0812247169\nSynopsis\nBuilding the Empire State examines the origins of American capitalism by tracing how and why business corporations were first introduced into the economy of the early republic. Brian Phillips Murphy follows the collaborations between political leaders and a group of unelected political entrepreneurs, including Robert R. Livingston and Alexander Hamilton, who persuaded legislative powers to grant monopolies corporate status in order to finance and manage civic institutions. Murphy shows how American capitalism grew out of the convergence of political and economic interests, wherein political culture was shaped by business strategies and institutions as much as the reverse.\n Focusing on the state of New York, a onetime.

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