In The Red And In The Black: Debt, Dishonor, And The Law In France Between Revolutions,Used

In The Red And In The Black: Debt, Dishonor, And The Law In France Between Revolutions,Used

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The most dishonorable act that can dishonor a man.' Such is Flix Grandets unsparing view of bankruptcy, adding that even a highway robberwho at least 'risks his own life in attacking you'is worthier of respect. Indeed, the France of Balzacs day was an unforgiving place for borrowers. Each year, thousands of debtors found themselves arrested for commercial debts. Those who wished to escape debt imprisonment through bankruptcy sacrificed their honorlosing, among other rights and privileges, the ability to vote, to serve on a jury, or even to enter the stock market.Arguing that French Revolutionary and Napoleonic legislation created a conception of commercial identity that tied together the debtors social, moral, and physical person, In the Red and in the Black examines the history of debt imprisonment and bankruptcy as a means of understanding the changing logic of commercial debt. Following the practical application of these laws throughout the early nineteenth century, Erika Vause traces how financial failure and fraud became legally disentangled. The idea of personhood established in the Revolutions aftermath unraveled over the course of the century owing to a growing penal ideology that stressed the states virtual monopoly over incarceration and to investors desire to insure their financial risks. This meticulously researched study offers a novel conceptualization of how central 'the economic' was to new understandings of self, state, and the market. Telling a story deeply resonant in our own age of ambivalence about the innocence of failures by financial institutions and largescale speculators, Vause reveals how legal personalization and depersonalization of debt was essential for unleashing the latent forces of capitalism itself.

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Frequently Asked Questions

  • Q: What is the main topic of 'In the Red and in the Black'? A: The book explores the history of debt imprisonment and bankruptcy in France between revolutions, focusing on how these concepts shaped commercial identity and social status.
  • Q: Who is the author of 'In the Red and in the Black'? A: The author of the book is Erika Vause.
  • Q: When was 'In the Red and in the Black' published? A: The book was published on November 9, 2018.
  • Q: What is the binding type of the book? A: The book is available in hardcover binding.
  • Q: How many pages does 'In the Red and in the Black' have? A: The book contains 336 pages.
  • Q: What is the significance of bankruptcy in the context of this book? A: The book argues that bankruptcy in 19th century France was viewed as a dishonorable act, impacting a debtor's social identity and legal rights.
  • Q: Does 'In the Red and in the Black' include illustrations? A: Yes, the book is an illustrated edition.
  • Q: What historical context does the book cover? A: The book covers the historical context of debt and bankruptcy laws in France during the early 19th century, particularly after the French Revolution.
  • Q: What themes are explored in 'In the Red and in the Black'? A: Themes include the interplay between legal frameworks, social identity, economic behavior, and the morality of debt.
  • Q: Is 'In the Red and in the Black' suitable for readers interested in economic history? A: Yes, the book is ideal for readers interested in economic history, legal studies, and the social implications of debt.