By D N Ghosh
Enterprise and Polity explores, via quite a few fiscal and political formations over the last and a part millennia, correct from the Greco-Roman civilization to provide day globalization, the habit of 2 energy networks: those that keep an eye on the levers of political strength and people who interact themselves in wealth-generating actions. It strains the dynamics of interdependence among those robust networks and what occurs whilst one or the opposite turns into extra robust. The rational and logical technique taken via the writer finds the hyperlinks that our glossy situation has with the event of previous civilizations wisdom which could very likely improve our skill to make trained judgements to form the worldwide destiny. notwithstanding the content material is educational and interdisciplinary in scope and nature, its lucid presentation will attract a variety of readers who're attracted to geopolitical concerns and fiscal, political and enterprise background.
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Additional resources for Business and Polity: Dynamics of a Changing Relationship
It is the opportunity for generating more surplus that drives business forward; ‘the pursuit of profit, and forever renewed profit’, as Max Weber puts it (Weber, 1981: 17). The critical source of surplus is derived from the different kinds of activities undertaken by business, from a money sum to a larger money sum through commodities, as Marx’s M-C-M’ formula so brilliantly schematises the repetitive, expansive metamorphosis through which accumulated surplus manifests itself. M stands for money, C for commodity, and M’ for money plus an increment, equating surplus value.
From the rise of the great world empire of Sargaon of Akkad (2500–2350 bc) to the fall of the Roman Empire in the West (ad 476), the historical record is filled with a bewildering profusion of empires and their rulers. How were the ruling regimes relating to the enterprisers of resource generating economic activities to realise their political objectives? We explore these relationships in five civilisations: Greek, Roman, Indian, Chinese and Arab, roughly covering about 15 centuries, from the five centuries before Christ to the end of the first millennium.
A hard-core pragmatic attitude came to govern the policy towards traders. Most of the historical evidence in this regard comes from Athens, where foreigners were the mainstay of trade and industry; they were the source of what Marx would call ‘merchant capital’. Though politically degraded, these metics were given several institutional safeguards——their private contracts were honoured, they were immune from reprisal in the case of unpaid debts or unsettled disputes and their persons and goods were protected.