The Making of a Market: Credit, Henequen, and Notaries in Yucatán, 1850–1900
()
About this ebook
During the nineteenth century, Yucatán moved effectively from its colonial past into modernity, transforming from a cattle-ranching and subsistence-farming economy to a booming export-oriented agricultural economy. Yucatán and its economy grew in response to increasing demand from the United States for henequen, the local cordage fiber. This henequen boom has often been seen as another regional and historical example of overdependence on foreign markets and extortionary local elites. In The Making of a Market, Juliette Levy argues instead that local social and economic dynamics are the root of the region’s development. She shows how credit markets contributed to the boom before banks (and bank crises) existed and how people borrowed before the creation of institutions designed specifically to lend. As the intermediaries in this lending process, notaries became unwitting catalysts of Yucatán’s capitalist transformation. By focusing attention on the notaries’ role in structuring the mortgage market rather than on formal institutions such as banks, this study challenges the easy compartmentalization of local and global relationships and of economic and social relationships.
Juliette Levy
Juliette Levy is Associate Professor of History at the University of California, Riverside.
Related to The Making of a Market
Related ebooks
Bolivar El Prometeo Criollo Rating: 0 out of 5 stars0 ratingsMexico's Supreme Court: Between Liberal Individual and Revolutionary Social Rights, 1867-1934 Rating: 0 out of 5 stars0 ratingsThe War Has Brought Peace to Mexico: World War II and the Consolidation of the Post-Revolutionary State Rating: 0 out of 5 stars0 ratingsA Mexican State of Mind: New York City and the New Borderlands of Culture Rating: 0 out of 5 stars0 ratingsThe Logic of Compromise in Mexico: How the Countryside Was Key to the Emergence of Authoritarianism Rating: 0 out of 5 stars0 ratingsJackson Heights Chronicles: When Crossing the Border Isn't Enough Rating: 3 out of 5 stars3/5Intoxicology: A Cultural History of Drink and Drugs Rating: 0 out of 5 stars0 ratingsConflict and Carnage in Yucatán: Liberals, the Second Empire, and Maya Revolutionaries, 1855–1876 Rating: 0 out of 5 stars0 ratingsRemembering the Alamo: Memory, Modernity, & the Master Symbol Rating: 2 out of 5 stars2/5On Being Maya and Getting By: Heritage Politics and Community Development in Yucatán Rating: 0 out of 5 stars0 ratingsThe Fence: National Security, Public Safety, and Illegal Immigration along the U.S.–Mexico Border Rating: 0 out of 5 stars0 ratingsReports on the Maya Indians of Yucatan vol. IX No. 3 Rating: 5 out of 5 stars5/5La Familia: Chicano Families in the Urban Southwest, 1848 to the Present Rating: 0 out of 5 stars0 ratingsThe Roots of Conservatism in Mexico: Catholicism, Society, and Politics in the Mixteca Baja, 1750-1962 Rating: 0 out of 5 stars0 ratingsSan Antonio 1718: Art from Mexico Rating: 0 out of 5 stars0 ratingsChasing Villa: The Story Behind the Story of Pershing's Expedition into Mexico Rating: 0 out of 5 stars0 ratingsKentucky Moonshine Rating: 0 out of 5 stars0 ratingsSweet Land of Liberty: The Ordeal of the American Revolution in Northampton County, Pennsylvania Rating: 0 out of 5 stars0 ratingsArgentina's Radical Party and Popular Mobilization, 1916–1930 Rating: 0 out of 5 stars0 ratingsPlastic Money: Constructing Markets for Credit Cards in Eight Postcommunist Countries Rating: 0 out of 5 stars0 ratingsThe Illusion of Ignorance: Constructing the American Encounter with Mexico, 1877-1920 Rating: 0 out of 5 stars0 ratingsLand and the Mortgage: History, Culture, Belonging Rating: 0 out of 5 stars0 ratingsThe Undevelopment of Capitalism: Sectors and Markets in Fifteenth-Century Tuscany Rating: 0 out of 5 stars0 ratingsLimiting Resources: Market-Led Reform and the Transformation of Public Goods Rating: 0 out of 5 stars0 ratingsMissionary Capitalist: Nelson Rockefeller in Venezuela Rating: 3 out of 5 stars3/5The Orphaned Land: New Mexico's Environment Since the Manhattan Project Rating: 0 out of 5 stars0 ratingsVenice in Environmental Peril?: Myth and Reality Rating: 0 out of 5 stars0 ratingsUnsettled Waters: Rights, Law, and Identity in the American West Rating: 0 out of 5 stars0 ratings
Social Science For You
Becoming Cliterate: Why Orgasm Equality Matters--And How to Get It Rating: 4 out of 5 stars4/5The Art of Witty Banter: Be Clever, Quick, & Magnetic Rating: 4 out of 5 stars4/5Fervent: A Woman's Battle Plan to Serious, Specific, and Strategic Prayer Rating: 5 out of 5 stars5/5My Secret Garden: Women's Sexual Fantasies Rating: 4 out of 5 stars4/5All About Love: New Visions Rating: 4 out of 5 stars4/5King, Warrior, Magician, Lover: Rediscovering the Archetypes of the Mature Masculine Rating: 4 out of 5 stars4/5The Human Condition Rating: 4 out of 5 stars4/5A People's History of the United States Rating: 4 out of 5 stars4/5The Like Switch: An Ex-FBI Agent's Guide to Influencing, Attracting, and Winning People Over Rating: 4 out of 5 stars4/5100 Amazing Facts About the Negro with Complete Proof Rating: 4 out of 5 stars4/5Verbal Judo, Second Edition: The Gentle Art of Persuasion Rating: 4 out of 5 stars4/5You're Not Listening: What You're Missing and Why It Matters Rating: 4 out of 5 stars4/5Women Don't Owe You Pretty Rating: 4 out of 5 stars4/5Come As You Are: Revised and Updated: The Surprising New Science That Will Transform Your Sex Life Rating: 4 out of 5 stars4/5Prisoners of Geography: Ten Maps That Explain Everything About the World Rating: 4 out of 5 stars4/5Dreamland: The True Tale of America's Opiate Epidemic Rating: 4 out of 5 stars4/5Ghosts of the Tsunami: Death and Life in Japan's Disaster Zone Rating: 4 out of 5 stars4/5Homicide: A Year on the Killing Streets Rating: 4 out of 5 stars4/5The Sun Does Shine: How I Found Life and Freedom on Death Row (Oprah's Book Club Selection) Rating: 4 out of 5 stars4/5Freedom Is a Constant Struggle: Ferguson, Palestine, and the Foundations of a Movement Rating: 4 out of 5 stars4/5The Denial of Death Rating: 4 out of 5 stars4/5The Song of the Cell: An Exploration of Medicine and the New Human Rating: 4 out of 5 stars4/5
Reviews for The Making of a Market
0 ratings0 reviews