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Republic of Debtors Bruce H. Mann

Republic of Debtors By Bruce H. Mann

Republic of Debtors by Bruce H. Mann


$24.99
Condition - Very Good
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Summary

Debt was an inescapable fact of life in early America. By 1800, imprisonment for debt was under attack and insolvency was no longer seen as a moral failure, merely an economic setback. In this text, the author illuminates this transformation in early American society.

Republic of Debtors Summary

Republic of Debtors: Bankruptcy in the Age of American Independence by Bruce H. Mann

Debt was an inescapable fact of life in early America. At the beginning of the 18th century, its sinfulness was preached by ministers and the right to imprison debtors was unquestioned. By 1800, imprisonment for debt was under attack and insolvency was no longer seen as a moral failure, merely an economic setback. In "Republic of Debtors", Bruce H. Mann illuminates this crucial transformation in early American society. From the wealthy merchant to the backwoods farmer, Mann tells the personal stories of men and women struggling to repay their debts and stay ahead of their creditors. He opens a window onto a society undergoing such fundamental changes as the growth of a commercial economy, the emergence of a consumer marketplace, and a revolution for indepencence. In addressing debt Americans debated complicated questions of commerce and agriculture, nationalism and federalism, dependence and independence, slavery and freedom. And when numerous prominent men - including the richest man in America and a justice of the Supreme Court - found themselves imprisoned for debt or forced to become fugitives from creditors, their fate altered the political dimensions of debtor relief, leading to the highly controversial Bankruptcy Act of 1800. Whether a society forgives its debtors is not just a question of law or economics; it goes to the heart of what a society values. In chronicling attitudes toward debt and bankruptcy in early America, Mann explores the very character of American society.

Republic of Debtors Reviews

Back [in colonial days] debtors were treated worse than thieves. In prison they had to foot the bill for their own food and heat, or else go without. In 1798, when yellow fever swept Philadelphia, all prisoners from city jails were evacuated to safety--all, that is, but the deadbeats. Bruce Mann, a law and history professor at the University of Pennsylvania, says such harsh treatment reflected a culture in which failure to repay debt was regarded as a moral failing rather than a business one. How Americans' attitude toward debt changed is the subject of Mann's masterful (but largely overlooked) 2002 history, "Republic of Debtors".--Bernard Condon"Forbes" (01/12/2004)

Additional information

GOR013977662
9780674009028
0674009029
Republic of Debtors: Bankruptcy in the Age of American Independence by Bruce H. Mann
Used - Very Good
Hardback
Harvard University Press
2003-01-03
320
Joint winner of James Willard Hurst Prize of the Law and Society Association 2004
Book picture is for illustrative purposes only, actual binding, cover or edition may vary.
This is a used book - there is no escaping the fact it has been read by someone else and it will show signs of wear and previous use. Overall we expect it to be in very good condition, but if you are not entirely satisfied please get in touch with us

Customer Reviews - Republic of Debtors