Impeaching the Justice of the State: Comedy and the Credit Economy in Shakespeare’s The Merchant of Venice

This article considers The Merchant of Venice in the context of the early modern credit economy, a space in which shared trust and values mediated transactions. Shakespeare’s play depicts a version of this economy while revealing its limits. Because religious differences and mutual animosity prevent...

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Главный автор: Krumm, Bernard (Автор)
Формат: Электронный ресурс Статья
Язык:Английский
Проверить наличие: HBZ Gateway
Interlibrary Loan:Interlibrary Loan for the Fachinformationsdienste (Specialized Information Services in Germany)
Опубликовано: 2022
В: The sixteenth century journal
Год: 2022, Том: 53, Выпуск: 4, Страницы: 943-965
Индексация IxTheo:KAH Новое время
KBF Британские острова
NCE Экономическая этика
XA Право
Другие ключевые слова:B Economics
B Tragedy (Drama)
B International Trade
B Merchant of Venice, The (Play : Shakespeare)
B Venice (Italy)
B Shakespeare, William, 1564-1616
Online-ссылка: Volltext (Lizenzpflichtig)
Описание
Итог:This article considers The Merchant of Venice in the context of the early modern credit economy, a space in which shared trust and values mediated transactions. Shakespeare’s play depicts a version of this economy while revealing its limits. Because religious differences and mutual animosity prevent them from forging an informal agreement, Shylock and Antonio agree to a binding contract enforceable by law. When Antonio defaults, the state must enforce the terms of the bond to protect Venice’s status as a hub of international trade. As communal relations falter and the state fails to intervene effectively, the play seems to veer toward tragedy, but nevertheless arrives at a "happy ending" thanks to Portia’s machinations and duplicity. By imposing a comic resolution onto serious subject matter, Shakespeare dramatizes the inability of both the credit economy and the state to regulate financial activity and resolve attendant conflicts in increasingly commercial and cosmopolitan societies.
ISSN:2326-0726
Второстепенные работы:Enthalten in: The sixteenth century journal