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Winter 2017

ISSN 0890-913X

Volume 32, Number 4

Categories: Winter 2017 | Economic history

McCloskey and the Dutch: Capitalist Rhetoric and the Economic History of Holland

Michael J. Douma, Georgetown University

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TheJournalofPrivateEnterprise32(4),2017,49–57McCloskeyandtheDutch:CapitalistRhetoricandtheEconomicHistoryofHollandMichaelJ.DoumaGeorgetownUniversity______________________________________________________AbstractDeirdreMcCloskeyarguesquitepersuasivelythatrhetoricandideaswereessentialfortheriseofcapitalismintheNetherlandsintheseventeenthcentury.DutchscholarscouldbenefitfromMcCloskey’sviewsonthetopic,buttheywillbereluctanttoengageherworkbecauseitisnotbasedonprimaryresearchanddoesnotengagemostmajorcontemporaryworksintherelevanthistoriography.Contemporaryscholarship,inDutchandinEnglish,emphasizestheimportantroleofinstitutionsandgovernmentactorsinearlyDutchcapitalism.ThisarticleaimstosituateMcCloskey’sworkwithinthisliterature,withthehopeformorediscussioninthefieldsothatMcCloskey’sthesiswillreceivetheattentionitdeserves.______________________________________________________JELCodes:N14,E02,P12Keywords:Dutch,Holland,Netherlands,institutions,rhetoric,McCloskeyI.IntroductionTheseventeenth-centuryDutchplayanimportantroleinthehistoricalnarrativeofDeirdreMcCloskey’s“bourgeois”trilogy.Capitalism,shesays,camefirstinHollandandthendevelopedinEngland,France,andtheUnitedStates(McCloskey2006,p.12;McCloskey2010,2015).Shenotesthatvariablessuchasaccesstoresources,politicalfreedom,andlegalinstitutionsarefine,butthatideassuchasdignity,tolerance,andcoexistencemadecapitalismpossible.Inshort,McCloskeybelievesthattalkcamebeforetradeandethicsbeforeinstitutions,asarisingbourgeoiscultureenabledtheriseofcapitalismintheNetherlands.TodefendherviewoftheDutch,McCloskeydrawsontheworksofthefamousarthistorianSimonSchamaandtheestablishedeconomichistorianJanDeVries,whenandwherethesetwopresentedviewssquaredwithherown.Shealsocitessomemajor,standardhistoriansoftheDutch,suchasJohanHuizingaand

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Title	McCloskey and the Dutch: Capitalist Rhetoric and the Economic History of Holland
Authors/Creators:	Michael J. Douma, Georgetown University
Year:	2017
Volume:	32
Number:	4
Pages:	49 - 57
Publisher:	The Association of Private Enterprise Education
ISSN:	0890-913X
Document Type:	Articles
Keywords:	Dutch, Holland, Netherlands, institutions, rhetoric, McCloskey

Citation:
Douma, Michael J. / 2017. "McCloskey and the Dutch: Capitalist Rhetoric and the Economic History of Holland." The Journal of Private Enterprise, 32(4): 49-57.