Haciendas and Economic Development : : Guadalajara, Mexico, at Independence / / Richard B. Lindley.

Agriculture, commerce, and mining were the engines that drove New Spain, and past historians have treated these economic categories as sociological phenomena as well. For these historians, society in eighteenth-century New Spain was comprised, on the one hand, of creoles, feudalistic land barons who...

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Superior document:Title is part of eBook package: De Gruyter University of Texas Press Complete eBook-Package Pre-2000
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Place / Publishing House:Austin : : University of Texas Press, , [2021]
©1983
Year of Publication:2021
Language:English
Series:LLILAS Latin American Monograph Series
Online Access:
Physical Description:1 online resource (172 p.)
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Other title:Frontmatter --
Contents --
Tables --
Map --
Acknowledgments --
A Note on Sources and Dates --
Introduction --
1. City and Countryside --
The City --
The Countryside --
2. Credit and Kinship --
Credit --
Kinship --
3. Four Elite Family Enterprises --
The Villasenor Entail --
The Porres Baranda Entail --
The Portillo Family Enterprise --
The del Rio-Pacheco Family Enterprise --
4. Effects of Independence --
Independence in Guadalajara --
Foreign Merchants --
New Sources of Capital --
Introduction of Business Corporations --
Decline of Traditional Credit Sources --
Changes in Credit Availability --
Creation of an Open Land Market --
Survival and Adaptation of Family Enterprises --
Conclusion --
Notes --
Appendix: Genealogies of Four Family Enterprises --
Index
Summary:Agriculture, commerce, and mining were the engines that drove New Spain, and past historians have treated these economic categories as sociological phenomena as well. For these historians, society in eighteenth-century New Spain was comprised, on the one hand, of creoles, feudalistic land barons who were natives of the New World, and, on the other, of peninsulars, progressive, urban merchants born on the Iberian peninsula. In their view, creole-peninsular resentment ultimately led to the wars for independence that took place in the American hemisphere in the early nineteenth century. Richard B. Lindley’s study of Guadalajara’s wealthy citizens on the eve of independence contradicts this view, clearly demonstrating that landowners, merchants, creoles, and peninsulars, through intermarriage, formed large family enterprises with mixed agricultural, commercial, and mining interests. These family enterprises subdued potential conflicts of interest between Spaniards and Americans, making partners of potential competitors. When the wars for national independence began in 1810, Spain’s ability to protect its colonies from outside influence was destroyed. The resultant influx of British trade goods and finance shook the structure of colonial society, as abundant British capital quickly reduced the capital shortage that had been the main reason for large-scale, diversified family businesses. Elite family enterprises survived, but became less traditional and more specialized institutions. This transformation from traditional, personalized community relations to modern, anonymous corporations, with all that it implied for government and productivity, constitutes the real revolution that began in 1810.
Format:Mode of access: Internet via World Wide Web.
ISBN:9781477304600
9783110745351
DOI:10.7560/720428
Access:restricted access
Hierarchical level:Monograph
Statement of Responsibility: Richard B. Lindley.