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The rise, maturity and geographic diffusion of the cotton industry, 1760-1900

Author

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  • Florence Molk

    (St. Lawrence University)

Abstract

This article examines the trajectory of the cotton industry, including calico printing, over the period 1760-1900. From its beginnings in England as a leading industry of the capitalist world-economy, it spread geographically on a major scale to finally reach the United States and Japan. Over the long term, it is argued that as it expanded and competition increased, profit rates tended to fall, although unevenly.

Suggested Citation

  • Florence Molk, 2010. "The rise, maturity and geographic diffusion of the cotton industry, 1760-1900," The Journal of Philosophical Economics, Bucharest Academy of Economic Studies, The Journal of Philosophical Economics, vol. 4(1), pages 104-145, November.
    • Handle: RePEc:bus:jphile:v:4:y:2010:i:1:p:104-145
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    More about this item

    Keywords

    cotton; calico printing; leading industry; profit rates; capitalist world-economy;
    All these keywords.

    JEL classification:

    • P10 - Political Economy and Comparative Economic Systems - - Capitalist Economies - - - General
    • P48 - Political Economy and Comparative Economic Systems - - Other Economic Systems - - - Legal Institutions; Property Rights; Natural Resources; Energy; Environment; Regional Studies

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