IDEAS home Printed from https://ideas.repec.org/h/pal/pshchp/978-3-319-62325-2_1.html
   My bibliography  Save this book chapter

The Long Stagnation

In: Imperial Theory and Colonial Pragmatism

Author

Listed:
  • David J. Gilchrist

    (University of Western Australia)

Abstract

Charles Harper (1842–1912) was a Western Australian pastoralist, newspaper proprietor and influential politician. He was a frontiersman, a businessman and a powerbroker. The central argument advanced in this volume is that Harper established co-operatives in Western Australia, prior to the Great War, as a means to overcome the economic problems faced by frontier settlements that suffered from the tyranny of distance and inadequate capital and infrastructure. Specifically, Harper believed that co-operatives would contribute to the building of the private and public physical capital needed to settle colonists on the large, variable-quality and low-yielding Western Australian landmass. He further believed that co-operatives would provide the countervailing power needed to oppose the monopolistic enterprises that commonly characterise the incomplete markets in such frontier settlements. It is argued that he was successful in establishing co-operatives for these pragmatic ends because he provided the leadership that was required to persuade potential co-operators that the benefits of working in mutual arrangements to achieve a common end outweighed the free-rider and other costs that arise from working in concert (Olsen 2000[1965]). This narrative is elaborated upon and verified by presenting a biographical account of Harper with an emphasis on what I argue is his primary legacy as a pragmatic co-operative promoter.

Suggested Citation

  • David J. Gilchrist, 2017. "The Long Stagnation," Palgrave Studies in the History of Economic Thought, in: Imperial Theory and Colonial Pragmatism, chapter 1, pages 1-21, Palgrave Macmillan.
  • Handle: RePEc:pal:pshchp:978-3-319-62325-2_1
    DOI: 10.1007/978-3-319-62325-2_1
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:pal:pshchp:978-3-319-62325-2_1. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.palgrave.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.