In Old Regime France credit was both a central part of economic
exchange and a crucial concept for explaining dynamics of influence
and power in all spheres of life. Contemporaries used the term
"credit" to describe reputation and the currency it provided in
court politics, literary production, religion, and commerce. Moving
beyond Pierre Bourdieu's theorization of capital, this book
establishes credit as a key matrix through which French men and
women perceived their world. As Clare Haru Crowston demonstrates,
credit unveils the personal character of market transactions, the
unequal yet reciprocal ties binding society, and the hidden
mechanisms of political power.
Credit economies constituted "economies of regard" in which
reputation depended on embodied performances of credibility.
Crowston explores the role of fashionable appearances and sexual
desire in leveraging credit and reconstructs women's vigorous
participation in its gray markets. The scandalous relationship
between Queen Marie Antoinette and fashion merchant Rose Bertin
epitomizes the vertical loyalties and deep social divides of the
credit regime and its increasingly urgent political stakes.
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