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Speculative Enterprise - Public Theaters and Financial Markets in London, 1688-1763 (Hardcover)
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Speculative Enterprise - Public Theaters and Financial Markets in London, 1688-1763 (Hardcover)
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In the wake of the 1688 revolution, England's transition to
financial capitalism accelerated dramatically. Londoners witnessed
the rise of credit-based currencies, securities markets,
speculative bubbles, insurance schemes, and lotteries. Many
understood these phenomena in terms shaped by their experience with
another risky venture at the heart of London life: the public
theater. Speculative Enterprise traces the links these observers
drew between the operations of Drury Lane and Exchange Alley,
including their hypercommercialism, dependence on collective
opinion, and accessibility to people of different classes and
genders.Mattie Burkert identifies a discursive ""theater-finance
nexus"" at work in plays by Colley Cibber, Richard Steele, and
Susanna Centlivre as well as in the vibrant eighteenth-century
media landscape. As Burkert demonstrates, the stock market and the
entertainment industry were recognized as deeply interconnected
institutions that, when considered together, illuminated the nature
of the public more broadly and gave rise to new modes of publicity
and resistance. In telling this story, Speculative Enterprise
combines methods from literary studies, theater and performance
history, media theory, and work on print and material culture to
provide a fresh understanding of the centrality of theater to
public life in eighteenth-century London.
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