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Other titles in the Monographs in International Studies series:
The Bewitchment of Silver: The Social Economy of Mining in Nineteenth-Century Peru (Monographs in International Studies)by Jose R. Deustua
Synopses & Reviews
Mining was crucial for the development of nineteenth-century Peru. Silver mining in particular was a key to both the export sector and the creation of an internal market and national development. The Bewitchment of Silver is an inquiry into the impact of that mineral on a national economy in a country at the periphery of nineteenth-century capitalism.
José Deustua argues that developing countries must be understood in terms of achieving domestic development as well as in their role in generating foreign exchange and in linking themselves to the world economy. Focusing on various sectors of Peru’s mining production, the mines, owners and mine workers, the transportation networks and the use of muleteers, this study is also concerned with market-building and domestic development in nineteenth-century Latin America.
Book News Annotation:
Deustua, a Peruvian-born sociologist and historian currently at the University of Illinois-Chicago, offers a quantitative and empirical study examining the impact of silver mining on the economy of Peru, a country on the margins of 19th century capitalism. In opposition to the modern neoclassic economic approach, he reconstructs the mining economy of the period, based on historical documents, to show the power relations between different social groups in the society of the period.
Annotation c. Book News, Inc., Portland, OR (booknews.com)
About the Author
José R. Deustua, Peruvian-born sociologist and historian, is the author of La Minería y la Iniciación de la República, 1820–1840.
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