By Dermot Coleman
Not like different Victorian novelists George Eliot infrequently integrated inventory marketplace hypothesis and fraud into her plots, yet meditations on funds, finance and economics, in relation either to person ethics and to wider social implications, infuse her novels. This quantity examines Eliot's figuring out of cash and economics, its touching on her ethical and political inspiration, and the ways that she integrated that idea into her novels. It bargains a close account of Eliot's highbrow engagements with political economic system, utilitarianism, and the hot liberalism of the 1870s, and in addition her functional dealings with funds via her administration of family and company funds and, in later years, her substantial investments in shares and stocks. In a much broader context, it provides a close learn of the ethics of economics in nineteenth-century England, tracing the customarily uncomfortable courting among morality and fiscal application skilled by way of intellectuals of the interval.
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Additional info for George Eliot and Money: Economics, Ethics and Literature
In Eliot’s hands, they establish individual and social frameworks of power and control. Eliot’s occasional and diﬃdent professions of ignorance, of both economic theory and commercial practice, therefore, seem somewhat at odds with her experience and revealed understanding. 22 Baker’s conclusion also ignores the much wider sphere with which nineteenth-century political economy connected. The couple’s extensive collection of moral philosophical, political, sociological and scientiﬁc books reveal many insights into a much broader deﬁnition of economics and provide clues as to how Eliot came to frame her considerations of the wider ethical and sociological implications of the study of material wealth.
However, the explosion of her career in the six years that followed her professed intention sternly to conserve her literary earnings had propelled her into the ranks of high earners for whom the wider moral issues raised by the Review’s article were most pertinent. In the three years prior to the publication of Adam Bede in 1859, her annual earnings averaged around £300. By 1864, advances and sales on her ﬁrst four full novels (Adam Bede, The Mill on the Floss, Silas Marner and Romola) alone had earned her around £15,000.
His perception of self, both intrinsically and socially, is rooted in his ownership of Dorlcote Mill and the continuity and social position it embodies. In insolvency, he is diminished in every sense, declaring that ‘I’m nought but a bankrupt – it’s no use standing up for anything now’ (350). The analysis of his ﬁnancial collapse provided in Appendix B concludes that Eliot knowingly reveals that Tulliver inaccurately describes his legal status. Rather, he agrees a composition arrangement out of bankruptcy with his creditors before eventually repaying them in full.