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  3. The Lion's Share
  • Cited by 66
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    • Publisher:
      Cambridge University Press
      Publication date:
      February 2019
      February 2019
      ISBN:
      9781108568043
      9781108476218
      DOI:
      https://doi.org/10.1017/9781108568043
      Dimensions:
      (228 x 152 mm)
      Weight & Pages:
      0.5kg, 244 Pages
      Dimensions:
      Weight & Pages:
      • Subjects:
      Area Studies, European History after 1450, History, Regional History after 1500, European Studies, Economic History
      Series:
      Cambridge Studies in Economic History - Second Series
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    Subjects:
    Area Studies, European History after 1450, History, Regional History after 1500, European Studies, Economic History
    Series:
    Cambridge Studies in Economic History - Second Series
    Information

    Book description

    This is the most in-depth analysis of inequality and social polarization ever attempted for a preindustrial society. Using data from the archives of the Venetian Terraferma, and compared with information available for elsewhere in Europe, Guido Alfani and Matteo Di Tullio demonstrate that the rise of the fiscal-military state served to increase economic inequality in the early modern period. Preindustrial fiscal systems tended to be regressive in nature, and increased post-tax inequality compared to pre-tax - in contrast to what we would assume is the case in contemporary societies. This led to greater and greater disparities in wealth, which were made worse still as taxes were collected almost entirely to fund war and defence rather than social welfare. Though focused on Old Regime Europe, Alfani and Di Tullio's findings speak to contemporary debates about the roots of inequality and social stratification.

    Reviews

    ‘Guido Alfani and Matteo Di Tullio take two giant strides forward in the early history of inequality. First they expand our view of Europe's wealth inequalities over several centuries and across regions. Then they show how the state itself may have been a significant source of the rise in inequality, with its growing fiscal pressure on the poor.'

    Peter H. Lindert - co-author of Unequal Gains: American Growth and Inequality since 1700

    ‘This is a monumental, first-ever study of income and wealth inequality, and impact of taxation and public expenditures in the Republic of Venice. Alfani and Di Tullio apply to the archival sources of Venice all the modern tools of inequality analysis. But the study does not aim only to shed light on the past, it uses the story of Venice to engage in a lively conversation with the present.'

    Branko Milanovic - author of Global Inequality: A New Approach for the Age of Globalization

    ‘Economic inequality has a long history, which this book excavates in light of fresh data. It paints a grim picture of the lasting effects of regressive fiscal policies and opens up new research agendas. One of the most substantial contributions to the recent economic history of pre-industrial Europe.'

    Francesca Trivellato - author of The Familiarity of Strangers: The Sephardic Diaspora, Livorno, and Cross-Cultural Trade in the Early Modern Period

    ‘Based on extensive quantitative and qualitative research from archival documents, this book presents new data and new conclusions on an important and timely topic - the steady growth of inequality in societies across early modern Europe from the Black Death to the end of the eighteenth century.'

    Samuel Cohn, Jr - author of Epidemics: Hate and Compassion from the Plague of Athens to AIDS

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