The Hypocritical Masks of the Ancien Régime

Rosa-Maria Gelpi and François Julien-Labruyère
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Rosa-Maria Gelpi: Cetelem Professor of Economics Université Libre de Lille
François Julien-Labruyère: International CEO, member of the Board of Cetelem

Chapter 5 in The History of Consumer Credit: Doctrines and Practices, 2000, pp 58-69 from Palgrave Macmillan

Abstract: Abstract In a sort of anachronistic backlash to the Reformation, seventeenth- and eighteenth-century theologians in Catholic countries made the crime of usury one of their chief studies. Simultaneously, Church condemnations started again and became even more severe. This movement was, in essence, driven by the desire to establish a Counter-Reformation. Moreover, it was assisted by persisting conservative structures in the two main Catholic countries. Their economies had remained weak because of slow agricultural progress and were unable to satisfy the needs of a growing population. These same economies were also weakened by the ravages of war.

Keywords: Seventeenth Century; Sixteenth Century; Credit Trader; Consumer Credit; Ship Owner (search for similar items in EconPapers)
Date: 2000
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-230-55451-1_5

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DOI: 10.1057/9780230554511_5

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