The rise, maturity and geographic diffusion of the cotton industry, 1760-1900

Florence Molk ()
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Florence Molk: St. Lawrence University

The Journal of Philosophical Economics, 2010, vol. 4, issue 1, 104-145

Abstract: This article examines the trajectory of the cotton industry, including calico printing, over the period 1760-1900. From its beginnings in England as a leading industry of the capitalist world-economy, it spread geographically on a major scale to finally reach the United States and Japan. Over the long term, it is argued that as it expanded and competition increased, profit rates tended to fall, although unevenly.

Keywords: cotton; calico printing; leading industry; profit rates; capitalist world-economy (search for similar items in EconPapers)
JEL-codes: P10 P48 (search for similar items in EconPapers)
Date: 2010
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Persistent link: https://EconPapers.repec.org/RePEc:bus:jphile:v:4:y:2010:i:1:p:104-145

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