Title: Squaring Accounts: Commercial Bookkeeping Methods and Capitalist Rationalism in Late Qing and Republican China
Abstract:Accounting has been defined as “the art of classifying, recording, and reporting significant financial events to facilitate effective economic activity” (Davidson 1968:14). The description, terse as i...Accounting has been defined as “the art of classifying, recording, and reporting significant financial events to facilitate effective economic activity” (Davidson 1968:14). The description, terse as it is, evokes the image of accounting's role as overseer in the global formation of mercantile and industrial capitalism. According to the historical sociologists Werner Sombart and Max Weber, methodical accounting methods were basic attributes of the development of modern capitalism in the West, and in the West alone. Yet, as Gary Hamilton observes, “uniqueness is a comparative claim, as well as a presumption underlying much historical research” (1985:66–67). In other words, claims of singularity should be redocumented by sound historical comparisons, rather than continually inferred on the basis of conventional wisdom.Read More
Publication Year: 1992
Publication Date: 1992-05-01
Language: en
Type: article
Indexed In: ['crossref']
Access and Citation
Cited By Count: 72
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