Reviews"The topic is original, and the breadth and scope are very impressive. The intended historical depth and the geographical reach makes the book interesting for a very wide audience. Rodima-Taylor and Shipton have an eye for the institutional tidal wave as well as its counter-currents and imaginative variations over time and space, as they unpack the history of modernity through the mortgage." * Christian Lund, University of Copenhagen "Land and the Mortgage is an outstanding collection that offers timely comparative and historical analysis of mortgage lending from a human economy perspective. Distinguished anthropologists, historians, economists, and legal scholars focus on the sociality of debt and the embeddedness of mortgage lending in sociopolitical relations. Ranging across continents and millennia, this engaging volume will be essential reading for any study of financialization processes, land titling, credit practices, debt relations, and the cultural history and political economy of land." * Angelique Haugerud, Rutgers University
Series Volume Number9
Table Of ContentList of Illustrations Acknowledgements Foreword Keith Hart Introduction. Land, Finance, Technology: Perspectives on Mortgage Lending Daivi Rodima-Taylor PART I: SITUATING LAND MORTGAGE IN TIME AND SPACE Chapter 1. The Glittering Mortgage, the Vanishing Farm: Enticement, Entrustment, Entrapment Parker Shipton Chapter 2. A Brief Legal and Social History of Mortgage David J. Seipp Chapter 3. Land Tenure: From Fiscal Origins to Financialization Michael Hudson Part II: Mortgage as Cultural Export: Land, Family, and the State Chapter 4. Inheriting Debt: Legal Pluralism, Family Politics, and the Meaning of Wealth in Ghana Sara Berry Chapter 5. Tales of Mortgage, Risk, and Taxation in Rural Senegal Kristine Juul Chapter 6. Signs of Trouble: Land, Loans, and Investments in Post-Conflict Northern Uganda Mette Lind Kusk and Lotte Meinert Part III: Old Rules and New Twists: Reinventing and Resisting Land Financialization Chapter 7. Reinventing Land Mortgage in Post-Socialist Europe: The Romanian Case Stefan Dorondel, Daivi Rodima-Taylor and Marioara Rusu Chapter 8. Distressed Publics: Circumventing the Mortgage from South Africa to Ireland Nate Coben and Melissa K. Wrapp Chapter 9. Governing the Old City: Land Records, Digitization, and Liquidity in Lahore Tariq Rahman Part IV: Coming Full Circle: Hopes, Ideologies, and Life on the Ground Chapter 10. Mortgage Credit as an Instrument of Economic Growth in Colonial Massachusetts, 1642-1777 Winifred B. Rothenberg Chapter 11. When Land Takes Wing: The Concentration of Holdings and the Human-Animal Dimension Parker Shipton Conclusion: Envoi Parker Shipton Index
SynopsisThe mortgaging of land is not just economic and legal but also social and cultural. Here, anthropologists, historians, and economists explore origins, variations, and meanings of the land mortgage, and the risks to homes and livelihoods. Combining findings from archives, printed records, and live ethnography, the book describes the changing and problematic assumptions surrounding mortgage. It shows how mortgages affect people on the ground, where local forms of mutuality mix with larger bureaucracies. The outcomes of mortgage in Africa, Europe, Asia, and America challenge economic development orthodoxies, calling for a human-centered exploration of this age-old institution.