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OverviewTraditional historiography describes the repartimiento de mercanc'as as a forced system of production and consumption in which officials of the Spanish crown compelled Mexican Indians to produce goods marketable in the Spanish economy and to purchase expensive and undesired Spanish products. The author challenges this conventional portrayal of Indian-Spanish economic relations by arguing that Indian market behavior was economically rational and voluntary. He further argues that the repartimiento was an institution designed to overcome market imperfections inherent in Mexico s colonial economy and to facilitate the extension of credit in a cross-cultural environment. Examining repartimiento production of cochineal, a dyestuff produced exclusively by Oaxacan Indians and representing Mexico s most valued export after silver, this study shows that Indians produced cochineal for the market voluntarily because it provided them with needed income. The primary role of the repartimiento was to provide Mexico s indigenous peasantry with credit, without which they could not have participated in the market as extensively as they did. Owing to the difficulty of collecting debts, credit provision was monopolized by agents of the Crown, the alcaldes mayores, who alone possessed the legal leverage needed to enforce the payment of debts. Though Spanish officials profited from the repartimiento, their economic gains were not so great as traditionally believed. Full Product DetailsAuthor: Jeremy BaskesPublisher: Stanford University Press Imprint: Stanford University Press Edition: New edition Dimensions: Width: 15.20cm , Height: 2.40cm , Length: 22.90cm Weight: 0.567kg ISBN: 9780804735124ISBN 10: 0804735123 Pages: 277 Publication Date: 01 December 2000 Audience: College/higher education , Professional and scholarly , Undergraduate , Postgraduate, Research & Scholarly Format: Hardback Publisher's Status: Active Availability: Out of stock ![]() The supplier is temporarily out of stock of this item. It will be ordered for you on backorder and shipped when it becomes available. Table of ContentsList of tables List of illustrations Acknowledgements Note on abbreviations and conventions 1. Introduction 2. The 'Repartimiento' and the production of cochineal 3. The 'Repartimiento' and crown politics 4. Coerced or voluntary? Market participation of Indians 5. Informal credit institutions and cross-cultural trade 6. A risky business: credit and default in the dye trade 7. Indians and markets 8. Oaxaca to London: a balance sheet 9. Epilogue Appendixes Notes Bibliography Index.ReviewsEconomic historian Jeremy Baskes has gone a considerable distance in convincingly rehabilitating one of the most vilified instruments of colonial domination in Spanish America, the notorious repartimiento de mercancias, . . . [An] excellent work in economic history. . . . The closely reasoned revisionism of Baskes' study is very welcome. -- Journal of Social History """Indians, Merchants, and Markets is an important, well-researched addition to the small but growing literature on the repartimiento."" - The Americas ""His keen analysis of the Oaxacan case requires any future scholar of this subject to take his work into account."" - American Historical Review ""Economic historian Jeremy Baskes has gone a considerable distance in convincingly rehabilitating one of the most vilified instruments of colonial domination in Spanish America, the notorious repartimiento de mercancias... [An] excellent work in economic history... The closely reasoned revisionism of Baskes' study is very welcome."" - Journal of Social History ""Baskes' study manages to provide the most detailed account yet of the economics of small-scale rural credit in late colonial Mexico, as well as a lucid quantitative reconstruction of the costs and complications of the commodity export business during that period... His compelling arguments certainly do away with the old certainties and invite further research on Indians and markets in colonial Latin America."" - The Journal of Interdisciplinary History ""In this engaging monograph, Baskes reconstructs a tantalizing glimpse of the agricultural aspects of cochineal production ...[Indians, Merchants, and Markets] is a fascinating treatment of an undeservedly under-examined area of colonial Latin American history."" - Canadian Journal of History" In this engaging monograph, Baskes reconstructs a tantalizing glimpse of the agricultural aspects of cochineal production . . . .[ Indians, Merchants, and Markets ] is a fascinating treatment of an undeservedly under-examined area of colonial Latin American history. -- Canadian Journal of History Baskes' study manages to provide the most detailed account yet of the economics of small-scale rural credit in late colonial Mexico, as well as a lucid quantitative reconstruction of the costs and complications of the commodity export business during that period... His compelling arguments certainly do away with the old certainties and invite further research on Indians and markets in colonial Latin America. -- The Journal of Interdisciplinary History Economic historian Jeremy Baskes has gone a considerable distance in convincingly rehabilitating one of the most vilified instruments of colonial domination in Spanish America, the notorious repartimiento de mercancias... [An] excellent work in economic history... The closely reasoned revisionism of Baskes' study is very welcome. -- Journal of Social History Indians, Merchants, and Markets is an important, well-researched addition to the small but growing literature on the repartimiento. -- The Americas His keen analysis of the Oaxacan case requires any future scholar of this subject to take his work into account. -- American Historical Review In this engaging monograph, Baskes reconstructs a tantalizing glimpse of the agricultural aspects of cochineal production ...[Indians, Merchants, and Markets] is a fascinating treatment of an undeservedly under-examined area of colonial Latin American history. -- Canadian Journal of History Author InformationJeremy Baskes is Associate Professor of History at Ohio Wesleyan University. Tab Content 6Author Website:Countries AvailableAll regions |