Abstract
The British state, in a historical and ideological sense, evolved out of the need to develop a political language that abstracted sovereign power so that it was not dependent on a particular type of rule. Once established as a discursive category the state was taken to be transcendental. In a practical sense the bureaucratic state developed independence from the Crown, and from Parliament, as successive rulers became dependent upon taxation and public borrowing to finance the increasing scale and scope of warfare. All of this adds up to a much different specification of the ‘evolution of the constitutional arrangements in seventeenth-century England’ both before and after the Glorious Revolution (North and Weingast, 1989, p. 803), and points to a different genesis of ‘credible commitment’.
This is a preview of subscription content, log in via an institution.
Buying options
Tax calculation will be finalised at checkout
Purchases are for personal use only
Learn about institutional subscriptionsPreview
Unable to display preview. Download preview PDF.
Author information
Authors and Affiliations
Copyright information
© 2013 D’Maris Coffman
About this chapter
Cite this chapter
Coffman, D. (2013). Looking Forward. In: Excise Taxation and the Origins of Public Debt. Palgrave Studies in the History of Finance. Palgrave Macmillan, London. https://doi.org/10.1057/9781137371553_9
Download citation
DOI: https://doi.org/10.1057/9781137371553_9
Publisher Name: Palgrave Macmillan, London
Print ISBN: 978-1-349-47564-3
Online ISBN: 978-1-137-37155-3
eBook Packages: Palgrave Economics & Finance CollectionEconomics and Finance (R0)