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Financed Narratives: Liquidity in Defoe's Fictions

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This essay seeks to chart the convergence of fiction and finance in Defoe's novels, particularly the manner in which the impersonal force of “liquidity” or liquid wealth compels, inspires, and resolves the plot. Defoe's fictions are “financed narratives” in that their crucial hinges and wedges are bolstered by a logic of finance. Roxana and Moll Flanders, in particular, take part in the emergence of a computational approach to life and society in the seventeenth and eighteenth century. This language of figures has close affinity with the ascendency of financial capitalism in London, which Defoe's fictions adopt in the form of a logic of liquidity, of conversion of human relationship and agency into liquid wealth. Roxana the “fortunate mistress” and to a less extent Moll whose “business” it is to pocket money from others are driven by a self-authenticating pursuit of liquid wealth, often aided by institutional intermediaries of the emerging finance market, such as Sir Robert Clayton, strategically placed by the author for the benefit of his economically vigilant “Man-Woman” who are free from patriarchal ties thanks to their financial fortune. Finance in Defoe's narratives leads to a unique encounter of human life story with the inhuman logic of liquidity, whose bold, rigorous, unflinching explorations remain unique in both literary and economic histories.

Abstract

This essay seeks to chart the convergence of fiction and finance in Defoe's novels, particularly the manner in which the impersonal force of “liquidity” or liquid wealth compels, inspires, and resolves the plot. Defoe's fictions are “financed narratives” in that their crucial hinges and wedges are bolstered by a logic of finance. Roxana and Moll Flanders, in particular, take part in the emergence of a computational approach to life and society in the seventeenth and eighteenth century. This language of figures has close affinity with the ascendency of financial capitalism in London, which Defoe's fictions adopt in the form of a logic of liquidity, of conversion of human relationship and agency into liquid wealth. Roxana the “fortunate mistress” and to a less extent Moll whose “business” it is to pocket money from others are driven by a self-authenticating pursuit of liquid wealth, often aided by institutional intermediaries of the emerging finance market, such as Sir Robert Clayton, strategically placed by the author for the benefit of his economically vigilant “Man-Woman” who are free from patriarchal ties thanks to their financial fortune. Finance in Defoe's narratives leads to a unique encounter of human life story with the inhuman logic of liquidity, whose bold, rigorous, unflinching explorations remain unique in both literary and economic histories.

참고문헌 (21)

  1. Davis, Lennard J, "Factual Fictions: The Origins of the English Novel" (1983), Columbia UP
  2. Defoe, Daniel, "The Complete English Tradesman. Religious and Didactic Writings of Daniel Defoe in Vol. 7: The Complete English Tradesman, Vol. 1" (2007), Pickering & Chatto
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  5. Defoe, Daniel, "Robinson Crusoe" (2007), Oxford UP
  6. Defoe, Daniel, "John Mullan" (1996), Oxford UP
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  8. Earle,Peter, "The Making of the English Middle Class: Business, Society and Family Life in London, 1660-1730" (1989), Methuen
  9. Flynn, Carol Houlihan, "Defoe’s Idea of Conduct: Ideological Fictions and Fictional Reality in The Ideology of Conduct: Essays in Literature and the History of Sexuality", pp.73~95 (1987), Metheun
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  15. McKeon, Michael, "The Origins of the English Novel: 1600-1740" (1989), Johns Hopkins UP
  16. Owens, W. R, "Introduction Political and Economic Writings of Daniel Defoe in Vol. 8: Social Reform" (2000)
  17. Richetti, John, "The Life of Daniel Defoe" (2005), Blackwell
  18. Sheppard, Francis, "London: A History" (1998), Oxford UP
  19. Sherman, Sandra, "Finance and Fictionality in the Early Eighteenth Century: Accounting for Defoe" (1996), Cambridge UP
  20. Stow, John, "A Survey of London, Reprinted from the Text of 1603" (1908), Clarendon
  21. A Survey of the Cities of London and Westminster Containing The Original, Antiquity, Increase, Modern Estate and Government of Those Cities ... Brought Down from the Year 1633 ... to the Present Time; by John Strype, M.A. a Native also of the said City, "Strype, John", ~

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