Professor John Hall
Journal of Economic Literature Classification Codes
B00, B52, R31
Corporate Hegemony, Evolutionary-Institutionalism, Landlords, Physiocrats, Thorstein Veblen
This inquiry seeks to establish that the meaning of the term ‘the landlord’ has evolved over the course of history. In this sense, this inquiry contributes not only to the disciplines of History and Politics, but also to the field of the History of Economic Thought and the subfield of Evolutionary-Institutional Economics, carrying on the tradition established by Thorstein Veblen. A pervasive and dominant institution during the feudal era, the landlord has since evolved considerably, shifting away from the position of a predominantly political institution into a more economically oriented, capitalist institution. As a figure and agent operating within societies, the landlord continues to evolve. In contemporary times this means from a small capitalist into a corporate entity, in keeping with a broader trend towards corporate hegemony identifiable both in the United States particularly and within the global capitalistic system.
© Jarod Balentine
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Balentine, Jarod "The Evolution of the Landlord, Working Paper No. 44", Portland State University Economics Working Papers. 44. (15 June 2020) i + 13 pages.