Laura Kolb
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In Shakespeare’s England, credit was synonymous with reputation, and reputation developed in the interplay of language, conduct, and social interpretation. As a consequence, artful language and social hermeneutics became practical, profitable skills. Since most people both used credit and extended it, the dual strategies of implication and inference of producing and reading evidence were everywhere. Like poetry or drama, credit was constructed, fashioned out of the interplay of artifice and interpretation. The rhetorical dimension of economic relations produced social fictions on a range of scales, from transitory performances facilitating local transactions, to the long-term project of maintaining creditworthiness, and to the generalized social indeterminacy that arose from the interplay of performance and interpretation.
Fictions of Credit examines how Shakespeare and his contemporaries represented credit-driven artifice and interpretation on the early modern stage. It also analyzes a range of practical texts—including commercial arithmetic, letter-writing manuals, legal formularies, and tables of interest—which offered strategies for generating credit and managing debt. Looking at plays and practical texts together, Fictions of Credit argues that both types of writing constitute “equipment for living”: practical texts that offer concrete strategies for navigating England’s culture of credit and plays by exploring the limits of credit's dangers and possibilities. In their representations of a world re-written by debt relations, dramatic texts in particular articulate a phenomenology of economic life, showing readers what it feels like to live in credit culture—to live, that is, inside a fiction.
