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Cosmopolitan Networks in Commerce and Society 1660–1914

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Religion <strong>and</strong> Trade<br />

a wide array of <strong>in</strong>dicators: conduct <strong>and</strong> lifestyle, dress <strong>and</strong> household<br />

objects, social status <strong>and</strong> reputation, philanthropic commitment,<br />

membership <strong>in</strong> certa<strong>in</strong> clubs <strong>and</strong> associations, family, ethnicity, religion,<br />

<strong>and</strong> so on. Such features generate trust partly because they display<br />

a shared educational <strong>and</strong> cultural background, <strong>and</strong> partly<br />

because they are based on a pre-exist<strong>in</strong>g faith <strong>in</strong> the trust of others,<br />

especially <strong>in</strong> the case of reputation <strong>and</strong> honour, memberships, <strong>and</strong><br />

religious affiliations. 15 It goes without say<strong>in</strong>g that trust is more easily<br />

achieved <strong>in</strong> local communities with constant face-to-face contact<br />

than <strong>in</strong> long-distance networks, where generat<strong>in</strong>g susta<strong>in</strong>able trust is<br />

costlier.<br />

Whatever it is that makes one member of a network trust another,<br />

it is generally compatible with the st<strong>and</strong>ards <strong>and</strong> conventions of that<br />

particular network. 16 Religious commitment might be appreciated <strong>in</strong><br />

general because it will be assumed that it is aligned with moral commitment.<br />

Membership <strong>in</strong> a religious network might per se generate<br />

trust with<strong>in</strong> a social or economic network. Dur<strong>in</strong>g the confessional<br />

age, however, affiliation with a particular confession, denom<strong>in</strong>ation,<br />

or sect might have the opposite effect. Among the lead<strong>in</strong>g <strong>in</strong>dustrial<br />

cha nismus der Reduktion sozialer Komplexität (3rd edn. Stuttgart, 1989); Hart -<br />

mut Berghoff, ‘Vertrauen als ökonomische Schlüsselvariable: Zur Theorie<br />

des Vertrauens und der Geschichte se<strong>in</strong>er privatwirtschaftlichen Produ k -<br />

tion’, <strong>in</strong> Karl-Peter Ellerbrock <strong>and</strong> Clemens Wischermann (eds.), Die Wirt -<br />

schaftsgeschichte vor der Herausforderung durch die New Institutional Economics<br />

(Dortmund, 2004), 58–71; Stefan Gorißen, ‘Der Preis des Vertrauens: Un si -<br />

cher heit, Institutionen und Rationalität im vor<strong>in</strong>dustriellen Fernh<strong>and</strong>el’, <strong>in</strong><br />

Ute Frevert (ed.), Vertrauen: Historische Annäherungen (Gött<strong>in</strong>gen, 2003), 90–<br />

118; Franz Mauelshagen, ‘Netzwerke des Vertrauens: Gelehrten kor res -<br />

pondenzen und wissenschaftlicher Austausch <strong>in</strong> der Frühen Neuzeit’, ibid.<br />

119–51.<br />

15 David Sunderl<strong>and</strong>, Social Capital, Trust, <strong>and</strong> the Industrial Revolution, 1780–<br />

1880 (London, 2007), esp. 6–12, 15–30, 68–84. Cf. also Paul McLean, The Art of<br />

the Network: Strategic Interaction <strong>and</strong> Patronage <strong>in</strong> Renaissance Florence (Dur -<br />

ham, NC, 2007); Gunilla-Friederike Budde, ‘Familienvertrauen—Selbst ver -<br />

trauen—Gesellschaftsvertrauen: Pädagogische Ideale und Praxis im 19. Jahr -<br />

hundert’, <strong>in</strong> Ute Frevert (ed.), Vertrauen: Historische Annäherungen (Göt t<strong>in</strong> -<br />

gen, 2003), 152–85.<br />

16 The use of the term ‘st<strong>and</strong>ard’ is <strong>in</strong>spired by David S<strong>in</strong>gh Grewal, Network<br />

Power: The Social Dynamics of Globalization (New Haven, 2008), esp. 20–43,<br />

58–62, 172–9.<br />

225

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