Journal of World History

Abstract:

Using a micro-historical method, this article reconceptualizes the family firm as a trans-local extended household. The family firm plays a central role in the historiography of long-distance trade in the Indian Ocean. Yet it remains a largely under-theorized concept. The conceptual shift that this article proposes enables the significant analytical incorporation of a broader cast of historical actors, including marital and "networked" kin. From this expanded viewpoint, the family firm emerges as a node in overlapping networks of capital—financial, social, and symbolic—and as a site of intersecting intimate and economic transactions. The article also explores the historical transformations—economic, legal, and social—that reverberated across the western Indian Ocean in the late nineteenth century. Eschewing a static institutional model, it argues that any analysis of the family firm must attend to the dynamic and complex shifts in household relationships that were wrought by such transformations.