Interest, Trade and ‘Character and Circumstances': John Campbell's (1708–1775) Earlier Work

Abstract

SUMMARYJohn Campbell's (1708-1775) commercial theory in his early work demonstrates that he held more sophisticated views on British colonialism than previously thought. Campbell draws upon complex influences, which include Charles Davenant's notion of free trade and his ‘Old Whig’ arguments against corruption; Daniel Defoe's ‘new Whig’ arguments for progress and John Locke's arguments on industry and property; and Bolingbroke's Tory arguments for emphasizing common interest. By blending these ideas, Campbell offers a distinctive commercial theory that prioritizes the recognition of the interest and circumstances of all nations and peoples within an unconstrained and reciprocal exchange of commodities in order for the home nation simultaneously to resist corruption and flourish.