Virtue, Commerce, and the Enduring Florentine Republican Moment: Reintegrating Italy into the Atlantic Republican Debate

Republicanism has dominated the historiographies of English and American political thought for the past two decades. ¹ Its success derives principally from J. G. A. Pocock's The Machiavellian Moment, which presents a sweeping vision of an ancient Aristotelian republican language that persisted for centuries in the mental landscape of the western world. Resurrected in Renaissance Florence, the language of republicanism continued to resonate powerfully in Stuart and Hanoverian Britain and colonial America. Pocock and those sympathetic to his work attributed the power and significance of republicanism to its internal discursive coherence over time; because of its deep roots in the European classical and Renaissance past, republicanism--not liberalism--provided the intellectual weapon with which the English and the Americans rebelled against the Stuart and Hanoverian monarchies. Pocock's provocative repudiation of the significance of John Locke and liberalism, as well as his suggestion that the revolutions of 1641, 1688, and 1776 were animated not by a utopian, forward-looking political ideology but by a backward-looking desire to restore a classical political order, generated a still-ongoing academic debate. ²

This debate has not appreciated a crucial point: Pocock misunderstood Florentine political thought and mischaracterized its central tenets. ³ Unnecessary confusion has been generated by the lack of communication between specialists in Renaissance political thought and historians of English and early American political thought, as well as by the total dependence of English and American historians on Pocock for their understanding of "civic humanism." ⁴ Most historians of England and America skeptical of Pocock's argument have shown that republican language, where it did occur in England and America, differed in substantial and significant ways from the Florentine variety. ⁵ What they have actually shown, I hope to make clear, is that manifestations of republicanism in England and America differed only from Pocock's misunderstanding of the Florentine variety; Florentine republican language echoes strongly in the English and American republicanism that recent scholarship emphasizes.

In this essay I seek to reintegrate Italy into the republican debate and, by doing so, to revitalize the argument that structural linguistic similarities pervaded the republicanism of Florence, England, and America. ⁶ I concentrate on the most important and contested point in English and American revisionism, the dialectical engine of TheMachiavellian Moment: the alleged incompatibility between virtue and commerce in "classical" republican theory. Pocock asserted that Florentine republicans mistrusted commerce and private wealth as corrupting forces in public life and he employed this perceived virtue-commerce antipathy as the link between his republican moments.The most leveling critiques of Pocock's republican tradition have rejected it on this point. Recent research on the relationship between commerce and virtue in the English and American republican contexts has reached a quite different conclusion: that republican theory was frequently elaborated in harmonious conjunction with a new ideology of commercial society.

Pocock, however, misunderstood civic humanism and the role of commerce in Renaissance republicanism. Florentine humanists believed that commerce and the private pursuit of wealth made possible the survival and integrity of the republic. Florentine republicanism of the fifteenth and early sixteenth centuries was the ideology of an ascendant merchant elite; it provided a political language that integrated republican virtue with the habits, values, and mentality of the merchant. We should not therefore be surprised to see republicanism flourishing in later commercial societies. Although the virtue-commerce relationship in Renaissance republicanism was precisely the opposite of Pocock's claim, it directly anticipates the commercial element of republicanism that recent English and American scholarship emphasizes.

I undertake three tasks; first, I survey and compare recent work on republicanism in America, England, and Italy; second, I show how Pocock selectively read the primary and secondary sources on Renaissance Florence; third and most importantly, I analyze the economic attitudes of Niccolò Machiavelli, Francesco Guicciardini, Girolamo Savonarola, and Florentine...