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Quincampoix, bankruptcy of Law system, 18th century (engraving)
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Quincampoix, bankruptcy of Law system, 18th century (engraving)
3586526 Quincampoix, bankruptcy of Law system, 18th century (engraving); (add.info.: Quinquanpoix. A Dutch satire on John Law of Lauriston, promoter of the Mississippi Company and other bubble schemes of the year 1720. Extracted from Het Groote Tafereel der Dwaasheid, a collection of Dutch satires on the Mississippi, South Sea, and other companies.); Universal History Archive/UIG
Media ID 38147424
© Universal History Archive/UIG / Bridgeman Images
A Lot Of People Bank Bank Note Banker Banknote Bankruptcy Business Finance And Industry Crash Crowd Scene Economic Crisis Economics Economics Science Economy Economy In A Crisis Exchange Buildings Failure Finance Financial Economy Group Of Persons Investment John Law Lot Of People Main Exchange Markets South Sea Company Speculation Stock Exchange Stock Market 18e Siecle 18th Century 18th Centuries City Of Paris Dutch Netherlands Hollander Hollanders Mississippi Company Netherland Netherlands Holland Dutch The Netherland
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EDITORS COMMENTS
This engraving from the 18th century captures the chaotic scene of Quincampoix during the bankruptcy of the Law system. The image is a Dutch satire on John Law of Lauriston, a notorious figure who promoted bubble schemes such as the Mississippi Company in 1720.
Taken from 'Het Groote Tafereel der Dwaasheid', a collection of Dutch satires on various financial companies, this print showcases a crowded street filled with people clamoring for money and banknotes. The stock market and exchange buildings loom in the background, symbolizing the economic crisis that has gripped France during this tumultuous time.
The artist's scathing satire is evident in every detail of this cartoon-like depiction, highlighting the folly and greed that led to financial ruin for many individuals. Despite its humorous tone, this engraving serves as a stark reminder of the dangers of speculation and unchecked capitalism.
As we gaze upon this historical artwork, we are transported back to an era where business finance and industry were at their most volatile. The crowd depicted in Quincampoix represents not only those seeking wealth but also those who ultimately suffered devastating losses. This print is a powerful commentary on economics, finance, and human nature itself.
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