Source: Chronicle of Higher Ed
9-10-12
Jonathan Levy, an assistant professor of history at Princeton University, is a fellow at the Center for Advanced Study in the Behavioral Sciences, at Stanford University.Sail forth! steer for the deep waters only! Reckless, O soul, exploring, I with thee, and thou with me; For we are bound where mariner has not yet dared to go, And we will risk the ship, ourselves and all.—Walt Whitman, "Passage to India" (1871)In the 19th-century United States, voyage was an image that Americans invoked time and again to capture what it was like to live on the stormy seas of capitalism. In 1871, Walt Whitman offered a maritime allegory of the experience of individual freedom. To do so he evoked risk. Long a technical concept in the financial arena of marine insurance, at the end of the 18th century "risk" still simply referred to the commodity bought and sold in an insurance contract. Outside the world of long-distance maritime trade, risk had very little meaning or use.