Machine derived contents note: Map of Australia -- List of tables -- Preface -- 1. The social structure of British hegemony -- Part I. The Colonial Economy Enters the World Market (1788-1830): 2. The transition from penal to commercial colony -- 3. The world-economic origins of colonial wool growing -- Part II. The Squatting Phase of Pastoralism (1830s and 1840s): 4. Squatting and colonial politics -- 5. Merchants and growers -- 6. Pastoral enterprise in the colonial economy -- 7. The conservative character of pastoralism -- Part III. Confronting the Agrarian Question (1840-1900): 8. The 1840s crisis and social transition -- 9. Foundations of the agrarian question -- 10. State formation and transformation of the landed economy -- Conclusion -- Appendixes -- References -- Index