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The problem with political ideas (and ideals) is that you can always argue both ways. Historically, both modern capitalism and the industrial revolution were b
by netcan 8y ago
The problem with political ideas (and ideals) is that you can always argue both ways.
Historically, both modern capitalism and the industrial revolution were born and raised in monarchies. The forefathers of modern global corporations were royal charter companies.
- whatshisface 8y ago>Historically, both modern capitalism and the industrial revolution were born and raised in monarchies. I think that's more of an example of how the actual distribution of power in society is the only thing that matters, the label of the system being purely ceremonial. If everyone in a society is allowed to participate in a free market, you will see the fruits of capitalism, even if the market is black and the politburo insist that the state is fully communist. In the context of my earlier point, sure, if a monarch allows other people in their society to hold enough power to participate in capitalism, then, well, the system will start looking a lot like capitalism.
- marcosdumay 8y agoFunny. I got the idea they were born on the most liberal country in Europe exactly because the peasants killed some kings there, until the kings agreed on a bill of rights.