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"Thus, craft guilds provided the goods and merchants fed the need: the beginning of real capitalism." Good piece but please allow me to nitpick : Not blaming t
by cassepipe 6y ago
"Thus, craft guilds provided the goods and merchants fed the need: the beginning of real capitalism."
Good piece but please allow me to nitpick :
Not blaming the author because it is a very common and well established narrative that capitalism arose from the development of a merchant class but Ellen Meiksins Wood makes a pretty good case for an agrarian origin to capitalism in The Origin of Capitalism. She argues that the roots are instead a combination land rental and the reliance on waged labour IIRC. If the subject is of interest to you I recommend you check it out.