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Hypothesis: laborers weren't consumers. Peasants consumed what they produced with most, if not all, of the surplus going to feudal taxes. The landed nobility we

Hypothesis: laborers weren't consumers. Peasants consumed what they produced with most, if not all, of the surplus going to feudal taxes. The landed nobility were the consumers and commanded most of the economy.

nicoburns 5y ago
Indeed, and to some extent this still applies today.
gathly 5y ago
Exactly. People here seem to be trying to apply the logic of a global capitalist system to a feudal one and assuming they work the same