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Material wealth, before 1800, was usually a metal. It had legible value anywhere so you could use it to defend or attack the means of production: land. [....] Y
by tbrownaw 14y ago
Material wealth, before 1800, was usually a metal. It had legible value anywhere so you could use it to defend or attack the means of production: land. [....] You were rich if you had gold and could defend the land you had and get more if needed.
...because weapons made out of gold work so very well?
- redblacktree 14y agoNo, but a gold coin buys a lot of swords and pays a lot of soldiers. This was typically because gold was required to pay taxes.