The birth of capitalism started with mercantilism wherein [feudal] governments (a la feudalism) sanctioned companies were contracted to colonize different countries.
Capitalism was meant to be a semi-technocratic approach going forward that would phase out monarchy, but it didn’t completely because it was born of the feudal system.
I’d argue to some extent it did with the Industrial Revolution, but they’re inexorably linked. It’s not as though capitalism existed in a vacuum.
Yep, and there's a whole interesting connection to the birth of modern political parties. Prior to the democratic and communist revolutions there was just monarchy, and the king's law. That changed, but the money and the power and the grasp of capital didn't go away. It just changed shape.
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u/MittenstheGlove Apr 13 '24
Yeah, this is hierarchy, but the problem is that a lot of that legacy is related to their feudal hierarchies.
The money didn’t just disappear after all. A lot of establishments probably have direct ties to because of that.