The History of the World in 10½ Blog Posts. 5. Capitalism I – Lords, Peasants & Merchants
The stage is now set for the next scene in our whistle-stop tour – the emergence of capitalism. But first a quick aside. Enmeshed in a contemporary global capitalist economy as we are, it’s easy to read it back into history as some kind of inevitable culmination of past processes. But there’s no reason to think that our present was foreordained.