975:
987:
1053:
Merchant capitalism is distinguished from more fully developed capitalism by its focus on simply moving goods from a market where they are cheap to a market where they are expensive (rather than influencing the mode of the production of those goods), the lack of
1121:, where the plantation system constrained the development of industrial capitalism (limiting markets for consumer goods) whose political manifestations prevented Northern legislators from passing broad economic packages (e.g.
1105:
from the 12th century. The movement towards merchant capitalism across the old municipal and guild system had been apparent in the wool trade as early as the age of
1344:
Immanuel
Wallerstein, The Modern World System II: Mercantilism and the Consolidation of the European World-Economy, 1600–1750, Academic Press; (June 1980).
1347:
Immanuel
Wallerstein, The Modern World System III: The Second Era of Great Expansion of the Capitalist World-Economy, 1730–1840s. Academic Press, 1988.
1370:
1341:, The Modern World System: Capitalist Agriculture and the Origins of the European World Economy in the Sixteenth Century, Academic Press, 1997.
1079:
585:
1017:
1094:
and industrialization possible, was the necessary precondition for the transformation of merchant capitalism into industrial capitalism.
1050:, which has flourished widely in the world without the emergence of systems like modern capitalism, is not actually capitalist as such.
1335:
Nicolas
Vrousalis, Capital without Wage-Labour: Marx's Modes of Subsumption Revisited', Economics and Philosophy. Vol. 34 No 3, 2018.
1171:
1260:
1365:
1117:. However, merchant capitalism remained entrenched in some parts of the West well into the 19th century, notably the
1220:
1087:
512:
1010:
1314:, Fruits of merchant capital : slavery and bourgeois property in the rise and expansion of capitalism, 1983.
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776:
434:
1301:
J.L. van Zanden, The rise and decline of
Holland's economy: merchant capitalism and the labour market, 1993.
826:
816:
1304:
Joseph Calder Miller, Way of death : merchant capitalism and the
Angolan slave trade 1730–1830 1988.
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1109:. In Europe, merchant capitalism became a significant economic force in the 16th century. The
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8:
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in his "The
Genesis of Modern Capitalism" in 1902, to refer to the earliest phase in the
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122:
1332:
Michel Beaud, A history of capitalism 1500–2000. New York: Monthly Review Press, 2001.
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Paul
Frentrop, A History of Corporate Governance, 1602–2002. Amsterdam: Deminor, 2003.
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The political economy of the family farm: The agrarian roots of
American capitalism
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1133:) to integrate the states' economies and spur the growth of industrial capitalism.
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Jairus Banaji (2007), "Islam, the
Mediterranean and the rise of capitalism",
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Early forms of merchant capitalism developed in the 9th century, during the
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1329:, Economic and social history of Medieval Europe. London: Routledge, 1936.
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John Day, Money and finance in the age of merchant capitalism, 1999.
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and by exchanging debt with each other. Thus, merchant capitalism
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974:
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1252:
Fair Shares: The Future of
Shareholder Power and Responsibility
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as an economic and social system. However, others argue that
172:
1242:
1285:. Praeger series in political economy. New York: Praeger.
1038:, a term coined by the German sociologist and economist
1232:
Subhi Y. Labib (1969), "Capitalism in Medieval Islam",
1352:
1323:, World accumulation, 1492–1789. New York: 1978
1248:
1066:houses were backed by relatively small private
1131:incentives for settlement of the American west
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1113:drew to a close around 1800, giving way to
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1004:
1172:The Origin of Capitalism: A Longer View
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1371:Economy of the medieval Islamic world
1178:
1209:Labor in the Medieval Islamic World
13:
1249:Charkham, J.; Simpson, A. (1999).
14:
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1088:primitive accumulation of capital
1070:acting as intermediaries between
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1234:The Journal of Economic History
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1198:
1186:Journal Historical Materialism
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1:
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1080:capitalist mode of production
777:Critique of political economy
435:Critique of political economy
16:Term coined by Werner Sombart
827:Periodizations of capitalism
19:Not to be confused with the
7:
1136:
1123:monetary and banking reform
523:Simple commodity production
10:
1387:
1255:. OUP Oxford. p. 96.
1072:simple commodity producers
832:Perspectives on capitalism
18:
1366:Medieval economic history
1127:transcontinental railroad
1044:development of capitalism
1153:
103:Economic interventionism
1281:Headlee, S. E. (1991).
772:Criticism of capitalism
1175:(London: Verso, 2002).
1119:Southern United States
802:Exploitation of labour
513:Primitive accumulation
1115:industrial capitalism
980:Capitalism portal
792:Culture of capitalism
747:Capitalist propaganda
503:Industrial Revolution
493:Commercial Revolution
21:Commercial Revolution
1339:Immanuel Wallerstein
1084:capital accumulation
955:Right-libertarianism
885:Classical liberalism
852:Venture philanthropy
488:Capitalism and Islam
483:Age of Enlightenment
78:Capital accumulation
23:of the 17th century.
1167:Ellen Meiksins Wood
1036:merchant capitalism
1032:economic historians
992:Business portal
108:Economic liberalism
98:Competitive markets
1321:Andre Gunder Frank
1312:Eugene D. Genovese
1308:Elizabeth Genovese
1099:Islamic Golden Age
1060:commercial finance
752:Capitalist realism
143:Goods and services
123:Fictitious capital
1262:978-0-19-158363-6
1056:industrialization
1028:
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847:Spontaneous order
817:History of theory
460:New institutional
430:Market monetarism
365:Economic theories
198:Supply and demand
133:Free price system
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1191:(1), pp. 47–74,
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978:
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782:Critique of work
757:Capitalist state
440:Critique of work
323:Regulated market
225:Economic systems
178:Private property
128:Financial market
118:Entrepreneurship
113:Economic surplus
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1239:(1), pp. 79–96.
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1103:medieval Europe
1086:. A process of
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1048:mercantilism
1035:
1029:
857:Wage slavery
797:Evergreening
590:
508:Mercantilism
455:Neoclassical
283:Mercantilist
260:
193:Rent seeking
158:Visible hand
1101:, while in
940:Objectivism
925:Libertarian
842:Speculation
762:Consumerism
596:Progressive
535:Development
518:Physiocracy
465:Supply-side
273:Libertarian
251:Free-market
231:Anglo-Saxon
213:Wage labour
168:Marginalism
138:Free market
93:Corporation
1361:Capitalism
1355:Categories
1293:References
1268:2023-06-01
1092:wage labor
1068:financiers
920:Liberalism
905:Humanistic
890:Democratic
869:Ideologies
704:Schumpeter
450:Monetarist
381:Chartalism
328:Regulatory
303:Neoliberal
256:Humanistic
39:Capitalism
1143:Feudalism
1058:, and of
960:Third Way
950:Privatism
910:Inclusive
895:Dirigisme
689:von Mises
576:Illiberal
556:Corporate
551:Community
498:Feudalism
408:Keynesian
398:Classical
241:Corporate
53:Austerity
1207:(1994),
1169:(2002),
1137:See also
1076:preceded
1064:Merchant
787:Cronyism
699:Rothbard
674:Marshall
659:Friedman
591:Merchant
546:Consumer
541:Advanced
376:Austrian
371:American
298:National
293:Monopoly
246:Dirigist
148:Investor
58:Business
47:Concepts
31:a series
29:Part of
1107:Chaucer
915:Liberal
875:Anarcho
812:History
644:Malthus
639:Ricardo
601:Rentier
586:Marxist
566:Finance
477:Origins
445:Marxist
393:Chicago
353:Welfare
313:Private
268:Liberal
88:Company
73:Capital
1310:&
1259:
1219:
1129:, and
714:Weaver
709:Veblen
684:Walras
679:Pareto
669:Keynes
571:Global
338:Social
308:Nordic
278:Market
188:Profit
1154:Notes
1030:Some
724:Coase
719:Weber
664:Hayek
629:Smith
561:Crony
423:Post-
343:State
333:Rhine
288:Mixed
208:Value
173:Money
1257:ISBN
1217:ISBN
1125:, a
1078:the
694:Rand
654:Marx
634:Mill
581:Late
413:Neo-
930:Neo
900:Eco
649:Say
418:New
386:MMT
318:Raw
1357::
1237:29
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33:on
1271:.
1223:.
1195:.
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1005:v
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