• edric
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    fedilink
    121 year ago

    What was the common system before that? Feudalism?

    • Big Miku
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      fedilink
      English
      111 year ago

      Mainly mercantilism which just means that everyone wants to only export and importing stuff is literally the worst thing in the world. Mercantilism also had a lot more state restrictions on it compared to capitalism.

      Feudalism mainly died out in the 1400’s when more of the power was centralised to the king instead of their vassals.

    • Feudalism, Anarchism, primitive forms of communes, etc. The world was a mixed place.

      Capitalisms only became successful thanks to the ability to easily connect places. And even then it wasn’t as globally dominating as it was today before we had a revolution in transport methods.