[PEN-L:11671] Re: more on col'ism

["Rod Hay" <rodhay@xxxxxxxxxxx>]

Yes they spawned there and for many millennia lived there. It is when they
spread to agriculture that what can be called a capitalist system arises.
When capitalist principles take over the whole economy, and capitalism as a
"pocket" disappears.

Both sides in the debate I think agree on that. The debate seems to be on
what caused that spread.


----Original Message Follows----
From: "J. Barkley Rosser, Jr." <rosserjb@xxxxxxx>


     Personally I have always rather liked Lewis Mumford's
old line (quoted approvingly by Braudel) that,
"Capitalism was the cuckoo's egg laid in the confines
of the medieval towns."  For all the talk of what went
on in the British countryside, it was indeed in urban areas,
whether Venice, Cairo, Canton, or Calicut that those nests
of capitalism spawned.
Barkley Rosser


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