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ONEFAN51

There can be no tomorrow if there is no today
Articles Posted: 13  Links Seeded: 32
Member Since: 8/2010  Last Seen: 4/11/2012

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History of Capitalism

Seeded on Thu Aug 11, 2011 10:41 AM EDT
Read ArticleArticle Source: History World
history, economics, church, labor, capitalism, wealth, enterprise, middle-ages, usury, time-line
Seeded by onefan51
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Capitalism is not a form of government.  It is an economic term associated with the creation of wealth. 

The underlying theme of capitalism is the use of wealth to create more wealth. The simplest form of this is lending money at interest, reviled in the Middle Ages as the sin of usury. At a more sophisticated level capitalism involves investing money in a project in return for a share of the profit.

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  • Public Discussion (1)
onefan51

There are a lot of misconceptions about Capitalism.

The development of capitalism in northern Protestant countries, such as the Netherlands and England, has prompted the theory that the Reformation is a cause of capitalism

CoH please.

    Reply#1 - Thu Aug 11, 2011 10:44 AM EDT
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