Free and Discounted Ebooks
Join 150,000 readers! Get our ebook deals straight to your inbox.

The Stages in the Social History of Capitalism

An Address Delivered at the International Congress of Historical Studies, London, April, 1913

Cover image for

Download


Author: Henri Pirenne
Published: 1913
Language: English
Wordcount: 11,148 / 41 pg
Flesch-Kincaid Reading Ease: 44.5
LoC Category: HC
Downloads: 694
Added to site: 2010.05.05
mnybks.net#: 27622
Genre: History
Excerpt

combating their abuses.[10] But it would be a manifest exaggeration to deduce from this the existence of even a rudimentary capitalistic economy. Everything indicates that the loans which we are considering here were only occasional loans, of usurious nature, to which people who had met with some catastrophe, such as war, a fire, or a poor harvest, were forced to have recourse temporarily.

Thus, the early centuries of the Middle Ages seem to have been completely ignorant of the power of capital. They abound in wealthy landed proprietors, in rich monasteries, and we come upon hundreds of sanctuaries the treasure of which, supplied by the generosity of the nobles or the offerings of the faithful, crowds the altar with ornaments of gold or of solid silver. A considerable fortune is accumulated in the Church, but it is an idle fortune. The revenues which the landowners collect from their serfs or from their tenants are directed toward no economic purpose. They are scattered in alms, in the building of mon

SUBSCRIBE TO MANYBOOKS 

FREE EBOOKS 

Join 150,000+ fellow readers! Get Free eBooks and book bargains from ManyBooks in your inbox. 

We respect your email privacy

(advanced)
login | register

User ID

Password

reset password

Author of the Day

Lorhainne Eckhart
A recipient of the 2013, 2015 and 2016 Readers’ Favorite Award for Suspense and Romance, Lorhainne lives on the sunny west-coast Gulf Island of Salt Spring Island, is the mother of three, her oldest has autism and she is an advocate for never giving up on your dreams. She is frequently a Top 100 bestselling author in multiple genres, and we expect that her The Outsider Series: The Complete Omnibus will also follow suit. As our Author of the Day, Eckhart talks about the Friessen men from her books, reveals which book in the omnibus was her personal favorite and talks about how important it is to schedule time to write.
Read full interview...