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History of capitalism

  • Industrial RevolutionIn 1799, French envoy Louis-Guillaume Otto announced that France had entered the race to industrialise. This marked the earliest recorded use of the phrase…
  • Das KapitalKarl Marx began his intensive study of political economy in the 1840s, but the path to publication was blocked by poverty and illness.
  • The Wealth of NationsAdam Smith spent seventeen years compiling notes and studying economic conditions before publishing The Wealth of Nations on the 9th of March 1776.
  • History of capitalismThe year 1348 brought the Black Death to England, killing roughly one-third of the population and shattering the economic foundations of feudalism.