Invention of the Modern World (4): Capitalism, Money and Markets
Duration: 39 mins 38 secs
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| Description: | Partly England could be the first industrial nation because it had a very sophisticated capitalist economy stretching back hundreds of years. It was full of money, markets, relatively free but skilled labour, banks, limited liability, the stock exchange, mortgages and may other devices to help move capital and labour around. It was like this for many centuries before the industrial revolution. |
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| Created: | 2011-05-18 12:33 |
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| Collection: | Lectures: The Invention of the Modern World (Wang Gouwei Lectures, 2011) Alan Macfarlane |
| Publisher: | University of Cambridge |
| Copyright: | Prof Alan Macfarlane |
| Language: | eng (English) |
| Keywords: | capitalism; England; money; markets; economy; |
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