Feudalism and Capitalism
Introduction
Capitalism, economic system in which private individuals and business firms carry out production and exchange of goods and services through complex transactions that involve prices and markets. Although it has its origins in antiquity, the development of capitalism is a European phenomenon, evolved in different stages, to be considered established in the second half of the nineteenth century. From Europe, specifically from England, the capitalist system was extended to the whole world, and the socioeconomic system almost exclusively on the world until the outbreak of World War I, after which she set a new socioeconomic system, the Communism, he became the opposite of capitalism.
One can say that there must be a founder of the capitalist system, this is the Scottish philosopher Adam Smith, who was the first to describe the basic economic principles that define capitalism.
Feudalism is the historiographical name of the political system prevailing in Western Europe the central centuries of the Middle Ages (Middle Ages, between the ninth to thirteenth centuries), characterized by the decentralization of political power by relying on the diffusion of power from the top (which in theory were the emperor and kings) towards the base (where local power is actually exercised with great autonomy or independence in the noble practice of very different denominations, based on the Carolingian Empire -marquises, dukes, earls, barons, knights, etc. -).
As socio-economic formation, feudalism began in late antiquity with the transition from slave mode of production to feudal crisis from the third century and especially the dissolution of the Western Roman Empire (V century) and the formation of the Germanic kingdoms and the Carolingian Empire (eighth and ninth centuries).
Feudalism
Contractual system of political and military relations between members of the nobility of Western Europe during the Middle Ages. Feudalism was characterized by the granting
Capitalism, economic system in which private individuals and business firms carry out production and exchange of goods and services through complex transactions that involve prices and markets. Although it has its origins in antiquity, the development of capitalism is a European phenomenon, evolved in different stages, to be considered established in the second half of the nineteenth century. From Europe, specifically from England, the capitalist system was extended to the whole world, and the socioeconomic system almost exclusively on the world until the outbreak of World War I, after which she set a new socioeconomic system, the Communism, he became the opposite of capitalism.
One can say that there must be a founder of the capitalist system, this is the Scottish philosopher Adam Smith, who was the first to describe the basic economic principles that define capitalism.
Feudalism is the historiographical name of the political system prevailing in Western Europe the central centuries of the Middle Ages (Middle Ages, between the ninth to thirteenth centuries), characterized by the decentralization of political power by relying on the diffusion of power from the top (which in theory were the emperor and kings) towards the base (where local power is actually exercised with great autonomy or independence in the noble practice of very different denominations, based on the Carolingian Empire -marquises, dukes, earls, barons, knights, etc. -).
As socio-economic formation, feudalism began in late antiquity with the transition from slave mode of production to feudal crisis from the third century and especially the dissolution of the Western Roman Empire (V century) and the formation of the Germanic kingdoms and the Carolingian Empire (eighth and ninth centuries).
Feudalism
Contractual system of political and military relations between members of the nobility of Western Europe during the Middle Ages. Feudalism was characterized by the granting