Message from @Techpriest
Discord ID: 573333466989723648
How did you think the Magna Carta even started
And that document showed you that nobles were more in power
than the "royal family"
The nobles were essentially the big-boss managers of "modern capitalism" today
Wdym dude, that would then be royal administration which I said
There was no free-market
no free market?
what r u on about
anyone coudl trade freely whatever they want
That's how Venice even made their $$$
Traded with the Middle East for Silk Road products and exported it to Europe
And this was far earlier than the medieval ages
You'd have to first give x amount of all products produced to the crown and they could at anytime seize your means
Venice made their money because they traded via the crowns
except the government can still seize your means
in today's eras
does capitalism not exist then?
The U.S. Government literally has eminent domain for this reason.
You have to give x amount of products (in form of taxed currency) to the government
But, here's the difference, as I said is that now we have a modernized Capitalism and prior to then began market feudalism. Now we currently have that. Prior we had crown held a majority of the economic power
Now the individual holds most economic power
Crowns did not hold majority of the economic power
why do you think the royalty family sponsored merchants
So they did sponsor merchants??
???
Also here are my five sources
Like Hobbes would reference in his *Leviathan*, the King does not get rich if he does not make his kingdom rich.
The crown doesn't control all the economic power, he doesn't dictate trading policy
He just says "here's some money, now go get me some good shit on the way home"
Even nobles did this
They would send one of their serf to a neighboring noble's land to see if there were any product of value
and bring back home
It's how Marco Polo's story even got started
He borrowed some money and got a ship to China
He didn't borrow money from the Crown
The Crown already has too much bureaucracy to handle banking so it devolved into local banking institutes or guilds.