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Capitalism is only 400 years old
(lemmygrad.ml)
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this post was submitted on 28 Sep 2023
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Mainly mercantilism which just means that everyone wants to only export and importing stuff is literally the worst thing in the world. Mercantilism also had a lot more state restrictions on it compared to capitalism.
Feudalism mainly died out in the 1400's when more of the power was centralised to the king instead of their vassals.