The History of Capitalism
The first English use is recorded by the OED in 1854; some earlier French uses are noted.
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1.When is the modern use of the word capitalism usually traced to?
The first English use is recorded by the OED in 1854; some earlier French uses are noted.
2.What is one common definition of capitalism?
The means of production are things you can point to, like land, tools and factories; by that definition you can argue for 1602 or for the factory age.
3.What was new about the Dutch East India Company of 1602?
Shares changed hands in open-air markets, and one of them grew into the Amsterdam Stock Exchange (Wikipedia, Dutch East India Company).
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Sources (8)
- Capitalism (Wikipedia, englisch)
- Dutch East India Company (Wikipedia, englisch)
- Industrial Revolution (Wikipedia, englisch)
- The Protestant Ethic and the Spirit of Capitalism (Wikipedia, englisch)
- Adam Smith, The Wealth of Nations (1776), Econlib (Cannan-Ausgabe)
- Laura LaHaye, Mercantilism, Concise Encyclopedia of Economics (Econlib)
- Eigene Rechnung: Jahresabstaende zwischen
- Libertarian Labyrinth: Early uses of the term "capitalisme" in French
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