The Stages in the Social History of Capitalism

Más información sobre el libro

Henri Pirenne explores the evolution of capitalism through distinct historical stages, highlighting how shifts in economic organization lead to a discontinuity among capitalists. He argues that as conditions change, existing capitalists often withdraw from active participation, transforming into a passive aristocracy. This analysis reveals the dynamic relationship between economic structures and class roles, emphasizing how capitalists adapt—or fail to adapt—to new circumstances, ultimately influencing the trajectory of economic history.