capitalism – Hossein Jorjani

Excursus 075 – On the Historical Emergence of Capitalism

Hossein Jorjani First publication: 2026 – 07 – 19 The existence of capital should not be confused with the existence of capitalism. Capital, merchants, markets, banking, and commercial exchange have existed in many societies throughout history. Their presence alone does not justify describing those societies as capitalist. The concept of capitalism is most appropriately appliedContinue reading “Excursus 075 – On the Historical Emergence of Capitalism”

Excursus 051 – On Capital and Capitalism

Hossein Jorjani First publication: 2026 – 07 – 18 The existence of capital does not by itself imply the existence of capitalism. Merchants, money-lenders, investors, commercial enterprises, markets, and private property existed in antiquity and throughout the Middle Ages. Yet these activities formed only one component of economies whose dominant productive sectors remained agriculture, handicrafts,Continue reading “Excursus 051 – On Capital and Capitalism”