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”
Tag Archives: Industrial Revolution
Excursus 062 – On Science, Technology, and the Uses of Knowledge
Hossein Jorjani First publication: 2026 – 07 – 18 Discussions concerning science often fail to distinguish between scientific knowledge and its practical applications. The distinction is fundamental. Science seeks to understand, explain, and predict natural phenomena. Technology applies such knowledge to achieve practical ends. Although the two are closely related and frequently develop together, theyContinue reading “Excursus 062 – On Science, Technology, and the Uses of Knowledge”
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”
Hossein Jorjani 