The Centres of Capitalism During its Rise

By Con George-Kotzabasis

@110 Tim Wilkinson—Starting from your last sentence. The great French historian, Fernand Braudel, in his magnum opus Civilization and Capitalism delineates the moving Centres of the World-Economy, i.e., Capitalism, initially from Venice, to Genoa, to Antwerp, to Amsterdam, to London and finally to New York. The propelling force of this movement was the ceaseless ever increasing and greater rolling achievements of these metropolises that were at the centre of capitalist development during which its long duration led, for the first time in history, to the improvement of “the lot of humanity” by raising in leaps and bounds its standard of living. The fact that America replaced Britain as the centre of capitalist dynamism was the ne plus ultra achievement of the United States. Are you a human metamorphosed into an ostrich that refuses to see these facts?

To associate Schumpetarian entrepreneurship with spoliation and plunder is to disassociate from serious intellectual discourse. Plunder is the vocation of pirates not of creative entrepreneurs! 

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: