History of Ideas - Capitalism

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The history of capitalism is diverse. There are many debates about the history and origin of capitalism. Fully fledged capitalism is generally thought by scholars to have emerged in Northwestern Europe, especially in Great Britain and the Netherlands.

The traditional account of capitalism is the commercialization model. This sees capitalism originating in trade. Some might say capitalism is natural to human societies, since you can find evidence of trade even in Paleolithic culture.

Some say that capitalism started in the sixteenth and seventeenth century, and in the following centuries people and countries accumulated capital in a variety of methods.

Generally, capitalism is the concentration of wealth and economic power. This documentary tries to simplify and easily explain the history of capitalism.

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