I've recently read"The Verge: Reformation, Renaissance, and Forty Years that Shook the World" and want to hear what all of you think the answer is, because I feel like the book was missing something in its thesis and I am not very sure what that is.

  • Timberknave
    ·
    11 months ago

    I wanted to chime in with trade and lack of ressources, but they also got really really good at plundering due to the political system of feudalism (whose need for currency to fuel more wars also gave rise to credit systems)

    • GinAndJuche
      ·
      11 months ago

      Damn, I’m beginning to tbh k I was wrong. Because almost everyone is pointing at debt systems as the cause. I really need to read “debt” by the big G it seems.

      • Timberknave
        ·
        11 months ago

        there is stuff wrong with Graeber. Very Chartalist view of money. But financialization as a superstructure is still foundational to capitalism's development and the conquest and exploitation of the "americas".