LABR 1F99 Lecture Notes - Lecture 4: Feudalism, White Supremacy, North West England
Document Summary
The origins of capitalism: europe, africa, and the americas. Plus, core key concepts: racism, colonialism, transatlantic slave trade, enclosures. Several factors contributed to the mergence of capitalism its initial concentration in western. Government (strong state to oversee commerce, protect private property, manage colonies, and oversee commercial activities) Peasants and craftsmen: built their homes, made their own furniture, clothes and other necessities, paid rent to landlord and church. Landlord and priest did nothing, but ate, dressed and lived better because they owned all the land. Merchants were capitalist: didn"t own land, bought cheap and sold for more and kept profits, produce commodities (turn everything into something that can be sold) Return to east coast of africa: nations & kingdoms refuse to buy what they wish to sell. Wealth begins to pour into western europe: wealth in the form of stolen goods.