POS 210 Chapter : Capitalism Notes
Document Summary
While we have seen liberalism at work in early american history, particularly in the declaration of indepe n d e n c e , there is anoth er area of significance greatly influence d by liberalism. That area is econo mics, where one might be able to ask wheth er early capitalism is liberalism extend e d into the market plac e . In ancient greece and rome, the revered exa m ples of our civilized past, the basic industry was agriculture; the producing unit was the house hold, and the labor force was the slaves. Little chang e d when we move from greece and rome into the middle. Ages: the basic industry continues to be agriculture; the producing and consu ming units are still the househ old, and the labor force is predo min a t ely serfs, one step up from slaves.
