Capitalism has a long journey of its development from 14th century - TopicsExpress



          

Capitalism has a long journey of its development from 14th century to 21th century. it has been transformed from Merchant capitalism to Manufacturing capitalism to Industrial Capitalism and then to monopoly capitalism, finance capitalism( under the wide phenomenon of Imperialism). but from the very beginning of its development there exists dialectics of both characters national (may be also particular estate or civilization) and global, competitive and monopolistic, liberal and state-connected.Before and during 13th and 16th trade within estates and with other estates or colonies was a popular trend and making dominating part of any state wealth.And in this time its global character was significant along with domestic character. This was era of feudal estates having merchant capitalism in embryo form. In 16th to 19th century, the era of Industrial rise began leading to dominance of Nation character of Bourgeoisie resulting to World War-1 and world war-2 during first half of 20th century. This was a classical form of Imperialism. After that humanity got shocked and a new wave against War has been started, the organizations like league of nation or United State on world emerged to stop wars and make a federal co-ordinated world system. Now capitalism has to be transformed to monopoly capitalism or financialization creating new phenomenon of Globalization setting up a world market through world bank, IMF , europian union, G-8 etc. This is the phase when Global character seems to be dominating but not completely unifying the humanity due its exploitative interests. But still this is opportunity to raise voice for World Federal System to elimination of standing armies, to unite humanity under the flag of same human race.Humanity will not allow War Market to divide people by national boundaries. This may be the first step to unite the humanity and eliminate the institution of state from the whole planet..... Aman Singh
Posted on: Tue, 28 Jan 2014 09:04:24 +0000

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