Topic > The Origin of Capitalism: Richard Biernacki, Richard,...

The editors of this book trace the origin of capitalism to the 16th century. This was the period when business activities in industries and farms were gaining momentum and hence there was a push to make more profits so as to open new factories. In this regard, a lot of capital began to be accumulated at the expense of the workforce. Consequently, this marked the beginning of capitalism. The authors of this article are also of the opinion that this era not only initiated capitalism, but also set a standard that influenced the subsequent development and growth of capitalism. The growth of capitalism was also intensified by the search for gold and silver. This book is set in England and therefore before capitalism customary rights applied to the latter. However, through new legislations rampant property deprivation began and violations became highly punishable. The effect accentuated the element of capitalism. In this book we note that capitalism did not simply find its way into the functioning of the free market. It's a concept that has met with strong resistance from farmers and factory workers. Farmers and workers had property because the wealthy had used legislation to acquire large tracts of land. Because they had no economic strength, they were forced to work in factories by all means, including being subjected to famine, torture, and transportation. This marks the worst