Assignment 2
In this chapter Federici discusses how a few different economies emerged from the crisis of feudalism. Among those were capitalism and social/economic equality in an egalitarian society. Although capitalism did not directly evolve from feudalism during this time period, it became known as the foundations of capitalism because it allowed for more economic freedom.
Since feudalism has grown weaker it has shaped the early Middle Ages. Africans during this time period were subject to cruel working conditions on plantations. Although land privatization and the Price Revolution were not enough in creating a capitalist economy it helped to create a working class.
During 16th century Europe, creations in technology and imperialization have helped stabilize their economy. Another way in which land was privatized was through enclosures, which eliminated communes and lands that were being leased. This was not very effective because it continued onto the next century and communities were not being taken into consideration.
During this time period food was scarce, and was necessary in order to develop capitalism and ultimately ended in looting and assaults in stores.
The first sign of unsustainability during the capitalist system was public assistance. This showed that Europe was unable to provide enough food and as a result had to come up with programs to help those who could not afford it. Additionally, death and sickness seemed to run rampant in lower class Europeans than upper.
Over time, Mercantilism was a new system developed that encouraged population growth to help support sustainability. However, this has led to the state having to reduce labor because of the sudden surge in population. This has resulted in the criminialization of procreation and the devaluation of women’s labor. This issue was resolved through the continuation of privatizing land.
In 1807, slaves in Europe have become a valuable asset and were encourage to procreate. This has led to an increase in sexual assault and have become profitable. Ultimately, the distress that women and slaves had to endure during these time periods have helped to shape capitalism because of their hard work and effort put into plantations.
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