Book description
The Commercialisation of English Society offers an interpretation of social and economic change in England over five centuries. By 1500 English livelihoods depended more upon money and commercial transactions than ever before; the institutional framework of markets had been transformed and urban development was more pronounced. These changes were not,…
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1 author picked The Commercialisation of English Society 1000-1500 as one of their favorite books. Why do they recommend it?
Though not bursting with colorful anecdotes, this book is absolutely authoritative, and along with the author’s journal articles, it transformed our understanding of medieval life in at least three ways. It showed how pervasive the monetary exchange of goods and services was in the so-called age of feudalism. It demonstrated the importance of informal modes of exchange, away from the publicly visible formal markets. And it went far toward clarifying how, when, and for what purpose monetary exchange took place in a society dominated by vertical bonds of personal loyalty and reciprocity.
From Henry's list on understanding where “capitalism” came from.
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