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THEME

Globalising the Planet

AUTHORS
Editorial: Brien Hallett

VOLUME NO.
17 [3]

PUBLICATION DATE
1998

ABSTRACT

To announce that an unbridled capitalism is threatening hearth and home and raping the land is not news. It is very, very old wine. The feudal barons were no doubt the first to raise the cry during the twelfth century, as they watched the new urban centres expand and as they went ever more deeply into debt to the upstart traders, merchants, and bankers who inhabited them. But, at that stage, the capitalists threatened, not the poor or oppressed, but the land rich and politically powerful. Indeed, while not often poor, the capitalist were often numbered among the oppressed of the time. Still, their growing economic power provided an increasingly significant counter-balance to the feudal aristocracy, a counterbalance which eventually turned into a direct
challenge.

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