“We begin with the story of the greatest conqueror in history, a conqueror possessed of extreme tolerance and adaptability, thereby turning people into ardent disciples. This conqueror is money. For thousands of years, philosophers, thinkers and prophets have besmirched money and called it the root of all evil. Be that as it may, money is also the apogee of human tolerance. Money is more open-minded than language, state laws, cultural codes, religious beliefs and social habits. Money is the only trust system created by humans that can bridge almost any cultural gap, and that does not discriminate on the basis of religion, gender, race, age or sexual orientation. Thanks to money, even people who don’t know each other and don’t trust each other can nevertheless cooperate effectively.” MoneyCapitalismMercantalism Book:Sapiens: A Brief History of Humankind Source: Sapiens: A Brief History of Humankind
“Wherever autocratic power vanished at an early date—as in the Netherlands and later in England—and the protective interest receded into the background, they swiftly discovered that trade must be free—“free to the nethermost recesses of hell.” EnglandImperialismFree TradeNetherlandsProtectionismSocial ClassesMercantalism Author:Joseph Alois Schumpeter