- Oct 2017
- America ??
I haven’t studied economics & Marxism yet, but here’s my thought.Marxist economic historians believe in historical periodization that all history follows a similar pattern based on the economic system of societies. Ancient societies have a slave economy, replaced by feudal societies with an economy based on landlords and peasants, replaced by modern societies with an economy based on industrialization and capitalism. The final stage of history according to Karl Marx is communism. Not that I agree with this theory but it explains the categories westerners tend to use when describing all parts of history.
Yes all societies & parts of the world had various forms of slavery in the past, but my observation is that having a slave economy doesn’t necessarially coincide with historical era but more to do with the particular economic situations & cultures of societies at particular times.
The general trend should instead be that all societies start of, well in the very beginning hunter gatherer, then once agriculture is introduced to them, agricultural peasant feudal economy, & then move to mercantilism & capitalism depending on circumstances. My observation is that most to all societies were agricultural peasant feudal based until the advent of the industrial revolution & enlightenment.
Did I get that right?