A sucinct and accurate summary. There is also the story of how independent European crafts workers became first dependent on capitalist merchants for marketing their goods and lose control over their means of production.
Your deep analysis, to the greatest possible extent, of socio-economic hierarchical oppression labeled as capitalism is greatly insightful.
However, I would encourage you to explore the Roman Empire, which exhibited early signs of the foundational principles of capitalism. You wrote, “Capitalism, as it first appeared just around five hundred years ago, is a system specifically centered on continuous capital accumulation and growth intended to extract surplus.” Yet on a historical scale, this may not be entirely accurate. The Roman Empire, for instance, had slaves and extracted resources from both humans and nature for its own aggrandizement.
A sucinct and accurate summary. There is also the story of how independent European crafts workers became first dependent on capitalist merchants for marketing their goods and lose control over their means of production.
Your deep analysis, to the greatest possible extent, of socio-economic hierarchical oppression labeled as capitalism is greatly insightful.
However, I would encourage you to explore the Roman Empire, which exhibited early signs of the foundational principles of capitalism. You wrote, “Capitalism, as it first appeared just around five hundred years ago, is a system specifically centered on continuous capital accumulation and growth intended to extract surplus.” Yet on a historical scale, this may not be entirely accurate. The Roman Empire, for instance, had slaves and extracted resources from both humans and nature for its own aggrandizement.