Mercantile Capitalism Essay

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The development of capitalism throughout history has been a phase of a challenge for the working class. Work provides expansion and opportunities for individuals to fulfill their needs. Although it fulfills financially needs, it can also lead to bankruptcy, alienation and sometimes left with no self-satisfaction. The transaction from a feudal system to capitalism was known was merchant capitalism, it was the beginning for capitalism society. The purpose of this essay is to explore the development of mercantile capitalism from the time frame of the fourteenth century to eighteenth century and its effect on the economic and social system, and how time played an important role.

Hunting and gathering society first form of organization of work in 300,000BC. Hunting and gathering society did not view work as an important aspect of life, their daily activities were to hunt and gather food indoor to prevent starvation for their group. The first division of labor occurred with the division of activities between women and men, where women spent most of their time pregnant or nursing whereas men activities were to hunting. During feudal society a maximum number of workers were involved in agricultural
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This system also enables less skilled workers such as peasants, underemployed people, immigrants and windows to work for cheaper wages such as softening leather, carding wool, and cleaning. As previously mentioned both authors have discussed this topic but E.P. Thomas specially mentioned the effect of putting out the system on everyday labor activities, causing erratic labor. “The putting- out system demanded much fetching, carrying, waiting for materials. Bad weather could disrupt not only agriculture, building, and transport, but also

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