Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

cthulu2016

(10,960 posts)
2. The beginning of modern economics
Thu May 10, 2012, 11:44 AM
May 2012

Before the catastrophic depopulation of Europe human beings were a surplus commodity. Wage inflation was almost impossible.

Better to have been a laborer in London in 1400 than in 1800 when urbanization and industrialization recreated the ancient formula of human surplus and superfluousness.

Recommendations

0 members have recommended this reply (displayed in chronological order):

The Seed Of The Modern World, That, Sir The Magistrate May 2012 #1
The beginning of modern economics cthulu2016 May 2012 #2
It Affected Frame Of Mind Profoundly, Sir The Magistrate May 2012 #4
Wat Tyler's revolt longship May 2012 #3
... cthulu2016 May 2012 #5
. cthulu2016 May 2012 #6
Latest Discussions»General Discussion»When Adam delved and Eve ...»Reply #2