Year: 2025
Type: article
Abstract: We aim to demonstrate how the emergence of a market economy in Europe found its earliest expression across vast regions of the Low Countries during the closing decades of the Middle Ages.Owing to particular geographic conditions, most notably the continuous subsidence of the terrain, which gave rise to a dynamically shifting landscape-economic activity became predominantly oriented toward the trade of land, labor, capital, and goods.This phenomenon, combined with a high literacy rate among the populace, likewise attests to the consolidation of a robust civil society, supported by institutions actively engaged in political life.Furthermore, the pronounced market integration and the resulting low transaction costs fostered what contemporaries would identify as a koopman geest, a mercantile ethos characteristic of social strata known as Poorters or burghers.In conclusion, the Sonderweg of the Netherlands-that is, their deviation from the classical Marxist paradigm of conflict marking the transition from feudalism to capitalism-manifests instead in a distinctive Volksaart defined by its mercantile spirit.
Source: Acta Scientific Women s Health
Language: English
Subfield: Economics and Econometrics
Domain: Social Sciences
Open Access status: bronze
OpenAlex ID: W4414149385