探花视频

Newtonian capitalism

Published on
October 31, 2013
Last updated
May 22, 2015

Nicholas Till鈥檚 lament for the North Norfolk coastline and for pastoral sentiment in opera is聽well taken (鈥Elegy in a country churchyard鈥, 24 October). The lonely coast at Cley is聽ever more heavily trod. And opera may well聽have originated as deeply coded social comment on brutal rural policy: an echo of tragic country lives favoured by the subliminally conscience-stricken urban wives of the rapacious rich.

But the idea that capitalism originated in聽rural commerce is difficult to swallow. Surely it arose with the Industrial Revolution, when large sums were repeatedly needed to finance new machine industries? Indeed, if anything was responsible for capitalism it was聽Newton鈥檚 dynamics, which provided the wherewithal to predict what any conjectured machine would do - combined with a relatively loose-weave common-law society where money was in the hands of a scattered class.

Chris Ormell
The PER Group
London

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Reader's comments (1)

Difficult to swallow perhaps, but Marx is fairly conclusive. As is Ellen Meiksins Wood (The Pristine Culture of Capitalism, 1991; The Origin of Capitalism, 2002). Nicholas Till

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