Download E-books An Island for Itself: Economic Development and Social Change in Late Medieval Sicily (Past and Present Publications) PDF

By Stephan R. Epstein

This examine of overdue medieval Sicily develops a critique of theories of dependence via exchange, and a brand new interpretation of the past due medieval financial system. It therefore addresses present debates at the origins of recent Italian financial dualism, and at the transition from feudalism to capitalism in early glossy Europe. Dr Epstein argues that financial improvement in this interval used to be formed mostly via neighborhood political and institutional buildings which regulated entry to markets. Following the Black loss of life, many institutional and social constraints on commercialization have been secure all through western Europe because of social clash and demographic switch. Peasants grew to become extra commercialized; monetary development happened via nearby integration and specialization. The Sicilian economic system additionally extended and have become more and more export-oriented. even supposing just a small percentage of its output was once shipped in a foreign country earlier than 1500. past due medieval Sicily is hence proven to were neither underdeveloped nor depending on overseas manufactures and alternate.

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