US capitalism bypassed feudalism because private property arrived with colonization
Evidence
In the United States, unlike Europe, market and property institutions were developed and strengthened quite rapidly. For preindustrial America already possessed essential elements of a capitalist class structure. United States capitalism sprang from a colonial social structure closely tailored to the needs of British mercantile policy. Whereas, in Europe, the trans formation of property relations in land from a system of traditional serf dom and feudal obligation to the capitalist form of private ownership required half a millennium of conflict and piecemeal change, in the United States, private property was firmly established from the outset. — Samuel Bowles and Herbert Gintis, Schooling in Capitalist America, 609
Categorization
- XREF: Connects to the broader discussion of how colonial social structures skip developmental stages that Europe endured. — connects to: Capitalist expansion requires wage workers separated from their own means of production — Samuel Bowles and Herbert Gintis, Schooling in Capitalist America:…, 611; American economic institutions are an anachronistic barrier to achievable liberation — Samuel Bowles and Herbert Gintis, Schooling in Capitalist America:…, 256; Colonialism created the conditions for modern capitalism’s emergence — Nick Couldry & Ulises A. Mejias, The Costs of Connection: How Data Is…, 251 (+1 more)
- QUESTION: Worth chasing: what did the communal land-use patterns of seventeenth-century New England and native American holdings actually look like, and how were they extinguished?
- corroborated: 2 independent passages support this claim — Samuel Bowles and Herbert Gintis, Schooling in Capitalist America:…, 609
Broader Connections
- Colonialism created the conditions for modern capitalism’s emergence
#expands(0.85) — Nick Couldry & Ulises A. Mejias, The Costs of Connection, 251