Capitalists and their predecessors-slaveowners, moneylenders, merchant-investors-owe their very existence to the State. In early times, concentration of political and spiritual power precedes economic stratification in society. (Peter Gelderloos)

Capitalists and their predecessors-slaveowners, moneylenders, merchant-investors-owe their very existence to the State. In early times, concentration of political and spiritual power precedes economic stratification in society.

Peter Gelderloos

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concentration early power state stratification times

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