Abstract

Among the feudal lords was the accumulation of money, but not the capital.Even when the feudal lords resorted exploitation, based on the use ofcredit and debt, it did not make them capitalists. Credit interest, in any form(cash, in-kind or the form of tillage) went to personal consumption of feudallords, it was not turning into capital. However, this does not mean that in feudalsociety there was no capital and capitalism. Capital and capitalism were asthey were in the Roman slave-owning society. In Ancient Rome, the capitaldid not exist in the commodity or production form, but in money, capitalismwas not a commercial or industrial, but usurious. There the “professional”usury was practiced by people from the stock of horsemen.

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