000 01059nam a22001337a 4500
999 _c531971
_d531971
008 251124b ||||| |||| 00| 0 eng d
100 _aHudson, Michael
_957948
245 _aToday’s civilisational conflict
260 _aEconomic & Political Weekly
300 _a60(41), Oct 11, 2025: p.26-31
520 _aIndustrial capitalism was revolutionary in its fight to free Europe’s economies and parliaments from the hereditary privileges and vested interests that survived from feudalism. To make their manufactures competitive in world markets, industrialists needed to end the land rent paid to Europe’s landed aristocracies, the economic rents extracted by trade monopolies, and the interest paid to bankers who played no role in financing industry. These rentier incomes add to the economy’s price structure, raising the living wage and other business expenses, thus eating into profits.- Reproduced https://www.epw.in/journal/2025/41/perspectives/todays-civilisational-conflict.html
773 _aEconomic & Political Weekly
942 _cAR