Chapter 462: The Sprout of Capitalism
What are the signs of the budding capitalism?
The emergence of an employment relationship.
Historically, the budding capitalism had already appeared in the middle and late Ming Dynasty.
At that time, the textile industry was very prosperous.
The textile industry in parts of the south has grown from simple cottage workshops to small factories.
The workshop owner invests in the equipment, and the people contribute.
The embryonic form of capitalism in which both machine owners and machine workers contribute.
There are many reasons for the failure to develop into capitalism, in addition to the limitations of thinking, there is also the suppression of the imperial court
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