Feudalism and Capitalism in the Colonisation of America (1948+1971)

Nahuel Moreno

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The Spanish, Portuguese, English, French and Dutch colonisation in America was essentially capitalist. Its objectives were capitalist and not feudal: organising production and discoveries to make prodigious profits and to place goods on the world market. They did not inaugurate a system of capitalist production because in America there was not an army of workers in the free market.