Hobsbawm's Theory on the General Crisis of the 17th Century

Hobsbawms Theory on the General Crisis of the seventeenth century It is generally pass judgment by historiographers that there was a ?crisis that blanketed all of Europe during the 17th century. A myriad of revolts, uprisings and economic contractions occurred almost simultaneously and had a profound impact on the socio-economics of the entire continent. The topic for banter in this paper is the effects that this ?crisis had on Europe and its developments. In particular, the focus will be on Marxist historian Eric Hobsbawm, and his theory that the 17th century crisis was the catalyst for the transition from feudalistic society to capitalist economy in England and ultimately the genesis of the industrial revolution. Hobsbawm argues that it was the crisis of the 17th century, particularly the Puritan Revolution, which enabled capitalism to escape the termination of feudalism and flourish as the dominant ?ism in England. While it is true that the Industrial Revolution and the rise of capitalism did occur soon after the 17th century, it is not as clear as to what role the crisis of the 17th century had in their developments. Hobsbawm offers the 17th century crisis as the watershed responsible for the transformation, however, the curtilage or lack thereof that he presents makes his hypothesis irrational if not unbelievable.

Capitalism during the 17th century is generally expound as a parasite operating under the constraints of a feudal apparatus . Hobsbawm held that if capitalism is to rise, feudal or agricultural society must be revolutionized (pg14). In his paper The Crisis of the ordinal Century, he outlined the criteria necessary for capitalism to become dominate. First, there must be enough accumulated capital to gillyflower capitalistic expansion. Second there must be addition in the division of labor so production quarter increase to capitalistic levels . A large quantity of prosecute earners who exchange their monies for goods and service at market is also required. And in the end the current... If you want to get a full essay, order it on our website: Ordercustompaper.com

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