I suppose you can try and pin this on the Dutch. But the economic practices of aggregating ownership around a legal business entity and organizing production towards the maximization of profit were quickly adopted by English shipping magnets from their Dutch peers.
Google says it’s origins can be traced back that far. OP probably just counted that. What we call capitalism really started kinda alongside the industrial revolution late 17-1800s.
Not to undermine the argument, but capitalism did not start in 16th century England.
I suppose you can try and pin this on the Dutch. But the economic practices of aggregating ownership around a legal business entity and organizing production towards the maximization of profit were quickly adopted by English shipping magnets from their Dutch peers.
Google says it’s origins can be traced back that far. OP probably just counted that. What we call capitalism really started kinda alongside the industrial revolution late 17-1800s.