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Story summary
- Sven Beckert's latest work argues that capitalism has no single origin but is a continuous process shaped by diverse influences.
- He notes that early merchants in Aden helped shape capitalism through trade and capital-raising activities.
- Beckert challenges the notion that capitalism began in Florence or Amsterdam, arguing it emerged from a complex interplay of economic practices across regions.
- This view highlights dynamic, interconnected global trade networks that shaped capitalism.
