Religion Past and Present

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Capitalism
(2,041 words)

[German Version]

The term capitalism came into use in political economics (Economy) and the social sciences only more than 100 years after the Industrial Revolution (Industrialization), after the formation of capitalist society had largely become established, initially in England and then in continental Western Europe. A. Smith and D. Ricardo did not employ the term, and even in Das Kapital by K. Marx the term can be found only once (in vol. II, ch. 4). W. Sombart was the first to introduce the term capitalism in his epochal analysis of the historical development from “…

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Altvater, Elmar, “Capitalism”, in: Religion Past and Present. Consulted online on 26 October 2020 <http://dx.doi.org/10.1163/1877-5888_rpp_SIM_11282>
First published online: 2011
First print edition: ISBN: 9789004146662, 2006-2013



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