Most Ancient Aryan Society

Author(s): Ram Chandra Jain
Publisher: Institute of Bharatalogical Research Sriganganagar Rajasthan

Page 320

4. THE AGE OF CAPITALISM
(1500 A. D. - 1962 A. D.) We now enter our own age. Money was primarily the means of exchange in the Feudal Era. It assumed a Money Becomes newer form and became the means of social
Capital production. That gave money great vitality and social force. Land was getting subservient to money. Money dominates the world like God. The age of capitalism brought a fiercer, more ruthless and more violent ruling class till now known to history.
Money assumed the shape of capital with the beginning of the Industrial Revolution in Europe. A few serfs and slaves could be exploited in an extensive field. Industry aggregated a mass of nuinbers within a limited space. They could be socially organised now. The remuneration of the labourer was made more attractive than the subsistence level of the field labourer. The working people saw a new hope and the ruling class a better heavenliness in industry. The feudals joined the new social order. Industry and more efficient industry became the life slogan of Europe.
The capital accumulated with great industrialists. The working class was getting envious of the big fortunes of their masters. The dissatisfaction was mounting. The international land-routes had given way to international sea-routes. The adventurous people were sailing to unknown parts of the world. New countries were discovered and brought nearer. The people took their international trade to foreign countries. Their military might had also increased with the newer inventions of science. Religion was at their disposal to act as the cementing force between them and the military and