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2 we describe the beginning of changes. Progressive development of the West though, to be
Can, slow and twisting, but rather significant, lasts already five
Centuries. However, by modern criteria it was carried out under pressure
Poverty. Since XIV century, a series of accidents has made clear that the countries of Europe
Not in a condition to support stability of growth. There is a sense in their review
Institutes, as for comparison to what have cherished West growth, and
Also, perhaps, and for a reminder on, how easily reforms of the capitalist
Institutes can return us to an atavism.
The riches of the West have begun with the craft and trade growth for the first time noted in
XII century in Italy and XV century accelerated from the middle. In chapter 3 we lead up
Consideration till 1750. For this period in Europe has developed rather
Independent class of professional dealers, which, anyhow,
Have learnt to avoid the political and religious control, characteristic for
Early feudalism. Europe was still mainly agricultural, but
In this time and the agriculture was changed in a direction to the modern
Jurisdictions of guilds has essentially weakened their control. To put it briefly, it was
The period of development of a pluralistic society, in which economy (the same as
The science, religion, the literature, art and other spheres of a life) has found
Comparative independence of the political control. There was variety
The institutes necessary for effective functioning of an economy. In chapter 4
We give the review of development of some such institutes.
In chapter 5 the period from industrial revolution till 1880, is considered
There is a period of industrialisation of the West. It was time amazing
Same, as in 1750. Inherited by the West from the early period of development
Trade system of morals, the property right, organisation kinds, banks,
Insurance, credit forms and so forth have appeared sufficient for service
Much more a high level of the industrial development reached to 1880
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