CAPITALISM AND INDUSTRIALIZATION IN THE ANCIENT ECONOMY. THE VISION OF MIHAIL IVANOVICH ROSTOVTZEV
CAPITALISM AND INDUSTRIALIZATION IN THE ANCIENT ECONOMY. THE VISION OF MIHAIL IVANOVICH ROSTOVTZEV

Summary/Abstract: Capitalism and industrialization are terms used by historians to notice the technical-scientific progress of the modern age. But at the end of the 19th century and the beginning of the 20th century, historians and specialists used these terms each time when they explained the economic and commercial evolution of the ancient world. Mihail Ivanovich Rostovtzev talks about the evolution of the ancient economy that does not differ with anything of the one coresponding to the modern age. We believe that the terms of capitalism, industrialization, economic modernity used by the historian M.I. Rostovtzev are not forced because antiquity really had a spectacular economic development which is reflected in labor productivity, in trade relations, in the existing process of commodity exchange performed throughout this time period.

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