During the feudal era, which became properly entrenched across Europe in the twelfth century, economic life involved no economic choices. If you were born into the landed gentry, it would never cross your mind to sell your ancestors’ land. And if you were born a serf, you were compelled to toil the land, on the landowner’s behalf, free of any illusion that, one day, you might own land yourself. In short, neither land nor labour power was a commodity. They had no market price. The vast majority of the time, ownership of them changed only through wars of conquest, royal decree or as a result of
During the feudal era, which became properly entrenched across Europe in the twelfth century, economic life involved no economic choices. If you were born into the landed gentry, it would never cross your mind to sell your ancestors’ land. And if you were born a serf, you were compelled to toil the land, on the landowner’s behalf, free of any illusion that, one day, you might own land yourself. In short, neither land nor labour power was a commodity. They had no market price. The vast majority of the time, ownership of them changed only through wars of conquest, royal decree or as a result of some catastrophe. Then, in the eighteenth century, something remarkable happened. Because of advances in shipping and navigation, international trade in things like wool, linen, silk and spices made them lucrative, thus giving British landlords an idea: why not evict en masse the serfs from land that produced worthless turnips and replace them with sheep whose backs produced precious wool for the international markets? The peasants’ eviction, which we now remember as the ‘enclosures’ – for it involved fencing them off from the land their ancestors had toiled for centuries – gave the majority of people something they had lost at the time that agriculture was invented: choice. Landlords could choose to lease land for a price reflecting the amount of wool it could produce. The evicted serfs could choose to offer their labour for a wage. Of course, in reality, being free to choose was no ...
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different from being free to lose. Former serfs who refused squalid work for a pitiful wage starved to death. Proud aristocrats who refused to go along with the commodification of their land went bankrupt. As feudalism receded, economic choice arrived but was as free as the one offered by a mafioso who, smilingly, tells you: ‘I shall make you an offer you cannot refuse.’