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Some would say the Industrial Revolution came between the two and formed the transition.

Another view is that mercantilism, which arose during the later half of the Middle Ages, and is exemplified by the activities of the Hanseatic League, and the banking system that arose after the disbanding of the Knights Templar, gave rise to a system sufficiently like capitalism to go by that name.

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What has the author Paul M Sweezy written?

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