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The book explores the origins of globalized trade and capitalism, tracing their roots back to the trade practices of pre-Islamic Arabs. It highlights how these practices influenced European markets during the Middle Ages, with a focus on the promotion of free trade across the Mediterranean, which laid the groundwork for capitalism's emergence in Europe. Through this examination, it reveals the interconnectedness of cultures and economies in shaping modern financial systems.
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Early Islam and the Birth of Capitalism, Benedikt Koehler
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- 2014
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