Early Capitalism and its Enemies: The Wörner Family and the Weavers of Nördlingen*

Christopher R. Friedrichs

Business History Review, 1976, vol. 50, issue 3, 265-287

Abstract: The long, slow decline of the handicraft industries in Western Europe was attended by protracted hardship and misery for the artisan classes, short-term exploitative opportunities for crass merchants to whom the old medieval communal values were outdated cant, and confusion and eventual rout for the town fathers who attempted to maintain such values in the face of ineluctable economic change. Professor Friedrichs draws these conclusions from his research on woolen cloth weavers in the German town of Nördlingen in the seventeenth century and shows how, once the old values were no longer useful, the state itself took the initiative in the eighteenth century in facilitating the conversion of handicraft industry to the modern wage-labor system.

Date: 1976
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