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With the lure of these revolutionary capitalistic profits absent, so is the fundamental motivation for establishment of capitalism .

In Alexandra Lublinskaya's book, French Absolutism: The Crucial Phase, Lublinskaya challenges many of the premises of Hobsbawms argument. Hobsbawn claims that in the 17th century, wealth became more concentrated than in previous times...

Hobsbawn claims that in the 17th century, wealth became more concentrated than in previous times. In fact he uses this argument as a distinguishing factor between the 17th century and the crisis of the 14th century which had many similarities but did not lead to a capitalist society and an industrial revolution...

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