How Capitalism Reshaped Power in Europe
Transformations
- Rise of the Middle Class – Merchants, industrialists gained wealth, challenged aristocratic dominance.
- Expanded Political Power – Economic clout demanded representation → parliaments, broader suffrage, democracy.
- Social Mobility – Wealth from commerce/industry allowed status rise beyond birth.
- Wealth Concentration – Capitalist elites wielded outsized influence on policy, law, media.
- Worker Movements – Exploitation sparked unions, socialism, demands for rights, redistributing power.
- Technological Edge – Industrial innovation gave capitalist nations trade/military advantages.
Capitalism dismantled feudal hierarchies, empowered the bourgeoisie, and eventually forced inclusion of the working class—redefining European power structures.