Medieval corporations owned property, and they often engaged in complex financial arrangements, but in no case were they profit-seeking enterprises in the modern sense.


Chapter Ten, "The Middle Ages", p. 305 - Debt: The First 5,000 Years (2011)

David Graeber Quotes

Medieval corporations owned property, and they often engaged in complex financial arrangements, but in no case were they profit-seeking enterprises...

Medieval corporations owned property, and they often engaged in complex financial arrangements, but in no case were they profit-seeking enterprises...

Medieval corporations owned property, and they often engaged in complex financial arrangements, but in no case were they profit-seeking enterprises...

Medieval corporations owned property, and they often engaged in complex financial arrangements, but in no case were they profit-seeking enterprises...