On the Two Economic Systems in Feudal Society
Chen Hua-shan
Abstract
Chen Hua-shan
Abstract
There are two economic systems in feudal society: feudal suzerain system and feudal lord system. The Spring and Autumn Period is the turning point of these two systems since China stepped into feudal society in Xi Zhou Dynasty. Similarities as well as differences exist between Chinese feudal lord economic system and European feudal suzerain economy, with the former taking lead in development, small-peasant economy, unifiedness, centralization of state power and certain amount of macro-economic control.
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There are two economic systems in feudal society: feudal suzerain system and feudal lord system. The Spring and Autumn Period is the turning point of these two systems since China stepped into feudal society in Xi Zhou Dynasty. Similarities as well as differences exist between Chinese feudal lord economic system and European feudal suzerain economy, with the former taking lead in development, small-peasant economy, unifiedness, centralization of state power and certain amount of macro-economic control.
Key concepts: Feudalism, Peasant, China, State (computer science), Economics, Economy, Political science, Law