The Commercialisation of English Society offers an interpretation
of social and economic change in England over five centuries. By
1500 English livelihoods depended more upon money and commercial
transactions than ever before; the institutional framework of
markets had been transformed and urban development was more
pronounced. These changes were not, however, caused by any
unilinear development of population, output or money supply. This
pioneering study examines both institutional and economic
transformation and the social changes that resulted and stresses
the limited importance of formal trading institutions for the
development of local trade. Commercial transition is throughout
analysed from a broader perspective that looks at the changing
power relations within medieval society (which might loosely be
described as feudal) and considers how these relations were
affected by such commercial development.
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