Like other terms used by historians, the crisis of the seventeenth century is a theoretical construct with an empirical basis that has given rise to endless discussions. The stimulating work by Maurice Dobb, Studies in the Development of Capitalism (1946), gave rise to a controversy concerning the transition from feudalism to capitalism, which was initiated by the American economist Paul M. Sweezy in 1950 and dragged on throughout that decade and the following one, with some contributions in the 1970s.
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