• The companies only developed if the state did not intervene in the French fashion. If on the contrary a certain degree of economic freedom was the rule, capitalism moved in firmly and adapted itself to all administrative quirks and difficulties

    Fernand Braudel: The companies only developed if the state did not intervene in the French fashion. If on the contrary a certain degree of economic freedom was the rule, capitalism moved in firmly and adapted itself to all administrative quirks and difficulties
    Fernand Braudel (1982). “Civilization and Capitalism, 15th-18th Century: The wheels of commerce”, p.446, Univ of California Press