At 7 mins, the Renaissance was also an economic revolution. The invention of double-entry book-keeping was an important factor in making funding available for large-scale collaborative projects. And I presume there was a sudden drop in the amount of financial fraud.
From http://ro.uow.edu.au/cgi/viewcontent.cgi?article=1494&context=aabfj
From http://ro.uow.edu.au/cgi/viewcontent.cgi?article=1494&context=aabfj
Another factor was the revival of the study of science and mathematics (15 mins 38 secs) from several different cultures: Greek, Roman and Arabic.
Mor on accounting and finance, and the Medici family's influence on the arts, at 25 mins 33 secs. Double-entry book-keeping allowed the free flow of capital around the world.
This is a brilliant documentary! ❤️💓💕 Here is Part 2:
Without wishing to brag, the idea I had in the back of my mind when I wrote this essay on "Socialist Economics", was to create the conditions for another Renaissance. I thought that what I included here would probably be enough, and that the process would be inevitable, if we could just maintain these minimal necessary conditions long enough to get it going.
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