A market society is not necessarily the same as a capitalist society.
And since only capitalist societies _have_ an economy (an interdependent
set of relations) only a capitalist society can give rise to formal
political economy (or "economics).

Carrol

"Perelman, Michael" wrote:
> 
> Carl, The book deals with economists prior to Adam Smith. In fact, what
> seems to be going on in Holland was that the Dutch did have a market
> society.
> 
> Michael Perelman
> Economics Department
> California State University
> Chico, CA
> 95929
> 
> 530 898 5321
> fax 530 898 5901
> 
> http://michaelperelman.wordpress.com
> 
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