Has there been a historical civilization better fit for capitalism than the arabian one?
It was definitely a good place for it to be created with it being the middle man to the east
Being right in the middle of three continents probably gave them a huge disposition to be good at this stuff.
they are. and for most of history the middle east has been the center of trade. It begs the question why there are no major global corporations centered in the middle east.
>inb4 muh oil corporations
1. Built through western technology
2.managed by western businessmen
> It begs the question why there are no major global corporations centered in the middle east.
>Neglecting to account for the period of european colonization
It has produced about as many corporations as any post colonial civilization.
Are they good at it? No
The country is in such a good spot, though.
But Shekel is just the word for their currency. Any association with that word must have arisen only after they came up with it. At the time it would just have been an arbitrary word.
That's like saying
>Breaking news: the nation which came up with the Nazi symbol committed a genocide
"Capitalism" is a vague and meaningless word that ranges from "international conspiracy" to "[any number of not picky economic descriptions]" depending on what group you ask.
A better question is "which civilization had the coolest merchant culture".
In which case I nominate the Venetians as a contender.
>"Capitalism" is a vague and meaningless word
Because European corporations and colonization crippled the Muslim merchant classes turning them into career bureaucrats, and the Arab aristocracy had become tribal chiefs making money from tributes and bribes from their subordinate clans or tax farmers rather than owning and developing local industry usually owned by independent craftsmen or guilds.