ABSTRACT

P e r h a p s it is impossible to say what exactly constitutes a capitalist, and no attempt will be made to define the term, which is used here to include the aristocracy who had long been accustomed to the control of wealth, and also those families whose wealth had been newly acquired through trade or commerce. The second group conforms more nearly to the ideas generally understood by the term capitalist; but in English society the two groups are closely related.