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In the last quarter of the eighteenth century bourgeois Europe needed to emancipate itself from that combination of feudalism and commercial capitalism which we know as mercantilism. - C. James In the last quarter of the eighteenth century bourgeois Europe needed to emancipate itself from that combination of feudalism and commercial capitalism which we know as mercantilism. - C. James In the last quarter of the eighteenth century bourgeois Europe needed to emancipate itself from that combination of feudalism and commercial capitalism which we know as mercantilism. - C. James