They turned swords into buying and selling in a free market

How Capitalism Tamed Medieval Europe

Even England Catches On

London was behind Italy or Flanders, but it was catching up. The city had started to grow as a trading hub in the 12th century, and its mayor, William Hardel, was the only commoner to witness the Magna Carta in 1215 and helped secure Clause 41, which stated that all foreign “merchants are to be safe and secure in departing from and coming to England” without “evil exactions.”

I.e., tariffs and the like.

https://fee.org/articles/how-capitalism-tamed-medieval-europe/?utm_source=zapier&utm

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