Like the ancient Chinese, Ottomans & Indian Moguls, medieval European rulers also tried to manage & supervise trade & commerce
But Europe was de-centralised & commerce was able to grow despite
The result was the blossoming of a civilisation that would create the modern world
Europe's development shows the benefits of having no central authority
It was decentralised so no central authority could promote/discourage certain industries
No systemic plundering of businessmen & entrepreneurs
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Medieval Europe had lords that would plunder merchants. But others wouldn't
Trade always found a way & localities that were too restrictive would lose their income
De-centralisation kept gov's bad behaviour in check & would eventually unleash Europe
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