economy & politcs?

Question

how did they ran economy and politcs system during middle ages and how it is differ tha now? did they run it good or bad? give me a serious explanations.

Answer 1

In the middle ages there were essentially no politics. If you were against the ruling party you either fought them and won, or you were beheaded.

Politics now, dictates economic theory, and politics controls both the supply of money, and the lending rates, which in turn controls the economy.

Both ways are poor, but the practices of today are better than the practices of the middle ages, because the weaker party is not particularly killed in the process.