While the world's financial crisis plays out, historians compare today's commercial world to the past. one, Stanford historian Laura Stokes, ponders how attitudes on greed were different in the Middle Ages. Camille Brown, of Stanford University News, has the story.
Capitalism was alive and well in the Middle Ages, but universally condemned. Professor Stokes said, "A medieval businessman would surely be impressed by the successes of his modern descendants, but he would also despise them as men without honor or virtue."