Capitalism and Communications: The Rise of Commercial Courier Networks in the Context of the Champagne Fairs

Abstract:This essay examines the nexus between the roots of modern capitalism and the rise of the first networks of pedestrian couriers known as scarsella, arguing that they both emerged simultaneously during the thirteenth century in the context of the Champagne fairs. This claim is based upon the premise that the essential feature of the commercial revolution of the Middle Ages—the rise of the sedentary merchant—would have been literally unthinkable without the establishment of reliable communication channels and the mastering of paper manufacturing in northern Italy. Paper represented a light and affordable medium that revolutionized business by enabling merchants to carry out not only long-distance communication but also extensive record-keeping. However, this study proposes that the earliest public postal operations in Europe were driven not by merchants' desire to conduct epistolary exchange but by the need of the commercial banks to execute long-distance money transfers through bills of exchange.