DomKen
Posts: 19457
Joined: 7/4/2004 From: Chicago, IL Status: offline
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quote:
ORIGINAL: Kirata quote:
ORIGINAL: DomKen Lex Mercatoria was enforced by government courts for most of history. The period during which it was simply a set of customs was brief and was one characterized by virtually no long distance trade. Claiming it as a model for anything is to deeply misunderstand what iot was and how it worked. As I understand it, Lex Mercatoria originated in the Middle Ages and governed trade in Europe, including trans-border trade, which covers some pretty long distances. It was administered, with local variations, in special courts until toward the end of the Middle Ages when it became incorporated into national laws and the English common law. Many of it's precepts were reaffirmed in (i.e., served as a model for) the codification of international mercantile law and are with us today. K. Lex Mercatoria was a set of customs that developed during the dark ages in regards to the relatively rare trade between kingdoms. Significant differences existed between regions. By the time of the Renassaince the emergence of significant long distance trade the Lex Mercatoria, an unenforced or voluntarily enforced set of customs, was unworkable and national bodies became involved. It was never the libertarians dream of a functioning judicial system outside of government.
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