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===Origins and rise=== {{Further|History of capitalism#Origins of capitalism|Trade#History|Bourgeois revolution}} [[File:Fuggerkontor.jpg|thumb|upright|The 16th-century German banker [[Jakob Fugger]] and his principal accountant, M. Schwarz, registering an entry to a ledger. The background shows a file cabinet indicating the European cities where the Fugger bank conducts business (1517).]] The bourgeoisie emerged as a historical and political phenomenon in the 11th century when the {{lang|fr|bourgs}} of Central and Western Europe developed into cities dedicated to commerce and crafts. This urban expansion was possible thanks to economic concentration due to the appearance of protective self-organization into [[guilds]]. Guilds arose when individual businessmen (such as craftsmen, artisans and merchants) conflicted with their [[rent-seeking]] feudal [[Feudal land tenure|landlord]]s who demanded greater [[Economic rent|rent]]s than previously agreed. In the event, by the end of the [[Middle Ages]] ({{circa|AD 1500}}), under regimes of the early national monarchies of Western Europe, the bourgeoisie acted in self-interest, and politically supported the king or queen against [[Legitimacy (political)|legal]] and financial disorder caused by the greed of the feudal lords.{{Citation needed|date=January 2014}} In the late-16th and early 17th centuries, the bourgeoisies of England and the Netherlands had become the financial β thus political β forces that deposed the feudal order; [[economic power]] had vanquished military power in the realm of politics.<ref name="The Columbia Encyclopedia 1994"/>
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