![]() In doing so, he paved the way for the creation of the first stock exchange-and the capitalist global economy that has transformed life on earth. In 1602, in a house on a narrow alley, a merchant began selling shares in the nascent Dutch East India Company. ![]() By some accounts, that system, capitalism, has its origins just a mile from the grocery store. The so-called true-price initiative, operating in the store since late 2020, is one of dozens of schemes that Amsterdammers have introduced in recent months as they reassess the impact of the existing economic system. “There are all these extra costs to our daily life that normally no one would pay for, or even be aware of,” she says. The label by the zucchini said they cost a little more than normal: 6¢ extra per kilo for their carbon footprint, 5¢ for the toll the farming takes on the land, and 4¢ to fairly pay workers. One evening in December, after a long day working from home, Jennifer Drouin, 30, headed out to buy groceries in central Amsterdam. ![]()
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