http://blogs.reuters.com/great-debate/2013/08/29/why-a-medieval-peasant-got-more-vacation-time-than-you/

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Perhaps it might be useful to start with a re-examination of how feudal 
society operated. Brenner is correct to highlight the essentially 
stagnant character of feudalism, where competition's lash did not 
accelerate economic innovation. In "Invention of Capitalism," Michael 
Perelman identifies just one of among the many features that militated 
against the full exploitation of labor and raw materials:

"Although their standard of living may not have been particularly 
lavish, the people of precapitalistic northern Europe, like most 
traditional people, enjoyed a great deal of free time. The common people 
maintained innumerable religious holidays that punctuated the tempo of 
work. Joan Thirsk estimated that in the sixteenth and early seventeenth 
centuries, about one-third of the working days, including Sundays, were 
spent in leisure. Karl Kautsky offered a much more extravagant estimate 
that 204 annual holidays were celebrated in medieval Lower Bavaria."2

full: 
http://www.columbia.edu/~lnp3/mydocs/origins/testing_the_brenner_thesis.htm
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