Lumifer comments on Harry Potter and the Methods of Rationality discussion thread, part 26, chapter 97 - Less Wrong
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I don't think this is historically true. Humans actively traded since paleolithic times (there are archeological finds like amber far away inland or stone tools made out of stone that does not occur anywhere locally).
Merchants were typically seen as of lower status than the nobles and the military (for rather obvious reasons), but of higher status than craftsmen and peasants.
I don’t think that was intrinsic to being a merchant, just a consequence of (some of them) being richer.