@Waifuhunter101:
"How come the noble didn't ruin the economy with their monopoly and corruption"
Well, they did, but people refuse to starve just because of a bad management, don't they? And I imaging it has been this way for quite some time at the least. It's a bad economy form our perspective, but a normal one and all they know from theirs. And it works, most of the time.
"so basically capitalism is born and the nobles who have monopoly on everything can't compete."
Ahh, don't worry. The monopolies will return. Just in the hands of other greedy bastards. And so will nobles. (Said bastards.) Shady business of nobles, using their power underhanded, even though there are laws against it or shady business of business people, using their power underhanded, even though there are laws against it....there is no relevant difference between them. I'd go so far to state, they are essentially the same. In the end both buy their way into the government, one way or the other.