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S7 E3: Ships, Swords, and Fences

95 snips
Jul 3, 2024
Economic experts and historians discuss the origins of capitalism, from colonial conquest to the privatization of land in Europe. Topics include the Atlantic Slave Trade, racial capitalism, and peasant uprisings against forced land separation.
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INSIGHT

Transition to Capitalism

  • The transition from feudalism to capitalism wasn't a smooth shift from bondage to freedom.
  • Europeans fought hard over the post-medieval world's structure, with power imbalances shaping the outcome.
INSIGHT

Capitalism's Violent Emergence

  • Capitalism emerged through imposed violence and colonization, not by choice.
  • The Black Death improved commoners' living standards before capitalism's rise.
ANECDOTE

Bristol's Slave Trade

  • Bristol's merchants profited from the transatlantic slave trade after 1698.
  • Ships carried goods to Africa, traded for enslaved people, then transported them to the Americas for slave-produced goods.
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