Ten Years of Debate on the Origins of the Great Divergence between the Economies of Europe and China during the Era of Mercantilism and Industrialization
1. Smith, Marx and Weber
How does one define empire? What are the characteristics of a successful empire? These two questions arise foremost after reading John Darwin’s monumental masterpiece After Tamerlane. In nine succinct chapters with informative titles, Darwin encompassed 600 years of global history, supported by illustrations and maps and for those interested, suggestions for further reading.
Starting in around 1530, Craig Muldrew argues in this important, phenomenally good book, the English economy developed rapidly. Population growth fed commercialization; markets developed and embedded; people did not just grow and make things, they bought and sold, bargained and trucked. Yet there were few actual coins.
Mercantilism, Lars Magnusson believes, was at its core ‘a series of discussions that tried to grapple with a rapid developing world of commerce and the effects it had on polities and communities in Europe during the early modern period’ (p. 48).