HIST 1020 Lecture Notes - Lecture 6: Latin American Economy, Coolie, Class Consciousness
Document Summary
Sense of fashion comes about, people dress to further themselves in society. Powerful force in the 19th century, non-tiring source of energy. When applied to ships, traveling between continents for non permanent purposes became possible- tourism becomes real industry. Transforms way people think about other parts of the world. Rise of business commute- people used to have to work in walking distance of their house, now have wider range of where to live. Rise of coolie labor- essentially indentured servitude- selling of labor services. The decline of distance railway travel steamship travel telegraph. Of greater regional variation and heightened attention to difference. Colgate soap- ingredients from all over the world, sold at global level. Adam smith: the economy of self-interest and laissez faire - infinite amount of wealth in the world, not finite. The anti-slavery movement: where economic and political revolutions intersect. An empire of free trade - tariffs and taxes reduced by a large scale.