POLSCI 2J03 Lecture Notes - Joint-Stock Company, Ming Dynasty, Hegemony
20 Mar 2013
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Document Summary
European competition: spain at war 81% of the time, england 53, france 52% Innovation in military technology: cannons and ships. No hegemon to enforce bans on exploration: no overwhelming force that can control term of different monarchs therefore you can never have a decree to ban oversea exploration. European expansion had to occur after the mongols came. Graph: gdp per capita lower gdp = colonial of the past (w/ some exceptions) Graph: gdp growth rate as a percentage: growth rate highest in east asia, north america below world average. Applies to warriors trying to overthrow the inca empire: triumph of markets. Might be unsatisfactory because markets are in contingent. No such thing as pristine market existing outside the boundaries set by politics: economic folly of the west (moyo, 2011) Bad public policy is what has compromised the growth of western europe.
