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Lecture

HIS244H1 Lecture Notes - Mercantilism, Cultural Relativism


Department
History
Course Code
HIS244H1
Professor
Church

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HIS244H1: Tutorial #2
Theme: European Perceptions of Trade and Development
Colbert:
They need more ships because of reliance on Dutch, but also need to increase
manufacturing so they don’t have to rely on imports so much, and they can keep
money in the country
Stress the importance of keeping money in France
If Dutch have certain amount of trade, French have to do something to get it
away from them
Trade opens up a lot of jobs (navigation of the seaports) invigorating the
economy
Principle objective: state power and prosperity good for them and good for us
If you don’t do it…it won’t happen
Mercantilism is so focused on the government/crown and it’s role in promoting
trade, if they don’t support and develop it, the economy will be stagnant
(CENTRAL POINT TO MERCANTILISM)
Various ways to do that: promoting industry, go to war, erecting tariff barriers
Smith:
Ideas of development discusses progression of different stages of commerce
Natural progression, eventually every society will become a commerce society
(Trade within, then outside the nation)
Comments on the fact that many other nations might be at different stages than
the English
Development doesn’t happen because the crown says so, Smith says it’ll happen
as long as we don’t interfere with it – it’s a natural process – this is how
economics functions
Theme: European Attitudes Towards Ethnicities and Races
Hume/Kant both have a negative opinion of black people
They see black people as inferior to white people
They support this argument by using a record of achievement they haven’t
done it, therefore they can’t do it
Comment on why certain races aren’t able to progress
Immanuel Kant:
Compares various cultures (is very culturally specific), but his article shows that
Europeans still think they are more superior than others
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