HIST BC 3116y Lecture Notes - Lecture 14: Moral Imperative, Geopolitics, Mercantilism

• School: Barnard College
• Department: History
• Course: HIST BC 3116y
• Professor: Carl C.Wennerlind

Document Summary

History of money lecture 14 (7 march 2016) Spanish empire: money flowed in, but did not facilitate or circulate in a productive manner. Dutch miracle: engaged in water activities. Idea of work and investment: bank of amsterdam (100% reserve for merchants given by the state) (cid:862)go(cid:448)e(cid:396)(cid:374)(cid:373)e(cid:374)t (cid:271)y the (cid:373)e(cid:396)(cid:272)ha(cid:374)ts a(cid:374)d fo(cid:396) the (cid:373)e(cid:396)(cid:272)ha(cid:374)ts(cid:863) Political environment with a focus on commercial activity. Pioneered a new relationship between the economy and state: dutch were comfortable with banking, loaning, etc. No serious downturn of the tulip craze. I(cid:374)te(cid:396)ested i(cid:374) (cid:449)hat"s u(cid:374)i(cid:395)ue a(cid:271)out (cid:373)ode(cid:396)(cid:374)ity a(cid:374)d (cid:272)apitalis(cid:373) (cid:894)(cid:373)ode(cid:396)(cid:374) so(cid:272)iety(cid:895) Money is a technology or discursive phenomenon that alters how we think about the world and how we engage with one another. Positive things that money created, facilitated negative things were noted as well. Humanity is constantly involved in a process of recreating institutions that they inherited from the past, but are recreating these institutions differently: not necessarily getting better and better.