INTS 2370 Lecture 4: Week 4 Notes
4 Feb 2017
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Hard to maintain advantage due to technology. Britain in 1880s: agro industrial efficiency, r & d money is leaving development/manufacturing sector, manufacturing sector becomes vulnerable, other competitors are concentrating on r&d sector, investment goes where profits are going to be greater, commerce, finance. As this sector gets weaker, there is a very slow decline. End of first phase between war between spanish and dutch: continued for 60 more years. Engine of the dutch rise to power. Earliest came from belgium: bruge, ghent, antwerp all textile centers in belgium. Swiss and germans both recruited to fight on both sides. Troops must be paid: after 20-30, spanish money is drained, determines how long war goes on. Spain gets money from mines in mexico. Dutch gets money from allies france: those that don"t die go to amsterdam, antwerp is destroyed by spain because it is center of manufacturing and commerce, amsterdam inherits high skilled manufacturing sector.
