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Lecture 11

EURO ST 10 Lecture Notes - Lecture 11: Dutch East India Trading, Spice Trade, Primitive Accumulation Of Capital

European Studies
Course Code
John Smith

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Professor Smith
Europe Studies 10
Course Code: 24000
4 units
2018 Fall Quarter
Course Notes
The “golden age”
Formation of the republic and the rise of Calvinism in Holland laid the foundation
for an economic boom
Late 16th and 17th centuries were politically, economically, and culturally a
“Golden Age”
We’ll be looking at some of the economic conditions that underlay this “Golden
Some of them are not so “golden”
We’ll also look at other aspects of modernity, or the modern “ethos”, that arose
A new response to “risk” and uncertainty
A new way of exercising power rationally; a new relationship
between the state and the economy
To get to these aspects of modernity
We’re going to look at the dutch east india company and the dutch
west india company
The role of colonialism and the slave trade in the formation of modernity
deserves a course in its own
Significance of these companies for the history of Holland
Flag of the united provinces
Dutch east india trading ship
Note the flat of the dutch republic and/or the company flag
Dutch east-india men” by henrick conrelis vroom
There had been a pre-existing, flourishing trade economy of local peoples
throughout the region
The portuguese and then the dutch took control of this system and turned
it to their advantage
The dutch arrived in the indonesia archipelago in 1596
One ship was destroyed and the crew killed by local javanese prince
But the other ships returned to the netherlands with spices at a
great profit
Ships returned (better armed), the company was founded
In the early 17th century the dutch were able to force the portuguese out of the far
In fact, pirating and pillage was a major source of income for the company and
the netherlands
Competition with the english east india company was not serious until later in the
18th century
In 1619, Jan Pieterszoon Coen was appointed Governor-General of the VOC on
May 30 1619, Coen, backed by a force of 19 ships, stormed Jayakarta (now
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