GEOG 130 Lecture Notes - Lecture 3: Frantz Fanon, Haitian Revolution, Foreign Direct Investment
Document Summary
Primitive accumulation: this was the process and extraction of goods and ideas that is needed to start a capitalist economy (like europe and their latin american colonies) Three things that helped europeans gain this wealth: Race: not biological but rather a social construct (established at this time to explain who is civilized who is not) People did not like this oppression, so they fought back Used primarization to try to pay back the debt which is using primary resources such as silver and sugar. Paraguay: state controlled much of the economy (neo-colonialism) War of triple alliance: colonialism was the underlying cause because britain was in need of cotton, so there was battle for land between paraguay and argentina, brazil, and. Economists were trying to figure out why the global south is so underdeveloped and impoverished which some people explained by saying that southerners were lazy and uneducated.
