Political Economy 101 Good for exam and essay

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Department
Political Science
Course
POL101Y1
Professor
Jeffrey Kopstein
Semester
Winter

Description
January 31 2011 POL101Y1How the rest got rich Political Economy 101 capitalism and bureaucracy have found each other and belong intimately together Max Weber 1911 Getting rich has less to do with people more with economic systemsth17 Century Dutch Hegemony th Decline of Spanish dominance end of 16 century tho Rise of the dutch in 17 centuryMulticultural o Amsterdam was home to many different culturesIndustrial innovation o Before the era of steel o WindmillsEnergy was used to begin mechanized industrializationModern finance o First stock exchange o First central bank that was willing to invest in industry o It was the first nation that could raise capital from public sourcesTrade o True multinational trading economy Market PrincipleIncrease supplydecrease priceIncrea
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