model
The most profitable early modern trade, in Jiang's telling, was control of East Indies spices rather than New World gold and silver.
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East Indies
The most profitable early modern trade, in Jiang's telling, was control of East Indies spices rather than New World gold and silver.
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Timestamped Evidence
Transcript
"...basically, they imported spices, okay? So this became known as the East Indies, the East Indies. And this is where the money was to..."
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"...the world. Specifically, it wanted spices from what they call the East Indies, okay, Southeast Asia. At this time in history, the main power..."
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"...Portuguese have no choice but to discover new routes to the East Indies. So they went this way. And this is hard because Africa..."
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"...it, okay? Now, the Dutch were responsible for going to the East Indies and bringing back the spices because it's a very dangerous job,..."
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"...a merchant, you're being very wealthy through trade by going to East Indies and getting spices and come back to Europe and selling them...."
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"...it primarily engages in trade with India, as well as the East Indies."
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"...And Spain, because of the Ottoman Empire, Spain cannot access the East Indies trade. Okay? So it had to figure out new ways to..."
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"...The Dutch will set up a power company called the Dutch East Indies Company, which is almost like a nation onto itself. It becomes..."
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"...why, it is a monopoly over the spice trade from the East Indies. It has its own army, it has its own currency, it..."
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"...out how to make a lot of money out of the East Indies, all right? So how did the Dutch, how were the Dutch..."
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"...beat Spain is, if we can control the trade in the East Indies, that's gonna give us the military, that's gonna give us the..."
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"...history. In 1602, okay, 1602, they created something called the Dutch East Indies Company. And it's known as VOC in Dutch, okay? The Dutch..."
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Relevant Lectures And Readings
Reading
The Dutch Golden Age begins with a poisoned Spanish windfall and ends with Vermeer exposing cracks in the respectable household.
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