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Colonial wealth transfers: A New Analysis
Manage episode 487956863 series 1443941
Question:What would have happened to Europe in the past two and a half centuries if it hadn't plundered the global south? What would have happened if Europeans had paid for the labour of Africans instead of stealing it? What would have happened if they had purchased cotton, tea, spices and other commodities at a price that reflected the labour used to produce it?
Answer: Europe would be one of the poorer regions of the world
Thomas Piketty, the world renowned economist and author of Capital in the 21st Century has produced a new study of the economic dynamics of 19th and 20th Century imperialism. You can access it here
*****STOP PRESS*****
I only ever talk about history on this podcast but I also have another life, yes, that of aspirant fantasy author and if that's your thing you can get a copy of my debut novel The Blood of Tharta, right here:
Help the podcast to continue bringing you history each week
If you enjoy the Explaining History podcast and its many years of content and would like to help the show continue, please consider supporting it in the following ways:
If you want to go ad-free, you can take out a membership here
Or
You can support the podcast via Patreon here
Or you can just say some nice things about it here
Become a member at https://plus.acast.com/s/explaininghistory.
Hosted on Acast. See acast.com/privacy for more information.
785 episodes
Manage episode 487956863 series 1443941
Question:What would have happened to Europe in the past two and a half centuries if it hadn't plundered the global south? What would have happened if Europeans had paid for the labour of Africans instead of stealing it? What would have happened if they had purchased cotton, tea, spices and other commodities at a price that reflected the labour used to produce it?
Answer: Europe would be one of the poorer regions of the world
Thomas Piketty, the world renowned economist and author of Capital in the 21st Century has produced a new study of the economic dynamics of 19th and 20th Century imperialism. You can access it here
*****STOP PRESS*****
I only ever talk about history on this podcast but I also have another life, yes, that of aspirant fantasy author and if that's your thing you can get a copy of my debut novel The Blood of Tharta, right here:
Help the podcast to continue bringing you history each week
If you enjoy the Explaining History podcast and its many years of content and would like to help the show continue, please consider supporting it in the following ways:
If you want to go ad-free, you can take out a membership here
Or
You can support the podcast via Patreon here
Or you can just say some nice things about it here
Become a member at https://plus.acast.com/s/explaininghistory.
Hosted on Acast. See acast.com/privacy for more information.
785 episodes
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