What is the historical relationship between nationalism and capitalism ?
Nationalism and capitalism are related concepts through the history which are so important because both of them influenced each other. As we know that these concepts are developed from the discovery of America, finding new resources and industrial revolution but how did the nationalism and capitalism’s relationship occur? But initially, what is the nationalism? and what is the capitalism ? The concept of nationalism is defined as according to Miscevic(2001), “1) the attitude that the members of a nation have when they care about their national identity and 2) the actions that the members of a nation take when selecting to achieve (or sustain) self-determination.” Capitalism
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With the improvement transportation, Europeans traded manufactured goods with the Africans and they exchange for slaves and this slaves were used in America on plantations and C.W (2013) states that there occured mercantilism British government wanted to establish powerful economy and protect traders so they planned to mazimize utility so mercantilisit thought is related nationalism and then European countries were enrichment and this led to the Industrial Revolution in Britain and the industrial revolution expanded the capitalism in the United States. With the industrial revolution and capitalism , countries entered the new process, nationalism. Elder (2012) states that industrialization increased nationalism in some countries such as Germany and Italy. These countries have to increase the value or productivity and quality of good because they wanted to become one and greater to defend their countries so nationalism was more important in industrializing …show more content…
According to Simkin (1997), the first sugar plantation cultivate in the Spain’s Canary Islands and then cultivation was spread rapidly because sugar consumption increased in Europe and sugar production had to increased but there was an important thing that laborer was unsufficient, for this reason, Europeans carried slaves from Africa for working in sugar plantation. Therefore, University of Michigan states that slave trading became important because this was highly profitable trade. Slave owner keep slaves like agrigultural worker or they sold slaves. Also, according to Ott (2014), with the begining of sugar plantation, European moved African slaves to the Caribbean and this slaves were legal status like a chattel because they were moveable and transable to another owner. Thus, this was a new form of capital. Chattel enhanced capital. Not only sugar but also silver and gold became important. Besides, according to Tignor&Adelman (2010), there was many gold and silver mines in America so gold and silver were moved by Europeans. This caused extraction and economically power for Europe and Europeans constituted colonies and this colonies provided wealth to their mother countries and thus, there was occured a new term; mercantilism. One country’s benefit become the other countries loss. Therefore, colonies provided more value for mother colonies. Mercantilism includes some principles; the first is
During the 17th and 18th centuries, the British government was in control of the North American colonies. The prime reason for the British government to control the English colonies was so Britain could trade with the colonies. The English colonies had crops like sugar and tobacco that couldn’t be grown in England so the British relied on the colonies to ship these products to them. The colonies were able to use the British ships in trade for the colonies’ crops. With the policy of mercantilism developing in the 17th century, Britain said they could help the English colonies become a strong country by trading, even though the trading mostly helped the British.
After using resources and assets, the British tried to regain control over the colonies by using an idea called mercantilism. This established that a countries wealth is determined by its gold and silver. This set forth that a country must become wealthy by increasing exported goods. This
The markets in every colony had special and valuable goods to trade with the other colonies who want to buy their product from them. “This trade proved significant, accounting for 18 percent of Carolina’s total export earnings before 1749 and remaining at roughly 10 percent until 1775.(facts on file).” In the early years colonist went in the transatlantic trade, Merchants and planters in Virginia exported tobacco and New englanders shipped grain and lumber in exchange for the colonist imported goods. By the early 18th century the value imports increased and more colonist started to trade into the trend.
Jamestown and Plymouth supported Capitalism. Capitalism was basically when a region is centered around profit, and these areas
Since there were more resources in the colonies, more people were seeking the freedom of expanding their families and business, for example in the South many of those that had difficult lives in England were able to grow massive plantations and make enormous profit with cash crops. As the population increased, the want and need for more resources continued to grow. Before, when the Europeans first settled they were looking to make bare minimum and just get by, but as opportunities increased, the population followed. As the population grew, the need for food and more labor was obvious and the trans-Atlantic route allowed the transport of enslaved Africans to be brought to the colonies to work on the large farms that were producing a surplus of resources for moth america and England. With large plantations the need for intense labor was prevalent, and the with labor available from slaves, cash crops were able to expand massively.
The Americans lacked the freedom of trades due to the British’s triangular trade system which was a result of the advocation of Mercantilism. The reason why mercantilism exaggerated the condition in colonies was that they only protected the profits of local merchants and it limited the production of colonies and export. British merchants gained most profits among all and the monopoly of some daily life requirement rose the prices. Since the goods from British was the onlinest importing channel for the colony, the rights of decision on prices was fixed. The British regulated all trades from the colony and prices of local products which created a shock on American economic structure and made the value of the currency dropped.
February 18, 1815, marked the signature of peace and time of no more battels ending the war of 1812. This war would fundamentally shape the history of America bringing us up to par in the eyes of the world as a legitimate country, furthering American expansionism in the form of manifest destiny and labeling the federalist party as traitors fundamentally insuring their doom. This war brought about a lot in the history of America while the war is often forgotten it leads to at least one of Americas biggest ideas of the 19th century. After bloody battles such as the battle of fort Mc'Henry on September 13-14, 1815, or the battle of New Orleans on January 8-26, 1815, American troops had proven that once again they were able to stand up to and defeated the world super power of the time.
This actually benefitted the colonies because it caused the English to subsidize American assets. Although some aspects of mercantilism hurt the colonists, they found loopholes in the system so it didn’t have as bad an impact which helped improve the economy in the
Nationalism is the pride for one’s country, the love that one has for its country and it is the want for the good of all people in the nation. This love is not conditional, it does not depend on race religion or economic standing. When a leader is chosen, when a country is coming out of great national change, this requires a particularly strong leader who only wishes for their countries greatness and success in the future. However, this can quickly turn into ultranationalism, or expose ultranationalistic motives. The two concepts of one’s love for their country have similarities, one is formed from the other, or that each can be provokers of change in either direction in the political spectrum.
Marielle Apronti Prof. Oscar Williams AAFS 311 4 March 2018 The Trans-Atlantic slave trade was the most important factor when considering the early development of European capitalism. The arrival of the Portuguese to the West African Coast and their establishment of trading and slave ports throughout the continent set in stone a trend of exploitation of Africa 's labor and human resources. Europeans greatly benefited from the Trans-Atlantic trade, as it allowed them to aggregate raw materials such as sugar and cotton to manufacture products that funded the Industrial Revolution. In the book “Capitalism and Slavery” by Eric Williams he addresses the origin of “Negro” history, the economic and political impact of slavery in Great Britain, the role of the American Revolution and the decline of slavery in Great Britain.
America’s discovery and the formation of Triangular Trade between Europe, Africa, and the Americas drove many new advancements in technology and economics. For example, inflation caused the capitalism’s popularity to rise, new goods were discovered, and European empires thrived. As the Europeans discovered, the Americas contained many resources such as silver, gold, spices, and other valuable goods that were sold to make a surplus of profit. Later on, such resources were farmed using African American slave labor. Quote A exemplifies the benefits for many upper class Europeans and American slave owners.
These kings and queens were in many cases foreign rulers. Nationalism became a popular idea during the French Revolution. Napoleon used nationalism to encourage the French army to conquer more lands, and he used it to build a love and loyalty to France in every citizen's heart. The new idea of nationalism quickly
‘New money’ would allow upward social mobility. Also, there was lots of land that could be acquired, and that allowed for economic growth. Mercantilism was a way that the British kept economic control of the colonies. This way, the colonies would make money for Britain. The navigation acts and the sugar act were both laws enacted to restrict trade in the colonies.
Both of these contributed to a more global commerce since new crops could now be introduced to the Old World and silver was highly valued all over the world. The European settlers were aware of the aforementioned facts and took advantage of the rich lands that could be found in the Americas. They farmed extensively, and the Native American techniques for harvesting in difficult land helped them. Furthermore, knowing that South America had rich silver deposits, the mined for the valuable material to export it for profit. This remained mostly unchanged during this time since Europeans had no need to look for other sources of profit.
This can be seen through the gradual engagement between Great Britain and America. For example, in Britain a consumer revolution happened. America was able to bask in the glory and financial successes of the motherland and become a more intricate part of Britain’s economy. This increased the mainland colonies as well with their production of agricultural goods.