Kinda curious how “capitalism” as an ideal only exists in the heads of people opposed to it. The term points to a series of historic pseudo-equilibrium conditions that are unified only by being paths of least coordination resistance through their eras.
Umm even at its peak, the triangular trade was only a minority fraction of world commerce/GDP. The world is a big place. The sheer quantity of commerce going on by default is much bigger than people realize.
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Sure, a minority of total world trade, but Triangular Trade was the major economic activity before 1800 in RI where I live (and wrote about), like cotton would become in the South a few decades later.
Thanks. Twitter will use this to make your timeline better. UndoUndo
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