The Market in historic terms like Istanbul or Dubai has not helped with the collection of credit or building a nation. In their society bankers and merchants were second class. On the contrary, Kings and generals started to adopt “the marketile way of thinking”. This positive thinking of credit and market gave bankers a “high class’ seat in society. The European conquest of the world was so successful because it was mostly banked from credit and empiricism. Credit being described as a promise to the future, rather than the old way of thinking which was a finite amount of wealth to go around. This also made entrepreneurs, explorer and businesses want to become very successful. It all revolved around a richer future.
As historians look forward, they should do so as the European countries did with credit. If that alone has taught humanity anything, it’s that either sapiens are stuck in a relatively low economy with little increase over thousands of years, or that its more than one thousandth in little more than half a century. If humans are to “evolve” they need to do so with open minds and curiosity.
1 thought on “The end of all things sapien”
I really like how you brought up the point we discussed in class about the development of Europe vs. the Middle East. It is interesting how the Middle East had the same opportunity and ability to grow like Europe did but chose not to. As you mentioned the monarchs of England provided credit and thus empire, capitalism and science were linked in Europe and lead to the scientific and technolgical growth in that region. The markets have played a big part in our development as a species. I agree that historians need to encorage open minds and curiosity by the stories they share. Postive economic perspectives about the pursuit of weath like the merchant Europeans sought can encourage contemporary homo sapiens to want to provide a better future to the next generation. People may be motivated to find a solution for global climate or other scientific issues.
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