The book "World Accumulation 1492 - 1789" explores the significant historical period when global economies experienced rapid growth and expansion. It examines how European powers, through exploration and colonization, accumulated wealth and resources, which contributed to the development of modern capitalism. The narrative details the economic, social, and political changes that shaped the early modern world during these centuries.
The author analyzes key events and processes, such as the Columbian Exchange, the rise of colonial empires, and the expansion of trade networks. These developments led to increased wealth for European countries and altered global power dynamics. The book highlights the interconnectedness of regions and the impact of European activities on global history.
Additionally, "World Accumulation 1492 - 1789" discusses the consequences of this accumulation, including social inequalities, shifts in labor systems, and the beginning of capitalist economies. It provides a comprehensive understanding of how this era laid the groundwork for the transformations that would follow in the modern world, emphasizing the complex legacy of early global economic expansion.