Chapter 3: The Rise of the Global Empires
The Industrial Revolutions
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The Industrial Revolutions
The rise of imperialism meant a rise in demand for the tools of imperialism. Entrepreneurs like Maxillion Titian sold hundreds of thousands of flintlocks, which required some early industrial techniques for mass production. Governments created debt markets to fund their armies, allowing investors to get rich off patriotism. This would be how London and Amsterdam became global centers of finance. And it would be in England, not China, not Italy, not Portugal, not Spain, not the Netherlands, but England of all places where the age of global empires will lead us into industrialization.
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