Spanish Colonization and the Pursuit of Gold

This chapter provides a historical analysis of the Spanish colonization of indigenous people and their pursuit of gold. It discusses how the Spanish murdered and enslaved the indigenous population in order to obtain gold, which led to hyperinflation and the collapse of their own economy. The chapter also explores the different colonization approaches taken by the French and the British, highlighting the British approach as the most rational. Additionally, it touches on the topics of religion, government, and the pushback against authoritarianism during the colonization period.