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World History Presentation - Mercantilism in the Dutch East Indies

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Josephine Jung

on 11 October 2012

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Transcript of World History Presentation - Mercantilism in the Dutch East Indies

Min-sung Kim & Josephine Jung Mercantilism in the
Dutch East Indies mercantilism was an economic doctrine which What is Mercantilism? The Spanish established colonies in the Americas, exploiting the natural resources and the native peoples to bring back riches back to Spain. Mercantilism in the Spanish Context the Dutch were focused purely on profitable trade Mercantilism in the Dutch East Indies the forms of "mercantilism" in each of these colonial empires were different, reflecting the differences in their motives, priorities, and national identities. the ways they approached the world led to the development of unique histories and cultural essences. At large... revolved around the idea that the government could control or play an active role in foreign trade, so as to enrich the country by restraining imports encouraging exports. and (And other parts of the world) VOC Dutch East India Company was a joint stock company (no need for states/monarchs, investors each take a small risk and claim a portion of the gains) Separation between Church and State, which gave the VOC a lot of freedom in conduct. Mercantilism in the Portuguese Context Mercantilism in the New England Colonies The Portuguese took advantage of pre-exisisting trade routes, establishing feitorias (trade centers) to control strategic ports. Their geographical location and superiority in maritime exploration were relatively unparalleled until the Dutch came to rise in the late 1500's. Pre-existing systems of Colonialism British colonies were also built upon the idea of mercantilism. England believed that these colonies existed for the "good of the mother country". Before the Dutch there were the Portuguese and the Spanish, pioneers of maritime exploration and colonization. Soon to follow after the Dutch were the New England Colonies, which also were largely operational on the idea of mercantilism as well as other factors. The Spaniards also introduced the encomienda, a tributary system that gave conquistadors control over the land and natives living within its territories. However, British mercantilism and Dutch mercantilism are comparable. Dutch trade was monitored by private parties and individuals (therefore had no monarchical influence) while the crown played an active role in decision making for the New England colonies' trading matters. The Spanish were also motivated by religious zeal, as can be seen from the efforts they made to convert the native peoples. This was not true for the Dutch. The Portuguese had to have negotiated trade because they were not a militarily powerful nation. They were inserting themselves into an existing system, exploiting local conflicts and divisions when they could. The Portuguese "Empire" was not what we would traditionally conceive to be imperialism. The Portuguese set up ports along the Indian Ocean coast where they would engage in trade. In British colonies, there was also the idea of "salutary neglect," which meant that the British would not interfere with domestic politics as long as the colonies paid their taxes and provided England with profitable trade.
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