GREAT DIVERGENCE AND GREAT CONVERGENCE IN A GLOBAL PERSPECTIVE

Journal Title: Journal of Globalization Studies - Year 2015, Vol 6, Issue 2

Abstract

Since man first forged metal tools and started farming for his food, thus emerging from the Stone Age, no event in human history has had a greater impact than the Industrial Revolution of the eighteenth and nineteenth centuries. During that span, Europeans increased their use of fossil fuel energy by several orders of magnitude, began to use that fossil fuel energy to produce motive power as well as heat, and developed a host of high-efficiency industrial processes and new modes of transportation, with spillovers into military technology as well. As a result, Europeans went from ‘underdeveloped’ nations, who mainly traded raw materials and bullion for the manufactured and plantation goods of the ‘developed’ world of Asia (cotton and silk textiles; ceramics and lacquer ware and tropical woods; coffee, tea, indigo, nuts, and spices), and who were allowed limited trading roles on the suffrage of India, China, and Japan, to the world's center of manufacturing and manufactured exports, with military dominance and the ability to dictate terms of trade to the major Asian societies.

Authors and Affiliations

Jack A. Goldstone

Keywords

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  • EP ID EP263017
  • DOI -
  • Views 112
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How To Cite

Jack A. Goldstone (2015). GREAT DIVERGENCE AND GREAT CONVERGENCE IN A GLOBAL PERSPECTIVE. Journal of Globalization Studies, 6(2), 143-147. https://www.europub.co.uk/articles/-A-263017