Introduction. (Columbus and the New World Order 1492-1992)

From: Monthly Review | Date: July 1, 1992| Author: | Copyright information

"The discovery of America and that of a passage to the East Indies by the Cape of Good Hope ," Adam Smith wrote in 1776 in his Wealth of Nations, the book that more than any other was to mark the birth of liberal political economy, "are the two greatest and most important events recorded in the history of mankind." "Their consequences ," he continued, have already been very great; but, in the short period of between two and three centuries which has elapsed since these discoveries were made, it is impossible that the whole extent of their consequences can have been seen. What ...

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