Trade is thus viewed with a very cautious eye by this film, as the development of foreign trade is tied to colonialism and to the creation of exploitative forms of capitalism. In most conventional history books, European exploration and trade is viewed as a positive development. The creation of mercantilism during Medieval times, which spawned the first middle class, is usually seen as a democratic development, as it turned Europe away from the highly stratified feudal system. In the feudal system, serfs labored upon the land for their lords, and were unable to travel. However, the struggle between the emerging middle-class merchants and the aristocracy seldom yielded real benefits for peasants and workers, although the modern state may have offered more opportunities for some persons to be socially mobile than did the rigid code of feudalism. Still, this mobility was hardly enjoyed by all. Later, the Industrial Revolution also failed to cash in on its promise to make prosperity truly democratic. Some members of the middle and lower classes grew rich through factory production and ownership, but far more did not, as they were forced to toil for the bankers and factory owner's profit.
Rather than the generally optimistic view of history that suggests that all history is 'progress' -- progressing to more political and economic opportunities for all -- this video suggest a more circular view of history, where some persons benefit, but the vast majority fail to do so, and are harmed rather than helped by innovations in economics and trade. The most heart-wrenching examples of economic victimization are as the victims of the slave trade, followed by the residents of Africa, India, and Latin America subject to colonization, first by Portugal, then Spain, and followed by the rest of Europe. By viewing history in primarily economic terms, the film shows how slavery and colonialism was not merely about racism, or a patronizing desire to carry the White Man's so-called burden, but was rooted in a desire to make a profit. Even highly sympathetic depictions of slavery and colonialism tend to stress the human cost in terms...
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