From Silver to Cocaine: Latin American Commodity Chains and by Steven Topik, Carlos Marichal, Zephyr Frank

By Steven Topik, Carlos Marichal, Zephyr Frank

Demonstrating that globalization is a centuries-old phenomenon, From Silver to Cocaine examines the commodity chains that experience attached manufacturers in Latin the United States with shoppers all over the world for 5 hundred years. In transparent, available essays, historians from Latin the US, England, and the U.S. hint the trails of lots of Latin America’s most vital exports: espresso, bananas, rubber, sugar, tobacco, silver, henequen (fiber), fertilizers, cacao, cocaine, indigo, and cochineal (insects used to make dye). every one contributor follows a particular commodity from its inception, via its improvement and shipping, to its ultimate vacation spot within the arms of shoppers. The essays are prepared in chronological order, in keeping with while the creation of a selected commodity turned major to Latin America’s economic climate. Some—such as silver, sugar, and tobacco—were actively produced and traded within the 16th century; others—such as bananas and rubber—only on the finish of the 19th century; and cocaine merely within the twentieth.

By concentrating on altering styles of construction and intake over the years, the members reconstruct complicated webs of relationships and fiscal approaches, highlighting Latin America’s significant and interactive position on the earth economic climate. They exhibit how adjustments in espresso intake behavior, garments models, drug utilization, or tire applied sciences in Europe, Asia, and the Americas reverberate via Latin American commodity chains in profound methods. The social and financial results of the continent’s export adventure were combined. through reading the dynamics of quite a lot of commodities over a five-hundred-year interval, From Silver to Cocaine highlights this variety even as that it offers a foundation for comparability and issues to new methods of doing international history.

Contributors. Marcelo Bucheli, Horacio Crespo, Zephyr Frank, Paul Gootenberg, Robert Greenhill, Mary Ann Mahony, Carlos Marichal, David McCreery, Rory Miller, Aldo Musacchio, Laura Nater, Ian learn, Mario Samper, Steven Topik, Allen Wells

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Extra info for From Silver to Cocaine: Latin American Commodity Chains and the Building of the World Economy, 1500–2000 (American Encounters/Global Interactions)

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Céspedes del Castillo, Las cecas indianas, 251. Humboldt, Ensayo político sobre el reino de la Nueva España, 457. For estimates of the total flows of silver and gold from the Americas to Europe see Morineau, Incroyables gazettes et fabuleux métaux. These calculations, found in Marichal, La bancarrota del virreinato, chap. 2, are substantially higher than the relevant percentages o√ered by Klein, The American Finances of the Spanish Empire, but it should be noted that Klein did not use consolidated accounts, nor did he discount the costs of fiscal administration or take seignorage into account.

While the direct tax on mine production was the single most important item among the varied list of exactions which fell upon Mexican and Peruvian silver, a close runner-up was income derived from seignorage (revenue from the minting of coins calculated as the di√erence between the face value of the coins and the value of the metal in them). Additional income was derived from the sale of the products of the state-owned mercury monopoly; mercury was an essential ingredient for colonial silver-refining processes, but the bulk of the income thus generated was shipped o√ to Spain to buy more mercury.

Tastes of Paradise: A Social History of Spices, Stimulants, and Intoxicants. New York: Pantheon, 1992. Scobbie, James. Revolution on the Pampas. Austin: University of Texas Press, 1964. Sha√er, D. Michael. Winners and Losers: How Sectors Shape the Developmental Prospects of States. Ithaca: Cornell University Press, 1994. Slatta, Richard. Cowboys of the Americas. New Haven: Yale University Press, 1990. ; Dorothy J. Solinger; and Steven C. Topik. States and Sovereignty in the Global Economy. London: Routledge, 1999.

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