freediver
Gold Member
   
Offline

www.ozpolitic.com
Posts: 51227
At my desk.
|
I am having trouble figuring out what your argument about common law is. You made some grandiose claims about it earlier. Those claims have vanished into thin air and been replaced with some moronic rightards vs leftards argument.
More on the "historical accident" theme - again, this is not explicitly stated by the authors:
When the bubonic plague hit, most of Europe was in pretty much the same boat, politically and economically. It was a feudal system, with the lords owning land, charging rent etc. There was a slight difference in that the lords in the east were a bit stronger and better organised.
The plague killed off about half the population (2/3 according to wikipedia). Almost overnight, land values and rents plummeted, and the value of labor skyrocketed. Lords were tempted to offer financial incentives to get more labor onto their land. As a group they resisted this and tried to maintain control of the situation and maintain their income by restricting people's right to move. The people revolted, everywhere. In the east, they failed, because the lords were a bit more organised. The lords took more of the land and instituted forced labor (eg 1 to 3 days a week for free). In the west they succeeded, and a sort of free market in human labor arose. The initially small difference at the time of the plague lead the two halves of Europe to drift further apart. The west started buying food from the east, which compounded the difference, because it increased the value of the land owned by the eastern lords and their power over the people.
Skip forward a few centuries and a few rebellions. England, France and Spain all have their own citizen's assemblies that are competing with the crown for power. The Spanish crown is filthy rich from all the gold they are getting from American colonies. In contrast, England is a bit player and the crown is weak. There are some wealthy and powerful English merchants around and the queen has to beg them for money. In return she yields more economic and political rights. The merchants, benefiting from an initially slight improvement in economic rights, were able to reinforce those rights by virtue of their new wealth and power.
It was no coincidence that the industrial revolution first took off in this environment.
The British Navy is largely a private merchant navy and many are starting to make money trading across the atlantic. This competes with the Spanish royal navy, so Spain sends the (far more powerful) Armada to put an end to it. This could have put a stop to the process, but the British have a very lucky naval victory. Their trade across the Atlantic and elsewhere expands, as does their merchant Navy, which was to have great ramifications later on.
When the British established a colony in America, they initially intended to do the same as the Spanish - ie take all the gold and put themselves at the head of the existing oppressive social structure, easily enslaving the entire population. Unfortunately Spain got the good bits long ago. The Brits were left with modern day US - no stockpiles of gold, and a fraction of the human population to exploit. Although they landed in a relatively large empire with a central authority, that authority was weak and in no position to exploit the population. So they turned to exploiting their own people. The first colony turned into a mini communist dictatorship. They starved to death. Over and over again, the British tried to set up an oppressive regime. They failed, not because the peasants revolted, but for far more practical reasons. A more robust economy was needed merely to survive. Furthermore, being a frontier, the peasants could simply wander off and join the natives, or competing colonies. The British rulers had to establish not only property rights and free trade, but inclusive political institutions. These institutions were, in accordance with a central theme of the book, self reinforcing, and grew into the "land of the free" that we know today.
Although not stated as part of the theory, there seems to be a recurring theme that relative poverty and disorganisation are what sowed the seeds for the inclusive political and economic institutions that later grew into the economic powerhouse that was western Europe and North America. Prior to the plague, pretty much the whole world was under some sort of oppressive regime and the world's wealth concentration was pretty much the opposite of today - ie concentrated in tropical regions.
The book explains this in terms of "small differences" and "critical junctures" (eg the plague).
|