An inquiry into the permanent causes of the decline and fall of powerful and wealthy nations : $b Designed to shew how the prosperity of the British empire may be prolongedPlayfair, William
Philosophy
An inquiry into the permanent causes of the decline and fall of powerful and wealthy nations : $b Designed to shew how the prosperity of the British empire may be prolonged
Playfair, William
Economics; Great Britain -- Economic conditions; History -- Philosophy
For several centuries of war and confusion commerce and the arts
appear to have been undervalued and neglected; but still the taste [end
of page #71] for oriental luxuries was not entirely banished, and, at the
first interval of peace and safety, sprung up again. It was then that
Alexandria, Venice, Genoa, and Constantinople, became the channels
through which the people of Europe procured the luxuries of Asia.
Babylon, Memphis, Palmyra, and all the other great cities of antiquity,
were no more; even Greece had lost its arts and splendour; Alexandria
and Constantinople were repeatedly assailed, taken, and conquered, by
the barbarians, who envied their wealth, but who still found an interest
in continuing them as channels for procuring to European nations the
refinements of the East. Though Venice and Genoa were wealthy, they
were but small, and of little importance; and all the nations who might
have crushed them at a blow, only considering them as sea-ports of
convenience and utility, allowed them to remain independent.
As an intercourse had been established between the northern and
southern parts, a taste for the luxuries of Asia had extended to the
shores of the Baltic, soon after the victorious arms of Charlemagne
had carried there some degree of civilization, and the Christian
religion.
Then it was that a new and more widely-extended system of
commerce, but something like what had formerly existed in Tyre and
Carthage, began in all the maritime towns of Europe, when Italy and
Flanders became the most wealthy parts of Europe. A spirit of
chivalry, and a desire of conquest, not founded on the same principles
with the conquests of ancient nations, or of Rome, to obtain wealth,
pervaded all Europe, and the greatest confusion prevailed. In the
history of wealth and power, as connected together, this is a chasm.
Those who had power despised wealth, and were seeking after what
they esteemed more--military glory; and wealth was confined to a
number of insulated spots, and possessed by men who were
merchants, without any share of power or authority.
This extraordinary and unprecedented state of things gave rise to the
Hanseatic League, which rose at last to such importance that those
who had been so long seeking after glory, without finding it, began to
see the importance which was derived from wealth. They began to see
that, even in the pursuit of their favourite object, wealth was an ex-
[end of page #72] cellent assistant, and the friendship of merchants
begun =sic= to be solicited by princes, as in the days of Tyre and
Sidon.
This progress was greatly facilitated and accelerated by the crusades,
which, at the same time that they beggared half the nobility of Europe,
gave them a taste for the refinements of the East, and taught them to
set some value on the means by which such refinements could be
procured.
In this manner were things proceeding, when three great discoveries
changed the situation of mankind. {66}
Public-domain text, read in full here on John Shaqi.
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