Chapter 17: Science and Commerce in Early Modern Europe

  • Scientific Revolution was the beginning of a new era in European history in the 17th century
    • Europeans started to challenge scientific thought
  • There were several characteristics of the Scientific Revolution
    • People started to understand the mathematical nature of the world around them
    • Development of scientific institutions (labs, etc.)
  • Early science was restricted to few universities and only available to the wealthy
  • Patronage System
    • Scientists of the time relied on wealthy patrons to support their work
    • Patrons were ultimately in charge of deciding the direction that early science took
  • Universities were social institutions
    • Theology was the main reason
  • Anatomy was introduced in the 16th century
  • Universities weren’t properly equipped
  • Academies were considered to be clubs for people who wanted to live in the ancient world
    • Academies provided funding
    • Academies allowed for discourse to develop amongst scientists
  • Alchemy was an attempt at trying to change base metals into gold
    • First to place emphasis on experimentation and technology
  • Classical sources were the foundation for the Scientific Revolution
  • Aristotelian Philosophy was used as a starting point for science
  • Hermeticism meant that all objects shared a universal spirit that would eventually be revealed spontaneously
  • Natural Philosophy was the attempt to explain the natural world
  • Tycho Brahe discovered a nova and a comet which challenged Aristotelian paradigm
  • Galileo Galilei declared that planets were roughly made out of the same materials as Earth
    • Challenged the biblical view of the heavens
    • Was tried and found guilty of Heresy
  • Descartes
    • Discourse on Method (1637)
    • Was schooled in Aristotelian philosophy
    • Rejected knowledge that was based upon probability
    • Used “proofs” to support philosophical learning
  • Some believed that one could only accept God upon proving his existence
  • Newton used experimental philosophy (physics)
    • Began with the natural world and then tried to explain it
    • Used math to create models that were based on nature
    • Expressed his observations in numerals
    • Mathematical Principles of Natural Philosophy (1687)
    • Newton’s Three Laws of Motion
  • Expansion of knowledge allowed for the concept that one can understand themselves by understanding nature and their place in it
  • Commercial Revolution
    • Development in new patterns of trade, colonization, and commodities that ended up increasing material luxuries for Europe
    • First great commercial empire was the Dutch, followed by the English
    • Three phases to the Commercial Revolution
    • Precious Metal Trade (1440-1660)
      • Began in Americas under Spanish leadership
      • Eventually weakened the Dutch/English pirates & loss of control over trade routes
      • Opened Americas for colonization and trade
    • Spice Trade (1550-19th century)
      • Europeans (Portuguese, Dutch, & English) exchanged precious metals for spices (Cinnamon, Pepper, Nutmeg, etc.)
      • Started as bilateral trade
    • Plantation System (1650-1800)
    • Brought increasing wealth to Europe in form of goods and services
  • Dutch became greatest European Economic Empire in 17th century
    • Innovative techniques were used
    • Rational Management
    • Supportive cultural/social environment
  • Rise of “Dutch Masters”
    • Rise to power initially started in 30 Years War against Spain
    • Good farmers and manufacturers
    • Good traders
  • Mercantile organization was normally controlled by the King, was easy to tax, and competition was managed by the states
  • Mercantilist Theory
    • Wealth of a nation had to do with the stocks of precious metals
  • Euro-Asian trade started as a bilateral trade to deal with European consumer demands
    • Dutch dominated spice trade in 1650
  • Coffeehouses became extremely wealthy and popular in the 17th century
  • Tea was popular across all levels of European society
    • Became dietary staple within a generation
    • Importation rose annually
    • Introduction of opium led to triangular trade as it had started as bilateral trade
  • Unlimited demand for sugar (high prices)
  • African slaves were originally imported for gold and silver mines
  • Tobacco became popular under Dutch marketing and distribution
  • Plantation systems set a pattern for development based on trade and not conquest
  • North America’s government developed in response to Bacon’s Rebellion
  • Wars of Commerce
    • Europeans were in direct competition and conflict over commerce due to Zero-sum paradigm
  • Mercantile Wars were a series of three wars that the English and Dutch fought over the control of commerce
  • Wars of Louis XIV took place as Louis XIV wanted to expand territory claims to the south and the east
  • War of Spanish Succession (1701-1714)
    • Treaty of Utrecht (1713-1714)
  • Colonial wars happened due to the growth of consumer goods from America
    • Seven Years’ War

\