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2024-11-26 17:52:44

BitopiaLand on Nostr: Lessons from History: How Resource Control Shapes Power History shows the ...

Lessons from History: How Resource Control Shapes Power

History shows the significance of controlling essential resources. For decades, the U.S. has used its control of the world reserve currency, the dollar, to maintain global dominance.

The Roman Empire’s monopoly on salt—vital for food preservation—allowed it to assert economic dominance over dependent territories.

Similarly, during the 1600s to 1800s, the Dutch East India Company monopolised the Indonesian spice trade. Spices were popular in Europe and became a source of immense wealth and power for the Netherlands.
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