Capitalism and the Dutch East India Company: Crash Course World History #229
Capitalism and the Dutch East India Company: Crash Course World History #229
For a time, the Dutch East India company dominated the spice trade in southeast Asia, using some clever financial innovations. But was this capitalism or something else?
Key Ideas
As this video progresses, key ideas will be introduced to invoke discussion.
Key Ideas
Think about the following questions as you watch the video
- 03:45 Why did the Dutch enter into trade in southeast Asia?
- 06:02 What was the VOC and why was it formed? What powers did it have?
- 06:56 How did low interest rates help the Dutch?
- 07:36 Why was it easy for Dutch citizens to invest?
- 08:15 What were some important financial technologies used by the Dutch?
- 09:03 What key advantage did the VOC have over British companies?
- 12:29 How did the Dutch control trade in Southeast Asia?
- 13:30 What caused the VOC to decline and eventually go bankrupt?
- 13:51 Why isn’t the VOC a good example of modern free market capitalism, according to John Green?