michael perelman wrote:
> In The Invention of Capitalism, I mostly dealt with domestic primitive
> accumulation in England.  In my new book in progress, I treat
> primitive accumulation in the colonies as the fuel of the domestic
> economy, but also as an ultimately self-defeating project because much
> of the surplus was dissipated in imperial wars.  As a result, the
> great imperial powers, Spain, Portugal, Holland, England ended up as
> lesser powers.

England ended up as a lesser power? in which century?
-- 
Jim Devine / "Segui il tuo corso, e lascia dir le genti." (Go your own
way and let people talk.) -- Karl, paraphrasing Dante.
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