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“This lofty mountain of silver could conquer the whole world”: Potosí and the political ecology of underdevelopment, 1545-1800

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  • Jason Moore

    (Umeå University)

Abstract

By the 1570’s, Potosí, and its silver, had become the hub of a commodity revolution that reorganized Peru’s peoples and landscapes to serve capital and empire. This was a decisive moment in the world ecological revolution of the long seventeenth century. Primitive accumulation in Peru was particularly successful: the mita’s spatial program enabled the colonial state to marshal a huge supply of low-cost and tractable labor in the midst of sustained demographic contraction. The relatively centralized character of Peru’s mining frontier facilitated imperial control in a way the more dispersed silver frontiers of New Spain did not. Historical capitalism has sustained itself on the basis of exploiting, and thereby undermining, a vast web of socio-ecological relations. As may be observed in colonial Peru, the commodity frontier strategy effected both the destruction and creation of premodern socio-ecological arrangements.

Suggested Citation

  • Jason Moore, 2010. "“This lofty mountain of silver could conquer the whole world”: Potosí and the political ecology of underdevelopment, 1545-1800," The Journal of Philosophical Economics, Bucharest Academy of Economic Studies, The Journal of Philosophical Economics, vol. 4(1), pages 58-103, November.
  • Handle: RePEc:bus:jphile:v:4:y:2010:i:1:p:58-103
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    Citations

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    Cited by:

    1. Valentin Cojanu, 2022. "The value of sacrifice in (post-)growth scenarios," Economic Research-Ekonomska Istraživanja, Taylor & Francis Journals, vol. 35(1), pages 4322-4339, December.
    2. Valentin Cojanu, 2021. "The value of sacrifice in (post-)growth scenarios," Post-Print hal-03384636, HAL.
    3. Sing C. Chew & Daniel Sarabia, 2016. "Nature–Culture Relations: Early Globalization, Climate Changes, and System Crisis," Sustainability, MDPI, vol. 8(1), pages 1-29, January.
    4. Matthew Libassi & Nancy Lee Peluso, 2016. "Undergrounds above Ground: Four Views of Mining, Development and Society," Development and Change, International Institute of Social Studies, vol. 47(5), pages 1180-1195, September.

    More about this item

    Keywords

    world-systems analysis; environmental history; political ecology; capitalism as world-ecology; political economy;
    All these keywords.

    JEL classification:

    • P10 - Political Economy and Comparative Economic Systems - - Capitalist Economies - - - General
    • P48 - Political Economy and Comparative Economic Systems - - Other Economic Systems - - - Legal Institutions; Property Rights; Natural Resources; Energy; Environment; Regional Studies

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