ECONOMIC HISTORY,  TOOL OF ENLIGHTENMENT

Friday, August 22, 2025

II. KEEP PROFITS FROM BEING INVESTED

MENU: 2. KEEP PROFITS FROM INVESTMENT


WHY THAT WAS NECESSARY AND HOW IT WAS DONE 

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In brief

  • One can't bring in the harvest alone
  • Curbs on gain that villagers impose
  • The grandiose destruction of wealth
  • Elders, chiefs and kings
  • Ways whose logic escapes us 
  • Were (are) real aims recognized? 
  • Awareness of economies would avoid tragedies like this 
*     *    *
Next,
2.1.
One can't bring in the harvest alone... 
 

Posted by Catherine Aubin at 3:36 AM
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I GREW UP IN THE UNITED STATES

but spent some of my childhood in Paris with my French cousins. I earned degrees in the U.S. (Vassar B.A., Harvard M.A., Columbia Ph.D, all in history) and taught college history. I also studied at the Sorbonne and have spent most of my adult life in beloved Paris.

I am an accredited tour guide specializing in social history, though since covid I have mostly concentrated on these blooks.

A NON-PROFIT ORGANIZATION .

We organize tours and events.

Our roots reach back to 1985.

CONTACT

peftours@gmail.org
+33 (0)9 54 40 02 42

Web site in preparation.

MENU

  • 0. "Follow the money"
  • 0.1. Summary & contents
  • 0.2. Why choose Africa?
  • 0.3. Background as historian of Africa
  • 1. HINTERLNDS: FAST GROWTH DAWNS
  • 2. KEEP PROFITS FROM INVESTMENT
  • 2.1. One can't bring in the harvest alone
  • 2.2. Curbs on gain that villagers impose
  • 2.3. The grandiose destruction of wealth
  • 2.4. Elders chiefs & kings
  • 2.5. Ways whose logic escapes us
  • 2.6. Are the real aims recognized?
  • 2.7. Awareness of the economic base...
  • 3. CURB GRWTH: KINGS & RITUAL WAR
  • 3.1. Kings maintain the status quo
  • 3.1.1. Kngs gather wealth & mke it circulate
  • 3.1.2. "Absurd" succession practices
  • 3.1.3. Constraints of African kings...
  • 3.1.4. European kings' constraints
  • 3.1.5. Detour: Christ from shepherd to king
  • 3.1.6. Commercial peoples' subordination
  • 3.2. RITUAL WAR CANCELS WEALTH
  • 3.2.1. Limits of traditional wars & raids
  • 3.2.2. French warfare has similar aims
  • 3.2.3. Valor: nobles react to new capitalists
  • 3.2.4. Feudal valor / carnage WWI?
  • 4. The African past revisited
  • 4.1. Whites' dominance taken for granted
  • 4.2. Choice of a backwater
  • 4.3. CYCLES OF GROWTH. VIOLENCE...
  • 4.3.1. Legendary empires
  • 4.3.2. Ec. growth & future threat
  • 4.3.3. An upheaval. Kola. Routes to forest.
  • 4.3.4. Traders & textiles come to Djimini
  • 4.3.5. Communities that elders lead
  • 4.3.6. Divisible currency brings upheaval
  • 4.3.7. Djimini shows the struggle up close
  • 4.4. GROWTH & CONFLICT
  • 4.4.1. Storms in preparation
  • 4.4.2. Explorer taken for the messiah
  • 4.4.3. "Humble show masters their teeth"
  • 4.4.4. A theocracy amps up growth
  • 4.4.5. Then it contains it
  • 4.5. Back to Djimini: violence returns
  • 4.5.1. New forces menace
  • 4.5.2. Nambolossé
  • 4.5.3. The multiple deaths of Nambolossé
  • 4.6. PRODUCERS WIN THEN CRUMBLE
  • 4.6.1. Intensive slavery & economic growth
  • 4.6.2. Adapting Islam...
  • 4.6.3. Samory's legend skips the raided
  • 4.6.4. Detour: Nationalist history...
  • 4.6.5. Samory & the Senufo Judas
  • 4.6.6. Col. conqust does nt bring ec contrl
  • 4.6.7. Slaves freed. Economies collapse.
  • 4.7. Islam: a non-Western topic?
  • 4.8. AFRICANS TAKE CENTER STAGE
  • 5. FRANCE: SIMILAR CHANGE
  • 5.1. Growth breaks loose
  • 5.2. GROWTH & "WARS OF RELIGION"
  • 5.2.1. Violence nothing to do with religion
  • 5.2.2. "Season" of Protestant massacre
  • 5.2.3. Protestants separate themselves
  • 5.2.4. Trad. faith defends brakes on gain
  • 5.2.5. The new faith shatters them
  • 5.3. MONARCHS SEIZE THE REINS
  • 5.3.1. Growing economies - stronger kings
  • 5.3.2. Stronger kings disperse wealth
  • 5.3.3. Detour: Fr. monarchy's lasting éclat
  • 5.3.4. French Baroque's sobriety
  • 5.3.5. Spain: no civil war Prots no capitalsts
  • 5.3.6. Defeatng archaic opponents of grwth
  • 5.4. Super-spending returns
  • 5.4.1. Celebrations
  • 5.4.2. Favorites
  • 5.4.3. Creation. Destruction. Replacement
  • 5.4.4. The Hall of Mirrors
  • 5.4.5. Detour: comparable change
  • 6. THE ULTIMATE ANTI-CAPITALIST
  • 6.1. Does Louis need another palace?
  • 6.2. No water!
  • 6.3. Gargantuan works bring (some) water
  • 6.4. Neutralisation & circulation of wealth
  • 6.5. Outlawing Prots. brngs caps. to heel
  • 6.6. Detour: a faith specific to France
  • 6.7. Detour: rescue of Jews
  • 7. Controls on profits start to crack
  • 8. HISTORY THAT ILLUMINATES
  • Senufo hero

THIS CHAPTER'S TITLES

  • ▼  2025 (65)
    • ▼  August (13)
      • "FOLLOW THE MONEY"... 20,000 LEAGUES UNDER THE SUR...
      • 0.1. SUMMARY AND CONTENTS
      • O.2. WHY CHOOSE AFRICA?
      • 0.3. MY BACKGROUND AS A HISTORIAN OF AFRICA
      • I. HINTERLANDS AT THE DAWN OF SUDDEN ECONOMIC GROWTH
      • II. KEEP PROFITS FROM BEING INVESTED
      • 2.1. ONE CAN'T BRING IN THE HARVEST ALONE
      • 2.2. CURBS ON GAIN THAT VILLAGERS IMPOSE
      • 2.3. THE GRANDIOSE DESTRUCTION OF WEALTH
      • 2.4. ELDERS, CHIEFS AND KINGS
      • 2.5. WAYS WHOSE LOGIC ESCAPES US
      • 2.6. WERE — ARE — REAL AIMS RECOGNIZED?
      • 2.7. AWARENESS OF ECONOMIES WOULD AVOID TRAGEDIES ...
    • ►  July (8)
    • ►  June (16)
    • ►  April (6)
    • ►  March (4)
    • ►  February (10)
    • ►  January (8)
  • ►  2024 (23)
    • ►  December (7)
    • ►  November (16)
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