Categories: AFRICA

Netherlands was a leading power at the time of Mercantile capitalism some 400 years ago


Read Time: < 1 minute

Netherlands was a leading power at the time of Mercantile capitalism some 400 years ago. It is a country with little natural resources or minerals. It is tiny in geographic size. It set up the first share holding company in human history when wealthy Dutch traders combined to form the Dutch East India Company to become the gateway for trade goods from Asia and Africa into Europe… It effectively cut out India as the Middleman to Asian trade and then it colonized the sources of spices in Malaysia and a Indonesia. The success of the DEIC lay in cheap prison labour availed by the Dutch Government, and permission to rob and sink the ships of competing powers and, of course slavery and the slave trade. Many of the leaders of the anticolonial struggles in the Far East were captured and brought to the Cape as slaves, the source of Islam in South Africa.


Godfred Meba

View Comments

Recent Posts

Talon has arrested opponents, locked them up without charge…

I am just wondering why Ghanian soldiers should be made to face the possibility of…

20 hours ago

KPANDAI PARLIAMENTARY ELECTION PETITION

KPANDAI PARLIAMENTARY ELECTION PETITONDownload

20 hours ago

SMG’S STATEMENT ON BENIN ATTEMPTED COUP

The crisis unfolding in Benin today is not an isolated issue or a simple domestic…

3 days ago

Paramount Chief of Kpandai calls for peace ahead of rerun election

The chiefs of Kpandai stepped up, calling for peace before the rerun election. After the…

3 days ago

KWESI PRATT JNR CONGRATULATES HIS EXCELLENCY FORMER PRESIDENT JOHN AGYEKUM KUFOUR ON HIS 87TH BIRTHDAY

Former President John Agyekum Kufour This is a very special salute for my very good…

4 days ago