Cotton, a humble fiber, played a pivotal role in the development of capitalism. This versatile commodity shaped global trade, fueled industrialization, and transformed societies around the world. In his groundbreaking book Empire of Cotton,historian Sven Beckert explores the complex relationship between cotton and the rise of capitalism. The Global Reach of … [Read more...] about Cotton: The Fabric of Capitalism
economic development
Debt-Trap Diplomacy: A Critical Analysis
The relationship between China and African nations has been a subject of intense scrutiny, with accusations of "debt-trap diplomacy" gaining traction in recent years. Critics argue that China's lending practices are designed to undermine the sovereignty of African countries, while proponents contend that these investments are mutually beneficial and contribute to … [Read more...] about Debt-Trap Diplomacy: A Critical Analysis