Modern Western Civilization Political Economic History
Updated 11/4/17            Return to Quick Notes History    
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Prelude:
 Humans began with speech.    Civilization came with agriculture and writing.     Industry began with energy.

Transport led to Trade
, then Money, Profit, Private Property and finally Nationalism.
 

  Period

  

Key
Inventions

Guttenberg Press1

Carrack Sailing Ships

Advanced Communication

       Internet 

Controlling Oligarchs

Church            
Monarchy

+ Politicians + Interest Groups + Billionaires
+ Social Media
Control
Method

Eternity in Hell or Heaven 
Physical punishment

  + Economic Rewards   + Political Rewards   + Self Interest
Economic System Feudalism Mercantilism
based on Gold.

  Capitalism

with managed currency and credit

 

Energy Source
 


Water and Wind
 


+ Steam 
 

 
+ Electricity
 

 
+ Oil
 


+ Atom      + Nature
 

Major Sources of Government Income
 

Surfs + Borrowing + Inflation
 

 + Tariffs
 
  + Corporate + Income Taxes
 
+ Payroll Tax
 
Conflicted Participants
 

Church and Monarchs
 

    +Countries  + Business
 
+ Cultural Philoophy
 
Who Pays Most to Government
 

Surfs + Savers
 

+ Farmers
 
+ Bankers + Business
 
 + Corporations
 
+ Individuals
 
 Who Has
 Most Wealth
 

Monarchs + Church + Bankers
 

 + Business
 
+ Corporations
 
+ Finance
 
 + Innovators + Workers
 

Government Waste

Wars

     

+ Excess Military Spending 
+ Misdirected Education Spending

Key
 Successful Government Contribution

Safety

   + Infrastructure

+ Sanitation + Health
+ R&D + Universal Education

 
+
Appropriate  Education
+ Security
 

Unintended Consequences of Government
 

Fear

     

Individual Dissatisfaction

What Wealthy Fear

Anarchy

     

Social Networks

See 1  Turning Points in Modern History  By: The Great Courses  Narrated by: Professor Vejas Gabriel Liuleviciusb

A Portuguese carrack,
as depicted in a
map made in 1565.