Colonialism and capitalism have been entangled since the sixteenth century

Evidence

This is where the long history of colonialism’s entanglement with capitalism helps us move beyond the sound and fury of contemporary scandals and grasp the longer pattern of resource appropriation that gives shape to today’s developments. Long before Karl Marx identified it as a force in the world, capital was already expanding in the sixteenth century, in the period most commonly identified with historical colonialism and the emergence of the Spanish, Portuguese, and British empires. Capital was acquiring new territories from which to extract resources and new bodies from which to extract labor. Those close relations between colonialism and capitalism (indeed, between colonialism and modernity in general) are important to our story; they help us grasp what is distinctive about the current expansionary phase of capitalism. — Nick Couldry & Ulises A. Mejias, The Costs of Connection, 41

Categorization

  • XREF: Frames the deep-history argument that lets wereads compare data colonialism against plantation/imperial extraction literature. — connects to: Colonialism created the conditions for modern capitalism’s emergence — Nick Couldry & Ulises A. Mejias, The Costs of Connection: How Data Is…, 251; Late capitalism marks a qualitative shift beyond both monopoly capitalism and colonial rivalry — Fredric Jameson, Postmodernism, or, The Cultural Logic…, 27; Latin American underdevelopment results from capitalist incorporation dating to the sixteenth century — Hall, Stuart, Essential Essays, Volume 1, 606 (+13 more)

Broader Connections