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Between Quote by Ha-Joon Chang

“The truth is that the free movement of goods, people, and money that developed under British hegemony between 1870 and 1913 - the first episode of globalization - was made possible, in large part, by military might rather than market forces.” quote by Ha-Joon Chang
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“The truth is that the free movement of goods, people, and money that developed under British hegemony between 1870 and 1913 - the first episode of globalization - was made possible, in large part, by military might rather than market forces.”

Ha-Joon Chang

About This Quote

Source Book: 2010, "23 Things They Don't Tell You About Capitalism"

Early globalization was driven more by military power than market forces, shaping global trade patterns

In simple terms: Military force, not markets, powered early global trade

Key Takeaway

Consider the role of power in economic history

Themes

history economics globalization

Mood

analytical historical

Type

economic political

When to use this quote

  • Policy analysis
  • Education
  • International relations

Key Concepts

Imperialism Trade Military economics

Questions to Reflect On

  • How did military power shape modern economies?
  • What are the limits of market‑only explanations?
A Different Perspective

Overemphasis on military may ignore market dynamics

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