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.”
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
Consider the role of power in economic history
Themes
Mood
Type
When to use this quote
- Policy analysis
- Education
- International relations
Key Concepts
Questions to Reflect On
- How did military power shape modern economies?
- What are the limits of market‑only explanations?
Overemphasis on military may ignore market dynamics