Nicolas10 said:
I'll clearly need to stop wasting my effort, but Masada's refutation of any Spain analysis as requiring "perfect hindsight" is flat-out ridiculous.
It does require perfect hindsight. Provide me with evidence that anyone in Spain at the time was aware of its deep systemic issues and had a realistic plan for how to cure them. Hint: investing in infrastructure isn't, wasn't and would never be recommended by any economist as a cure considering that it would, you know, exaserbate the problems.
Nicolas10 said:
The quick analogy is to a professional athlete or rap star. You may see a ton of new cars in the driveway and tons of money being thrown about, but what's going to happen in 20 years? If he's not investing in anything, and the money well's dry up, then what's going to happen to his economic power?
Good analogy poor understanding of the limitations of policy and knoweldge at the time.
Nicolas10 said:
Just like it wouldn't take a genius, if you actually traveled through Spain during its era of power, to see that it was far more backwards and less developed then other areas of Europe... and see that as a problem. Given that the diplomats, Merchants, priests, and military men of Spain traveled all ove Europe, it's not like they were ignorant of the increasing urbanization taking place all over Europe.
Except, broadly speaking, it wasn't. Sure, it was peripheral to the main action but it wasn't that far behind and it wasn't inconcievable that it could, and would, eventually catch up. Also, it wasn't like anybody knew the factors that drove urbanization or had the institutional means of replicating or complementing them in the first place. Besides, we weren't talking about urbanization earlier either, I seem to remeber technology and infrastructure being the operative thrust of your arguement.
Nicolas10 said:
Spain was massively technologically backward... but it didn't have to be.
You haven't provided any evidentiary basis to suggst it was. France banned cloth buttons, cotton calicoes and spinning machines till the Revolution but nobody describes them as being 'massively technologically backward'. It levied punative taxes on its people and levies on transport. It had arcane legislation from the production of just about everything: wool had to use a certain type of carding comb. In-fact it did everything possible to ****** technological improvement and far more importantly implementation and yet it avoids the epithets thrown at Spain.
Nicolas10 said:
It chose to continually rely on other nations for innovation, production capacity, and seafaring skills. It chose to continue to pay everyone else, never being ready for when the New World riches started to peter out.
I'm yet to see any evidence or context for the supposition that Spain was inferior in all those respects or that those choices it took were inherantly inferior. I'll use Maddison (2007) to show you my perspective. For 1500, 1600, 1700 and 1820 he cites
Spanish GDP per capita in 1990 international Keary-Khamis dollars as $661, $853, $853, and $1008 respectively.
The United Kingdom* is larger at $714, $974, $1250, $1234 per capita.
The Netherlands is still larger than the UK and Spain at $761, $1381, $2130, $1838 per capita.
Spain is only marginally poorer than
Italy is $1100, $1100, $1100 and $1117.
The same applies to
Germany* which is $688, $791, $910 and $1077 respectively.
While
France -- an economic 'titan' -- is only slightly richer again, with $727, $841, $910 and $1135.
So while Spain is somewhat poorer it isn't by much. Remeber as well that GDP per capita has a direct correlation to productivity and frankly I can't see any evidence that it was as behind as you claim.
*the figures are dervived from modern borders for ease of comparision.
Nicolas10 said:
And Henry Kamen has spent 20+ years of his life researching Spanish influence and development in that 300-year period. He has written two highly acclaimed works, first on Philip II and then the one I already reference.
Great. I'm sure he's a smart man. I would need to examine his arguements in detail but what you've presented as his isn't all that awe inspiring. It sounds more like a Keynesian/Developmentalist/Institutionalist account of development all of which originated in the middle part of last century and represent collectively a
complete revolt against the economic theory and dogma of the past. Basically, its a sound critique of the problems but it doesn't represent a viable plan of action for change, at the time, considering that the fundimental underlying philosophical basis for it won't be invented for a few centuries.
Nicolas10 said:
But the Spanish example is one where short-sited decisions made long-term decline inevitable. To shorten a complex topic, the problems were urbanization and religion.
I'm not going to comment on the specifics simply because their unquantifiable. But I'll suggest this: if an economic policy is good after a decade your not trying hard enough. This is even more true of the pre-industrial world where you couldn't even realistically assess the impact of a given policy because you didn't even have the tools to do so. Aside from going down on the ground and talking to people -- and I've done that, its a horribly inefficient means of gauging policy impacts -- you haven't got National Accounts, research, papers or any sort of methodological or analytical framework from which to approach the issue.
Nicolas10 said:
Infrastruture, by definition, means urbanization.
That is false.