History 101: how silver turned Potosí into ‘the first city of capitalism’

A great article regarding Potosi, by The Guardian: Story of cities #6: how silver turned Potosí into ‘the first city of capitalism’ The discovery of a mountain of silver (and a new way to extract it) transformed this remote Incan hamlet into the economic centre of Spain’s empire – larger than London, Milan or Seville.Continue reading “History 101: how silver turned Potosí into ‘the first city of capitalism’”