The cotton industry is fundamental to the development of global capitalism and broadly shaped the world we live in today. It is therefore important to realise the extent to which this depended on the militarisation of trade, massive land expropriation, genocide and slavery.
These days, expenditure on health amounts on average to some 9 per cent of gross domestic product in the prosperous nations of the West. Whether through direct taxation, social security, social health insurance or private means, it’s a substantial amount.
Jonathan Scott, Professor of History at the University of Auckland, in his recent book, How the Old World Ended (2019), has provided an intellectual bridge between the early modern period and the modern world, which was born out of the Industrial Revolution.