COLUMN. To win the cultural and intellectual battle, Europe must staunchly defend its model, writes the economist in his column, dismantling the narrative of a 'declining' continent.
Colonies filled some pockets but for the states, most of the time they were a money drain. Especially when effective colonization (as in taking control of vast territories and “civilize” the people) took place. The real profitable moments were mostly due to trade/piracy, and not territorial control, which is very expensive.
Colonies filled some pockets but for the states, most of the time they were a money drain. Especially when effective colonization (as in taking control of vast territories and “civilize” the people) took place. The real profitable moments were mostly due to trade/piracy, and not territorial control, which is very expensive.