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The World that Trade Created - Book Report/Review Example

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The World that Trade Created

Pomeranz's subject of interest is China whereas Topic concentrated more on the history of Latin America.
The book reads like a fiction, the chapters are in chronological order and the book is divided into small articles that focus mainly "on the nature of the world economy and the forces that shape it." The chapters are simple and easy to understand. The stories in The World that Trade Created were first published in the column "Looking Back" that were compiled by "Will Swaim", but later they were brought together and arranged in the form of a book by Pomeranz and Topic.
The book begins by highlighting the early modern markets and how they functioned, moreover it examines the significance of drugs for example "coffee, tobacco and opium" on trade market and how transportation played a vital role in further developing and enhancing business growth and commerce to far-away markets.
The essays provide valuable information regarding the role of trade markets of places like Asia, America, Europe, Africa and Aztec, and the different products named, sugar, coffee, potato, corn, and silver, rubber and many raw materials that became useful commodities for the businessmen.
The themes of the book are intriguing and evoke a favorable response from the reader, for instance, the description of the origin of coffee, the association between drug market and tea and the slave trade etc is worth reading. Furthermore, there are thousands of useful and inspirational quotes throughout the book.
In the first few chapters the author talks about the Aztec Indians who were known for trading of the products like, "rubber, chocolate, Jaguarian Pelts. The authors successfully describe "globalization" in detail and their efforts are highly appreciable.
Pomeranz and Topic have energetically and sincerely valued the works of many writers like Adan Smith, David Ricardo, Malthus and others without any prejudice, they have also criticized the Americans for being "Eurocentric" and bias, he warns them to overcome their shortcomings before it is too late.
Despite the gist of the book there are many illustrations that evoke a favorable response from the reader. The most captivating essays of the book are the description of the rise and fall of the people of "Potosi." Potosi today is a small town in "Bolivia" which was once known as the most affluent cities on the globe, the source of their wealth derived from the several silver mines located there, due to economic collapse the mines no longer exist and so does the beauty of the place, so today "Potosi" survives just like any other ordinary village.
Though there are several facts and quotations described in the book but anybody would doubt it being relevant because the source of the data is not provided by the authors. There were some parts of the book that were very repetitive boring and dull, the reappearance of some of the events creates a lot of confusion. Furthermore the major flaw in the book is describing "Andorra" as "the centre of the world" which has no authenticity; here the writers have failed in providing a convincing fact for the audience.
According to Michael Adas, "Drawing on an impressive range of sources from virtually every region of the world, Pomeranz and Topic ...Show more


Kenneth Pomeranz is a professor of history at the University of California, Irvine, his first book Hinterland: State, Society and Economy in Inland North Chine, 1853-1937, won the John King Fairbank award of the American Historical Association as the book of the year in modern East Asia history (back cover).
Author : rosanna98
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