Notes On Price Mechanisms That We Have Today, Like The Spice And Silk Trade Routes

“Karl Polanyi, a historical anthropologist at Comlumbia University, argued that market economies, private profit seeking, and capitalism were a peculiar and unnatural way of structuring an economy.”(The Worlds History, Spodek, ch.12, p.375) Polanyi also discussed how back in ancient times, trading was meant to provide and benefit the whole society, not personal benefit like the free market economy was. Another historian, Philip Curtin, agreed with Polanyi is many ways; except that there was historical proof there was individual, personal trading going on in ports and throughout long distance routes back in the earliest times. (The Worlds History, Spodek, 2001, Ch. 12)

1. Trade networks in the post-Classical era has seen a range variety of the established and new networks of people’s exchanges crossing several regions. Extraordinary amount of wealth and growth emerged through cultural exchanges. Advanced transportation, the many different governing policies and business practices led to the widespread connection of networks which also contributed to the cultural, biological and technological spread throughout societies.

Throughout early history, civilizations often sought to receive resources from afar to sustain their societies and keep themselves thriving, and to this end trade relations and eventually trade routes began to emerge. This aided civilizations in their discovery of foreign items that they may use to better their societies. These items traded ranged from complex technology to something as simple as nutmeg. The main trade routes that were utilized in East and South Asia were the silk road and the Indian Ocean Trade Network. In the 7th- 12th centuries, both the silk road and Indian ocean trade route had affected east and south Asia by the introduction of religions such as Buddhism changing government forms and altering the belief systems of society and changing how individuals live their daily lives, however differences were present in the impact that these routes had on daily lives, such as the Indian Ocean Trade Route giving rise to an entire new culture in Africa known as the Swahili and leading to the innovation of the sailing boat known as the Dhow, and the silk road led to the transmission of religion and resources throughout Eurasia and it led to utilization of caravans and animals as a means of trade.

While the Indian Ocean and Silk Road were different as trade networks with respect to the spread of Religion and the process of travel, they were similar in terms of the spread of disease through trade.

    During the Classical Era, Europe, Asia, Africa, and the Middle East all existed relatively isolated from each other, with minimal interaction. By the end of the Classical Era, trade routes had developed and connected the regions. This created cultural diffusion and led the world into the Post-Classical ERa. During this era, trade networks impacted civilizations and culture by creating a more tolerant global climate, increasing and improving education, and speeding different religions across the land. These trade routes still impact the world today, often bringing controversy with such effects.

During the period of 600- 1450, the eastern hemisphere was connected through many trading routes. Although both the IOT and SR resulted in immense wealth being created, the IOT promoted islam through its ocean voyages and the SR supported Christianity through the overland routes, and it had more drastic effects on society.

The Silk Road and Columbian exchange have many similarities and differences. The Silk Road and Columbian exchange are both in about the same places in the world.The Silk Road and Columbian exchange both have different ways to trade and they both had different things to trade and exchange.The Silk Road and Columbian exchange had different and similar ways to travel around and both of them had different famous people.

The Silk Road which started in 200 BCE and ended it in 1450 CE has its own changes and continuities. Trade flourished between the Asian and Europe at the time and as time went on its sole purpose of trading expanded to many other purposes and affect not only the area it contacted. Although there were many continuities during the time but it has more significant changes that occurred and also impact the world.

We as a world together have been through a lot of changes and made a lot of advances over the past couple of centuries. Many have argued about the outcome of the European expansion on the Americas. Some people feel that the Europeans had both a positive and negative impact on the expansion; however, the negative impact gave a devastating result, which would continue to change history for almost four hundred years. The Europeans were manipulative towards to indigenous people of the Americas. They exploited them, using them as their personal slaves. Most importantly, they silently murdered the Natives by introducing them to diseases such as the measles and smallpox. Consequently, a small pox epidemic was caused, which resulted in the

Though one may favor exchange processes that conclude with a social association that values the idea of equality, however Blau states that exchange processes can “give rise to differentiation of power” (Blau 1964: 114), which results with relation to superordination and subordination. Blau explains this disequilibrium as a result of needs for resources from unlike partners and efforts among equals to gain advantages over the other (Blau 1964: 114). Relating to intrinsic rewards, if one counterpart gains a reward from the exchange, the other counterpart expects repayment in the form of future wards – hence the principle of reciprocity (Blau 1964: 121). Reciprocity between unlike counterparts creates this sense of imbalance

The Silk Road was an intricate and evolving network of overland trade routes that linked China, India, and western Eurasia for centuries. The trade route was key to the diffusion and transportation of technology, goods, religions, and language throughout Asia, the Mediterranean, Africa and southern Europe. As the strongest link between major population centers in the largest landmass on earth, the Silk Road was one of the most important of all long-distance trade routes in human history.

Long before there were trains, ships and airplanes to transport goods from one place to another, there was the Silk Road. Beginning in the sixth century, this route was formed and thus began the first major trade system. Although the term “Silk Road” would lead one that it was on road, this term actually refers to a number of different routes that covered a vast amount of land and were traveled by many different people. Along with silk, large varieties of goods were traded and traveled along this route both going to and from China. Material goods were not the only thing that passed along this path, but many religions were brought into China via the Silk Road. These topics will be discussed in detail in this paper.

Many thousands of years ago, upon the earliest creations of civilization, there were two thriving civilizations. Both of which knew little to nothing about each other’s existence. In this ancient world, there was no connection of the two civilizations, no trade in commerce or culture. It was not until the second century BC that Europe and Eastern Asia interacted in a significant way. What is known as “The Silk Road” was established during the Han Dynasty of China, it was a network of trade routes that created a link between these two regions during this ancient world (ancient.eu). Though these routes have history prior to the Han Dynasty, this is when many historians see the routes in full practice. This time during the second century BC was crucial in the connection of these separately thriving civilizations, connecting them through commerce, religion, and exploration.

Before the age of exploration, spices changed hands many times on their way to Europe-

What also characterizes market society is the emergence of the concept of “fictitious commodities”. Fictitious commodities refer to labor, land, and money (Polanyi 72). “fictitious” implies that they are actually not commodities (Polanyi 72). They are turned into commodities for the effective operation of market society (Polanyi 72). In market society, everything is provided as a commodity. As the major elements of industry, labor, land , and money need to be provided for maintaining productivity and they can only be provided when they are on the market for sale (Polanyi 72). Differently, “Under the feudalism and the gild system land and labor formed part of the social organization itself ” (Polanyi 69). Land were crucial for feudal order, status and function of which “were determined by legal and customary