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E-book The Spanish Connection : French and Flemish Merchant Networks in Seville 1570–1650
During the time of Spanish splendor, at the peak of the Spanish Indies trade,the position of the rich merchants in Seville was remarkably strong. ?ey resid-ed at the hub between the European and the American economy and the com-mercial opportunities seemed endless. Based on recent literature and abundantsource material, this chapter gives a survey of the economic and social struc-ture of the city of Seville, which serves to set the scene for the commercial net-works of the following chapters. ?e analysis is focusing on the power groupswhich were involved in the commerce of the city. Special attention is givento the political context and the legal and illegal practices of the merchants,with emphasis on the various conìicts in the course of the Eighty Years’ War(1568–1648). ?ese considerations will serve in particular to give us a betterpicture of the early modern merchants’ practices in Seville. ?e position ofall foreign merchants will also be compared on a quantitative level to roughlyassess the situation of the Flemish and French merchants of the city. ?e period between 1570 and 1650 was often described as a time of crisis inEurope. Much has been written about this topic since the middle of the 20??century. It was the English historiography which has dedicated copious stud-ies to it.¹ Most of the theories assemble many different types of crises, such asdemographical, economical, social, or political – or they talk about a generalcrisis. Spain constituted a special case: the 16?? century is generally classiëedas one of grandeur, theSiglo de Oro,² while the early 17?? century is associat-ed with the beginning descent of Spain, theDecadencia.³ ?e reasons for the decline have been seen in various facts, such as the failure of the military,?misarranged ënancial strategies,? or the diminishing silver ìow from Ameri-ca.? ?e change from a time of glamor to one of demise did not come aboutsuddenly, it is generally believed that the turning point was in the transitionalperiod between the late 16?? and the beginning 17?? century.? During thesecrucial years, Spain, at ërst, rose to become Europe’s greatest power, but then itstarted losing much of its political and economical inìuence. Gradually, a newbalance of power emerged. With the military defeats in the second phase of theEighty Years’ War (1621–1648) and the ?irty Years’ War (1618–1648), thepolitical Spanish dominance in Europe slowly came to an end, meaning theend of the politicalSiglo de Oro español.
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