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Uppdaterat dec 2005
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The world market system ca 1550. The center is Western Europe, and an alliance of the Spanish military monarchy and Genova's bankers are hegemonic. Together, they have built a power structure on subduing parts of Amereica, and, thanks to the American silver, control over Europe's credits. In Eastern Europe, the upper classes have begun to enslave its peasants for raw materials export to the center. The peripheries are small, and a great part of the burdens has to be loaded on the direct producers of the center.
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