1500

Capitalism takes off

Culture

Capitalism in its modern form can be traced to the emergence of agrarian capitalism and mercantilism in the early Renaissance, in city-states like Florence. Capital has existed incipiently on a small scale for centuries in the form of merchant, renting and lending activities and occasionally as small-scale industry with some wage labor. Simple commodity exchange andContinue Reading

1500 Wikipedia Summary

Wikipedia Summary

Events January–June January 5 – Duke Ludovico Sforza recaptures Milan, but is soon driven out again by the French. January 26 – Spanish navigator Vicente Yáñez Pinzón reaches the northern coast of Brazil. February 17 – Battle of Hemmingstedt: The Danish army fails to conquer the peasants’ republic of Dithmarschen. April 22 – Portuguese navigator Pedro Álvares Cabral officially discovers Brazil, and claims the land for the KingdomContinue Reading

Brasil is discovered

History

Pedro Álvares Cabral (1467 – 1520) was a Portuguese nobleman, military commander, navigator and explorer regarded as the European discoverer of Brazil. In 1500, Cabral conducted the first substantial exploration of the northeast coast of South America and claimed it for Portugal. While details of Cabral’s early life remain unclear, it is known that he cameContinue Reading