Just a moment...
Why did this happen? The simple explanation is the Mongol conquest. However, China recovered from that disaster under the Ming by most measures, and the institutions created under the Song were still extant when the Mongols were expelled in 1368.
Stephen Davies • Just a moment...
Étienne Fortier-Dubois added
Decline set in instead over the course of Mongol rule. While the Chinese market economy did not collapse, the serious damage inflicted during the Mongol conquest, the burden of ill-fated major invasions of Japan and Vietnam, ruinous inflation in the paper currency and a system of official discrimination against southern Chinese all contributed to t... See more
r/AskHistorians - Reddit
Étienne Fortier-Dubois added
The Song Dynasty might justly be considered the world’s first large-scale capitalist economy: land was privately owned, merchant families invested in joint-stock companies, international trade was open, harbors were improved, and Chinese ocean-based trade expanded throughout the Indian Ocean to East Africa and the Red Sea. A navy established in the
... See moreJeffrey D. Sachs • The Ages of Globalization: Geography, Technology, and Institutions
Étienne Fortier-Dubois added
The Yuan follow up on this by being super into global trade, commerce, and cultural exchange (whether anyone else wants to or not)... to the point where their shoddy economic policies, climate change, and the Black Death burn out the Chinese economy and throw the whole region in chaos (again)
Then the Ming comes in, saying "screw that, we're going b... See more
Then the Ming comes in, saying "screw that, we're going b... See more
r/AskHistorians - Reddit
Étienne Fortier-Dubois added
The Ming Emperors believed that Song policy had produced a weak, divided polity and had undermined the stability of traditional Chinese society.
Stephen Davies • Just a moment...
Étienne Fortier-Dubois added
During the same years as the rise of the Seljuks and Ottomans, China was experiencing another golden age, the Song Dynasty, which is dated from 960 to 1279 (figure 5.10). On the eastern border of temperate Eurasia, a newly unified and peaceful China entered a period of stunning technological innovation, population growth, and economic prosperity. C
... See moreJeffrey D. Sachs • The Ages of Globalization: Geography, Technology, and Institutions
At the base of the Song triumphs was the excellence of governance. The Song Dynasty has been termed “The Age of Confucian Rule.”