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🌊 Ripple · counterfactual

What if Venice's trade empire had gone differently?

1300 · italy

Venice runs the luxury pipeline between Asia and Europe, and invents much of modern finance to do it.

If it had gone differently: Europe's window on Asian goods stays narrow and dear; the hunger that funds the Atlantic voyages is muted.

What it set up
  1. 1400The Italian Renaissance, Europe never rediscovers the classical world on its own terms; the break with the medieval mind comes later and shallower.
  2. 1492Columbus reaches the Americas, The Atlantic stays a barrier for generations; Europe's empires grow east, not west.
  3. 1498The sea route to India, Europe's trade with Asia stays overland and heavily taxed; the seaborne empires of the Dutch and English have no template.
  4. 1694The Bank of England is founded, Capital stays scarce and expensive; there is no deep pool of credit for canals, mines and mills.

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