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Re:Moroccan Battle's Role in Birth of Dutch Capitalism and VOC by lamdauf on Monday October 30, 2023 @12:12PM (#38071450)
TL;DR: The Battle of the Three Kings in Morocco set off a chain of geopolitical events that greatly influenced global trade. Portugal's young King Sebastian's death in this battle indirectly led to Spain's dominance over Portugal, prompting trade blockades against the Dutch and British. This challenge pushed the Dutch to innovate, leading to the rise of capitalism in the Netherlands and the establishment of the world's first stock-traded company, the Dutch East India Company.

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