Demonstrating that globalization is a centuries-old phenomenon, From Silver to Cocaine examines the commodity chains that have connected producers in Latin America with consumers around the world for five hundred years. In clear, accessible essays, historians from Latin America, England, and the United States trace the paths of many of Latin America’s most important exports: coffee, bananas, rubber, sugar, tobacco, silver, henequen (fiber), fertilizers, cacao, cocaine, indigo, and cochineal (insects used to make dye). Each contributor follows a specific commodity from its inception, through its development and transport, to its final destination in the hands of consumers. The essays are arranged in chronological order, according to when the production of a particular commodity became significant to Latin America’s economy. Some—such as silver, sugar, and tobacco—were actively produced and traded in the sixteenth century; others—such as bananas and rubber—only at the end of the nineteenth century; and cocaine only in the twentieth.
By focusing on changing patterns of production and consumption over time, the contributors reconstruct complex webs of relationships and economic processes, highlighting Latin America’s central and interactive place in the world economy. They show how changes in coffee consumption habits, clothing fashions, drug usage, or tire technologies in Europe, Asia, and the Americas reverberate through Latin American commodity chains in profound ways. The social and economic outcomes of the continent’s export experience have been mixed. By analyzing the dynamics of a wide range of commodities over a five-hundred-year period, From Silver to Cocaine highlights this diversity at the same time that it provides a basis for comparison and points to new ways of doing global history.
Contributors. Marcelo Bucheli, Horacio Crespo, Zephyr Frank, Paul Gootenberg, Robert Greenhill, Mary Ann Mahony, Carlos Marichal, David McCreery, Rory Miller, Aldo Musacchio, Laura Nater, Ian Read, Mario Samper, Steven Topik, Allen Wells
“From Silver to Cocaine is an ambitious and novel application of the ‘commodity chain’ approach to the insertion of a whole continent into the world economy. It has no rivals.”—William Gervase Clarence-Smith, author of Cocoa and Chocolate, 1765–1914
“From Silver to Cocaine is an important and innovative collection. It provides a corrective to the purely national studies of commodities and of export sectors, and to studies that posit influence in only one direction, focusing on the international penetration of capital and trade into Latin America. This book makes a strong statement about the direction of future research: it should be required reading for anyone interested in the economic history of Latin America, broadly conceived.”—Edward Beatty, Kellogg Institute for International Studies, University of Notre Dame
Steven Topik is Professor of History at the University of California, Irvine. His books include The World That Trade Created: Society, Culture, and the World Economy, 1400 to the Present (with Kenneth Pomeranz) and Trade and Gunboats: The United States and Brazil in the Age of Empire. Carlos Marichal is Professor in the Centro de Estudios Históricos at El Colegio de México. He is the author of A Century of Debt Crises in Latin America: From Independence to the Great Depression, 1820–1930 and numerous books in Spanish. Zephyr Frank is Assistant Professor of Latin American History at Stanford University. He is the author of Dutra’s World: Wealth and Family in Nineteenth-Century Rio de Janeiro.
Introduction
Commodity Chains in Theory and in Latin American History 1
Steven Topic, Carlos Marichal, and Zephyr Frank
1. The Spanish-American Peso: Export Commodity and Global Money of the Ancient Regime, 1550-1800 Carlos Marichal 25
2. Indigo Commodity Chains in the Spanish and British Empire, 1560-1860 David McCreery 53
3. Mexican Cochineal and the European Demand for American Dyes, 1550-1850 Carlos Marichal 76
4.Colonial Tobacco: Key Commodity of the Spanish Empire, 1500-1800 Laura Nater 93
5. The Latin American Coffee Commodity Chain: Brazil and Costa Rica Steven Topik and Mario Samper 118
6. Trade Regimes and the International Sugar Market, 1850-1980: Protectionism, Subsides, and Regulation Horacio Crespo 147
7. The Local and the Global: Internal and External Factors in the Development of Bahia’s Cacao Sector Mary Ann Mahony 174
8. Banana Boats and Baby Food: The Banana in U.S. History Marcelo Bucheli and Ian Read 204
9. The Fertilizer Commodity Chains: Guano and Nitrate, 1840-1930 Rory Miller and robert Greenhill 228
10. Brazil in the International Rubber Trade, 1870-1930 Zephyr Frank and Also Musacchio 271
11. Reports of Its Demise ARe Not Exaggerated: The Life and Times of Yucatecan Henequen Allen Wells 300
12. Cocaine in Chains: The Rise and Demise of Global Commodity, 1860-1950 Paul Gootenberg 321
Conclusion
Commodity Chains and Globalization in Historical Perspective Carlos Marichal, Steven
Topik, and Zephyr Frank 352
Contributors 361
Index 365