MMW 13 Lecture Notes - Lecture 11: Mehmed The Conqueror, Black Death, Medici Bank

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The print revolution led to an unprecedented production of books and the
establishment of printing house in Europe.
Fall of Constantinople
1453
Fall of byzantine empire to ottoman Turks
End of medieval period
Start of early modern period? 1492 -height of renaissance
1453: ottomans takeover Constantinople
Mehmed II
-
Shifts in control of trade networks
-
---black sea only ottoman merchants could use
---Venice -- stronger monopoly
---genoa -- alternate routes
Trade post 1453
Wars for afro-Eurasian commerce:
Ottomans
-
Mamluk Egypt
-
Sultanate
-
Venice
-
Renaissance
Renewed interest & diffusion of classical heritage Greece/ Rome in Europe
Greek scholars flight from Constantinople
-
Tradition had continued in Islamic world
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Preserved and diffused this tradition
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Reworking of heritage into Christian world
Shift in values from corporate to individual -- "The Birth of Venus"
Secular
Renaissance changes:
Consumption patterns
Nature of authority
Trading networks
Consumption patterns Latin Christendom
Frugality of medieval Christian Europe
Replaced by ostentatious displays
By 1500 Italy standard of taste/fashion
Trade
-
Commodities
-
Wealth
-
Economic reorientations
Italian city-states hit hard by black death
Profits from trade declined
-
Many Italian merchants abandoned commerce in favor of banking and industry
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Monarchs of Europe growing stronger -have larger armies
---Borrow money to pay armies
---Italian bankers
Roman church using bankers to borrow money
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Medici bank in Florence -- "it" bank
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---Christian value remained, but displayed wealth and individual
Trade reorientations
Pre 1400
-
Luxury commodities consumed by Christian Mediterranean from Islamic world
and China
-
Italian reorientations
After 1400, Italy primary purveyor of luxury goods to Latin Christendom (some
areas of eastern Mediterranean)
-
Impact on Islamic middle east
Depressed industrial economies of Egypt and Syria
Raw materials
Transformation in values
Conspicuous consumption
built fabulous church
-
Civic pride
Spending often motivated by civic pride and inter-urban competition
-
Personal status
House as palace takes hold
-
---filled with luxury items
Medici in Florence
-
---built "urban palace" (instead of a rural one), because closed to business
Lavished on religious art
-
---more for private, individual patrons; not for public display
Lec11 Rise of Italian States
Friday, April 27, 2018
11:01 AM
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