The Ottoman State
The Ottomans saw military expansion and fiscalism as the source of wealth, with agriculture seen as more important than manufacture and commerce. Western mercantilists gave more emphasis to manufacture and industry in the wealth-power-wealth equation, moving towards capitalist economics comprising expanding industries and markets whereas the Ottomans continued along the trajectory of territorial expansion, traditional monopolies, conservative land holding and agriculture.
Read more about this topic: Fall Of The Ottoman Empire
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“From this elevation, just on the skirts of the clouds, we could overlook the country, west and south, for a hundred miles. There it was, the State of Maine, which we had seen on the map, but not much like that,—immeasurable forest for the sun to shine on, the eastern stuff we hear of in Massachusetts. No clearing, no house. It did not look as if a solitary traveler had cut so much as a walking-stick there.”
—Henry David Thoreau (1817–1862)