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Kings And Gangsters. War And The Economy

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Chapter Summary

South Asian, or for that matter Indian Ocean historians, such as Subrahmanyam, have emphasized the importance of Persian portfolio capitalism to the development of the Indian Ocean trade as a whole. In the seventeenth and eighteenth century the interior of middle class houses in both many cities of the Ottoman Empire and of Safavid Iran became increasingly lavishly furnished: a boost to imports as well as for manufacturing in either case. So, if after a sudden revolution, twenty years of continuous and bloody fighting with the mighty Ottoman Empire, and a renewed outbreak of civil wars, parts of Iran were still prospering it may be doubted whether war in India brought all economic activities there to a standstill.

Keywords: Ottoman Empire; Safavid Iran



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