Latest / The History of Portugal: The Small Nation That Built a Global Empire — Fexingo History
Portugal's Monopoly on the Spice Trade and Its Collapse
In this episode, Lucas and Luna explore how Portugal built and then lost its monopoly on the spice trade, the economic backbone of its empire for over a century. They trace the early monopoly established by Afonso de Albuquerque's capture of Malacca in 1511, the savvy use of the cartaz system to control Indian Ocean shipping, and the surprising role of the House of Fugger in financing the Portuguese crown. The conversation delves into how the consolidation of the Estado da Índia under governors like João de Castro secured Portuguese dominance, only for it to unravel under the Iberian…
The skinny
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