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chewz · 2024-01-16 · Original thread
Venice was thalassocracy and never focused on real colonies - only military/trading bases. And it dominated Europe by the strength of ducat being both Venetian and global currency. Venice was skilled at setting gold to silver exchange rates - and maintained its monetary policy consistent for decades.

Venetian navy dominated Mediterranean due to high military budget but also first modern assembly line in Arsenal (Venetian shipyard) able of mass production of ships.

In other words Venice is very interesting and worth studying. Some of Venice's achievements still echo in XXI century.

> A thalassocracy or thalattocracy,[1] sometimes also maritime empire, is a state with primarily maritime realms, an empire at sea, or a seaborne empire.[2] Traditional thalassocracies seldom dominate interiors, even in their home territories. Examples of this were the Phoenician states of Tyre, Sidon and Carthage; the Italian maritime republics of Venice and Genoa of the Mediterranean; the Chola dynasty of Tamil Nadu in India; the Omani Empire of Arabia; and the Austronesian empires of Srivijaya and Majapahit in Maritime Southeast Asia.

https://en.wikipedia.org/wiki/Thalassocracy

> The Venetian Arsenal's ability to mass-produce galleys on an almost assembly-line process was unique for its time and resulted in possibly the single largest industrial complex in Europe prior to the Industrial Revolution.

https://en.wikipedia.org/wiki/Venetian_Arsenal

The Venetian Money Market: Banks, Panics, and the Public Debt, 1200-1500 - https://www.amazon.com/Venetian-Money-Market-1200-1500-Renai...

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