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The seventeenth century has been characterized as "Latin America's forgotten century." This landmark work, originally published in 1973, attempted to fill the vacuum in knowledge by providing an account of the first great colonial cycle in Spanish Central America. The colonial Spanish society of the sixteenth century was very different from that described in the eighteenth century. What happened in the Latin American colonies between the first conquests, the seizure of long-accumulated Indian wealth, the first silver booms, and the period of modern raw material supply? How did Latin America move from one stage to the other? What were these intermediate economic stages, and what effect did th...
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