Did Pirates Pioneer Democracy? ...Middle East

Fencing booty is the most underappreciated problem of historical pirate logistics. Myths and stories about “going on the account” (as high-seas piracy was known during its late–seventeenth- and early–eighteenth-century golden age) have always played up the dramas of plunder and pursuit, the terror struck into the hearts of merchant sailors upon sighting black flags on the horizon, the unwashed roughneck crews and their ruthless captains. They are tales of swashbuckling, not bookkeeping. But what was a pirate boss to do, upon seizing a Spanish galleon and filling his ship’s hold to the brim with jewels and silks and gold doubloons? Liquidity was a challenge for pirates, too, since massive hau

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Did Pirates Pioneer Democracy? ...Middle East

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