Were California, Texas, Florida, etc all poor until White People arrived?
Florida was poor (and empty) for like over a century *after* whites arrived, it didn't take off until the 20th centuryTexas and California yeah, although Texan wealth initially was also closely tied up with black slaves and cotton. California was gold, mostly mined by whites (though everyone tried to get in on it, even Chinese).
In 1700, Mexico's (New Spain) total economy was 5 times larger than that of the US colonies. By 1830, after independence (1820) the US economy was 3 times larger than Mexico's. Canada surpassed Mexico in wealth per person (GDP per capita) shortly after 1821.
>>18475365>In 1700, Mexico's (New Spain) total economy was 5 times larger than that of the US colonieslet me guess, it was significantly larger population wise
>>18475376Obviously. In 1770, New Spain had twice the population of the colonies. In 1830, the US had twice the population of Mexico.
Capitalism doesn't create wealth it centralises it and creates debt while stealing surplus value from the worker.
Under Spain those areas barely had any white population and that was mostly missions and isolated frontier outposts. Even under American rule Texas and California were about resource extraction, while South Florida was nothing. Miami was a cluster of shacks until the railroad arrived around the turn of the century. It took post WWII air conditioning to turn Texas, Florida and Southern California into the sunbelt boom regions we know today.
>>18475752How exactly would you measure this surplus value?
>>18475804>spain>white people?
>>18475318They were poor long after white people arrived because it wasn't until the 1950s-1960s that California moved on from primarily agriculture driven economies to housing most of the military and aerospace hardware. The rest of the southwest was likewise lacking in major industrial centers until investments were made in oil drilling and mining.