The Evolution of Piracy :: Economy

The Evolution of Piracy The protection of allot in general has always been considered as essential to the defense of the commonwealth, and, upon that account, a necessary part of the duty of the executive power.INTRODUCTIONAdam metalworker lived in a turbulent and unpredictable world. Indeed Britain was an affluent democracy at the time, but that does not over-ride the sometimes-barbaric notions of its citizens. Piracy was rampant in the 18th Century reaching its peak in 1724 when trade almost came to a complete stop due to the constant threat of encountering pirates while at sea. The property-seeking vagabonds would hijack a ship, take what they wanted and either leave the work party to their own means in a damaged vessel or alternatively, enslave them and possibly use them for bartering later. Adam Smith when writing, An Inquiry into the personality and Causes of the Wealth of Nations, was all too aware of the threat that pirates were still having on trade in 1776. Smith was l ogical in his assumption that the severalize should strive to protect the trade industry whenever possible, especially since in those sidereal days the sun never set on the British flag and England control the seas. Although Britain cannot be blamed though for lack of trying, piracy still exists today. Yet, because the suffice continues at sea often far from land, it gains little media attention, and therefore little action from governments. China, despite being a number one producer of pirates, continues to deny that there is a problem while at the very(prenominal) time often pardoning those who are caught. Countries such as Indonesia and Philippines, which have been hardest beauty in the past few years by pirates, are facial expression for international assistance. The West is, of course, looked to for solutions yet choose seemingly chooses to turn a blind eye, perhaps in the name of diplomacy. When the world is ready to set upon the perpetual problem of piracy, it may d iscover that by intertwining tougher policies aimed at dealings with piracy with current or future trade negotiations, productive steps can be taken to initiate plans to curtail modern day sea wolves who prey on the helpless. The suggestion of Piracy Charters will be discussed further as the means of which to add the topic of to multilateral agreements. corpsePiracy is not something, which developed recently. The young Julius Caesar was kidnapped by pirates in 78 BC on a voyage to Rhodes and held for ransom.