History repeats itself. This concept applies not only within the realm of a singular nation's history but throughout and between nations. That is to say, that what one nation endures, throughout its economic and political history, may be compared to and be strikingly similar to that of many other nations. As we analyze social change thought the world we have noticed a cyclical pattern of histories, both economic and political, in the countries of Spain, Holland, Britain, and the United States.
I.Historical Periodization:
Throughout history and during alternating time periods, countries have grown from feeble entities, defeated by or ruled by the governing structures of foreign nations, to powerful nations. Between the fifteenth and the sixteenth century, SPAIN ruled as a great power among other nations. …