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Dutch satire on the South Sea Bubble, 1720
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Dutch satire on the South Sea Bubble, 1720
Dutch satire on the South Sea Bubble, 1720. The battle between the Bubble Lords and approaching poverty. The South Sea Bubble, (1711-1720), involved speculation in non-existant financial ventures; many people lost money
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Media ID 15166648
© London Metropolitan Archives (City of London) / Heritage-Images
Guild Guildhall Library Art Gallery Livery Company South Sea Company Stock Market
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EDITORS COMMENTS
This print captures a powerful Dutch satire on the infamous South Sea Bubble of 1720. The image depicts a fierce battle between the wealthy Bubble Lords and an approaching wave of poverty. During this period, the South Sea Bubble saw individuals speculating in non-existent financial ventures, resulting in significant losses for many people. The anonymous artist behind this engraving brilliantly conveys the concept of greed and its consequences. In the foreground, we see men and women dressed in elaborate attire representing the affluent class who profited from this speculative frenzy. They are depicted as arrogant and oblivious to the impending doom that looms just beyond them. Approaching from behind is a tide of destitution personified by impoverished figures struggling to survive amidst crumbling buildings and dilapidated surroundings. This stark contrast highlights not only the vast wealth disparity but also serves as a scathing commentary on political corruption and economic inequality. Located within Guildhall Library Art Gallery, this artwork offers us a glimpse into 18th-century Holland's socio-political landscape. It reminds us that unchecked greed can lead to devastating consequences for society at large. As we reflect upon history's lessons, let us remember how easily financial speculation can deceive even those with good intentions. May this thought-provoking image serve as a reminder to approach investments with caution while striving for fairer economic systems that prioritize social well-being over personal gain.
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