Known for its canals, art and architecture, Venice also has a unique history in which they were able to gain exceptional economic power despite their relatively small size. Due to highly salinized soil and flood prone land, Venice had little agricultural ability, leading them to pursue trading with the Byzantine and Islamic worlds. Although they were under Byzantine control for a couple centuries, they became independent in 1082. Thus, the Republic of Venice was formed, with merchants and the cities council gaining more power over noble families.
At this point, Venice wasn’t incredibly unique, other Italian city states were profiting greatly by using their geographic position to trade with Africa, the Middle East, Western Asia and Europe. But Venice began to win the competitive edge over other city states. They did this by lending the catholic church and other European nations money and transport for a crusade to the Holy Land, even making what was essentially a joint stock company. The leader of this was the Venetian doge (duke) Enrico Dandalo, who was 85 and blind at the time of his dogeship, although that didn’t stop him from traveling with the crusaders. The crusaders encountered a problem when the European monarchs ran out of money before they could get to the Holy Land, resulting in Venice being quite angry. The heir of a deposed Byzantine emperor promised to pay Venice if they used their crusading troops to put him on the throne. Venice was able to convince the Catholic church to do so since the heir was also willing to convert to Latin Christianity. The heir, however, refused to abide to the contract, resulting in a Venetian sack of Constantinople in 1204, largely done by the troops of other European nations who never were able to make it to the Holy Land.
Not only was Venice able to establish trading posts all over the Byzantine empire, but they were able to steal many of Constantinople’s prized artifacts, including the famed horses that are found in St. Mark’s Basilica in Venice. They also managed to anger the catholic church, albeit with much more success than was usual for medieval Europe. Because of Venice’s economic power, the Catholic church was essentially unable to sway the Venetian empire. In pursuit of even greater domination, Venice warred with Genoa, who was the only other Italian trade empire that rivaled Venice, although Venice was still more successful that Genoa. Other powers were also attacking Venice at the time of their war with Genoa, but they were able to emerge victorious. Thus, Venice reached the height of their power, even gaining trading posts on the Italian mainland. Oddly enough, they maintained their wealth and influence throughout the Black Death, although it took a rather large toll on their population.
Like many other strong empires, Venice’s high point was quickly followed by its decline. Its decline began when Constantinople fell to Mehmet the conqueror, whose expansion campaigns likely caused an estimated 300,000 deaths. With the fall of Constantinople, the Turks were able to conquer Venetian outposts, thereby weaking Venetian influence. In addition to the loss of land, European nations were beginning to expand and explore trading options, traveling around Africa and, not long after, colonizing the New World. The last factor that led to their fall was the decline in egalitarian institutions and the increased control of Venetian elites, ending the Republic that once characterized the land.
Venice continued to decline, although its legacy lives on in its beauty and art that was brought about by its former glory and wealth. Perhaps the most interesting thing about Venice’s power is that it was held but an incredibly small, republic city state. They managed to exercise over the catholic church, while also having good enough relations to secure a somewhat friendly position. Much of the wealth and opulence still resides in Venice, acting as a testament to what the once were.
Sources
https://www.businessinsider.com/the-economic-history-of-venice-2012-8
https://www.thoughtco.com/history-of-venice-1221659
Images
https://www.britannica.com/biography/Canaletto
Landscape Visions: 8 Just as it is, Piazza San Marco, Venice