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  • / Rum and Economic History

How Rum Shaped Early Economic Systems: A Modern Look at “Alcoholic Capitalism”

Rum is often associated with flavor and culture, but its role in shaping economic systems is just as significant.

A recent Global News feature explores how rum helped shape early economic systems in Canada, including its role in trade, labor, and what has been described as “alcoholic capitalism.”

What makes this story particularly meaningful is that it was reported by Phil Carpenter, a recent graduate of the Certificate in Rum & Sugar Cane Spirits. The feature also includes insights from fellow graduate Jackson Long.

Their work reflects the kind of interdisciplinary perspective developed in the program, connecting history, commerce, and culture in ways that extend beyond the classroom.

Watch or read the full Global News feature:


For those interested in exploring rum beyond tasting into its historical, cultural, and economic significance, this is the kind of perspective the Certificate in Rum & Sugar Cane Spirits is designed to develop.

University of Lynchburg

  • About
  • Courses
      • Course Catalog
        • Fundamental & Career Training Programs
          • Ed2Go Fundamental Courses
          • Career Training Programs
        • AI
        • PDI Insights
          • Supporting Families at Life’s Most Difficult Moments
          • What It’s Like to Learn Inside a Working Distillery
          • How to Start a Career in the Cannabis Industry
          • How AI Is Changing Digital Marketing
          • Rum and Economic History
        • Arts
        • Business
          • Ed2Go Fundamental Courses
          • Ed2Go Career Courses
        • Cannabis Studies
          • Cannabis Career Certificates
          • Cannabis Certificates Information Sessions
            • Cannabis Virtual Information Session: Wednesday, April 22 • 7pm ET
          • Cannabis Employer Network
        • Digital Marketing
          • Short Courses
          • Certifications
        • Early Career Development
          • Career Readiness & Professional Presence
            • Resume Writing Workshop
            • Twelve Steps to a Successful Job Search
            • Individual Excellence
            • Professional Sales Skills
            • Effective Selling
          • Project & Operational Excellence
            • Project Management Fundamentals
            • High Speed Project Management
            • Project Management Fundamentals II
            • Supply Chain Fundamentals
            • Collaborative Problem Solving
            • Goal Setting and Workplace Efficiency Training
            • Productivity and Benchmarking
          • Leadership Foundations
            • Fundamentals of Supervision and Management
            • Fundamentals of Supervision and Management II
            • Building Teams that Work
            • Leadership
            • Understanding the Human Resources Function
            • Managing Customer Service
          • AI, Data, & Digital Fluency
            • Introduction to AI
            • Introduction to Machine Learning
            • Improving Digital Literacy and Computer Skills
            • Getting Started with Google Workspace
            • SQL Series
          • Workplace Communication & Influence
            • Effective Business Writing
            • Interpersonal Communication
            • Keys to Effective Communication
            • Get Assertive
            • Customer Service Training
            • Fundamentals of Professional Writing
            • Achieving Success with Difficult People
          • Financial & Career Stability
            • Personal Finance
            • Where Does My Money Go?
            • Stocks, Bonds, and Investing: Oh My!
          • Personal Effectiveness & Resilience
            • Certificate in Mindfulness
            • Certificate in Stress Management
            • Certificate in Meditation
        • Education
          • Teacher Professional Development
        • Human Resources
          • Fundamental Courses
          • Career Training & Professional Development
        • Medical / Healthcare
          • Medical Cannabis Specialist
          • Allied Health Career Courses
          • Health and Fitness Courses
        • Travel, Tourism, Hospitality
          • Hospitality & Tourism Career Courses
        • Technology
          • Fundamental Courses
          • Computer & IT Career Courses
        • UX / UI Design
        • Foundational Online Certificate Programs
          • Career Advancement & Professional Skills
      • All Courses
      • Basko
  • Graduate Programs
  • University of Lynchburg



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