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‘Production Versus Plunder’ ~ Part 11
by Paul Rosenberg
The Daily Bell
As many of us have noted (loudly and often), centralization is the executioner of liberty and prosperity. That truth is seen very clearly in the history of Rome.
Continued from last week…
THE ECONOMIC FALL OF ROME
This slave economy was a crucial factor in the fall of Rome. Rome’s reserves increased steadily through foreign conquests. (They quadrupled between 200 B.C. and 70 B.C., for example, then doubled again in the 60s B.C.) Under the Empire, the city of Rome was highly subsidized, with roughly 15 to 25 percent of its grain supply being paid by the central government. Julius Caesar found 320,000 beneficiaries in Rome – one in three. Claudius (41-54) had 200,000 heads of families getting free wheat. Commerce and industry played small roles; the economy was based upon conquest and upon agriculture, and other forms of commercial activity were looked down upon.
Continue Reading at TheDailyBell.com…
Source: http://financialsurvivalnetwork.com/2015/06/production-versus-plunder-part-11/?utm_source=rss&utm_medium=rss&utm_campaign=production-versus-plunder-part-11
