Hudson, Michael
The Collapse of Antiquity
- ISBN 13:
- 9783949546129
- author:
- Hudson, Michael
- format:
- Paperback
- publisher:
- ISLET
- language:
- English
- Publication Year:
- 2023
- Pages:
- 512
- Dimensions:
- 24.4 x 17 x 2.6 centimetres (0.5
- Genre:
- Business, Accounting, Financial,
- Condition:
- New
- Availability:
- Item usually sent within 5 working days
Description
The Collapse of Antiquity: Greece and Rome as Civilization's Oligarchic Turning Point Michael Hudson explores the pivotal role of interest-bearing debt in the rise of rentier oligarchies in classical Greece and Rome, leading to economic polarization, austerity, and the collapse of the Roman Empire. This vast and sweeping narrative reveals the eerie parallels between the ancient world and today's debt-burdened Western economies. Hudson examines the transmission of debt from the Ancient Near East to the Mediterranean, the emergence of creditor and landholding oligarchies, and the devastating consequences of debt crises and revolts. He also delves into the role of greed, money-lust, and hubris, as analysed by ancient writers, and the lasting impact of Rome's "End Time" collapse into serfdom and pro-creditor oligarchic legacy. This book offers a compelling and thought-provoking analysis of the debt crisis that shaped Western civilization, and its relevance to our own time.