The Collapse of Antiquity: Greece and Rome as Civilization’s Oligarchic Turning Point, by Michael Hudson

Mar 25th 2023 8:11pm EDT

The Collapse of Antiquity, the sequel to Michael’s “…and forgive them their debts,” is the second and latest book in his trilogy on the history of debt. It describes how the dynamics of interest-bearing debt led to the rise of rentier oligarchies in classical Greece and Rome, causing economic polarization, widespread austerity, revolts, wars and…

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