By D N Ghosh

Company and Polity explores, via a number of fiscal and political formations during the last and a part millennia, correct from the Greco-Roman civilization to offer day globalization, the habit of 2 energy networks: those that keep watch over the levers of political strength and those that have interaction themselves in wealth-generating actions. It strains the dynamics of interdependence among those robust networks and what occurs while one or the opposite turns into extra robust. The rational and logical process taken via the writer unearths the hyperlinks that our sleek scenario has with the adventure of prior civilizations wisdom which could almost certainly increase our skill to make educated judgements to form the worldwide destiny. notwithstanding the content material is educational and interdisciplinary in scope and nature, its lucid presentation will attract a variety of readers who're attracted to geopolitical concerns and monetary, political and company heritage.

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There is no escaping the sheer scale and the degree to which the Greek society was dependent on slavery; free labour was almost unknown. The idea of exploiting slave labour was an integral part of the classical Greek mindset and management of slave labour was the key to economic prosperity. Slaves accounted for nearly a third of the population of Athens. Slaves were found in every area of society, from the police force and workshops to estates and individual households (Ponting, 2000). But while Athens had nearly a 100,000 slaves, they enjoyed a status quite different from the common sense of the term.

2 So magistrates were drawn only from the wealthiest classes, while other offices were open to second and third classes but not to the thetes. A property census was established, not unlike that in China in the early empire days and what would happen much later in England, the United States of America (USA) and other Western countries in the 18th and 19th centuries. Though the thetes were denied participation in the executive running of the government, they were given full membership of the assemblies, with full freedom of discussion.

The conservative commentator Xenophon (430–354 bc) has noted this shift from an embedded to a market economy. Aristotle saw it as ‘the moneyed mode of acquisition’ or ‘making money from one another’. The emergence of wealth as a monetary asset began to adversely affect traditional values and methods, and Aristotle rued the replacement of the earlier system by impersonal coined money. The 5th and 4th centuries bc were the watershed between the Dark Ages and the flourishing Mediterranean Civilisation in the late first millennium bc.

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