By M. Rostovtzeff
ISBN-10: 1597401145
ISBN-13: 9781597401142
A two-volume set that widely connects the social and fiscal forces that formed the Roman Empire. This electronic version used to be derived from ACLS Humanities E-Book's
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Extra info for The Social and Economic History of the Roman Empire, Volume 2 (2nd Edition)
Example text
Compensation for Transformation Costs Opening and instituting markets led to massive social dislocation and threatened disruptive social and political conflict. One way of coping with the challenges was to compensate economic actors and citizens for the costs of transformation, and so elicit their support or at least secure their acquiescence in the face of uncertainty and economic hardship. 49 Before characterizing the varied measures adopted, some issues need to be clarified in advance. 50 Although political discourse tends to contrast industry subsidies with social welfare expenditures on the realistic basis that 49.
One way of coping with the challenges was to compensate economic actors and citizens for the costs of transformation, and so elicit their support or at least secure their acquiescence in the face of uncertainty and economic hardship. 49 Before characterizing the varied measures adopted, some issues need to be clarified in advance. 50 Although political discourse tends to contrast industry subsidies with social welfare expenditures on the realistic basis that 49. 137–41. 50. Our interpretation resonates with Polanyi’s ideas.
Matrixes of Institutions and Performances The two decades since the collapse of socialism provide a convenient time frame for examining the peculiarities of the three regimes in greater detail. 43 Punctuated by major crises, the period 1989–98 includes the historical turning points at which key decisions on the shape of postsocialist capitalism were taken. The following decade of 1999–2007 brought about consolidation, but eventually saw fierce struggles over the distribution of gains and losses.
The Social and Economic History of the Roman Empire, Volume 2 (2nd Edition) by M. Rostovtzeff
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