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Thread: Elites engage in commerce by proxy

  1. #1

    Elites engage in commerce by proxy

    Elites engage in commerce by proxy ....
    Perhaps one should give thought to doing the same?

    Physiocracy

    Precursors

    Physiocracy is an agrarianist philosophy which may trace its origins to various sources. During the latter period of the Roman Republic, the dominant senatorial class was not allowed to engage in banking or commerce but relied on their latifundia, large plantations, for income. They circumvented this rule through freedmen proxies who sold surplus agricultural goods.

    After the decline of the Roman Empire, de-urbanization led to commerce and trade ceasing to exist throughout most of western Europe. Economies became centered around agricultural manors where warrior-landlords, the Medieval nobility, collected rent from their serfs in the form of their produce. This was the dominant economic system until trade began to return in the Late Middle Ages leading to the rise of the merchant class.
    Last edited by shikamaru; 10-06-11 at 06:13 PM.

  2. #2
    Latifundium

    Latifundia could be devoted to livestock (sheep and cattle) or to cultivation of olive oil, grain, and wine. However, in Rome, they did not produce grain and Rome had to import grain (in the Republican period, from Sicily and North Africa, in the Imperial era, from Egypt). Ownership of land, organized in the latifundia, defined the Roman Senatorial class. It was the only acceptable source of wealth for senators, though Romans of the elite class would set up their freedmen as merchant traders, and participate as silent partners in profits to which senatores were disqualified.

  3. #3
    Slavery in Ancient Greece

    Slaves were also employed in the home. The domestic's main role was to stand in for his master at his trade and to accompany him on trips. In time of war he was batman to the hoplite; it has been argued that their actual role was far greater.[47] The female slave carried out domestic tasks, in particular bread baking and textile making. Only the poorest citizens did not possess a domestic slave.[48]

  4. #4
    Cadet branch

    In such cases, primary responsibility for promoting the family's prestige, aggrandizement, and fortune fell upon the senior branch for future generations. A cadet, having less means, was not expected to reproduce a family. If a cadet chose to raise a family, its members were expected to maintain the family's social status by avoiding derogation, but could pursue endeavors that might be considered demeaning for the senior branch, such as immigration to another sovereign's realm, or engagement in commerce, or a profession (such as law), academia, or civil service.

  5. #5
    Roman commerce

    Whereas in theory members of the Roman Senate and their families were prohibited from engaging in trade,[1] the members of the Equestrian order were involved in businesses, despite their upper class values that laid the emphasis on military pursuits and leisure activities. Plebeians and freedmen held shop or manned stalls at markets while vast quantities of slaves did most of the hard work. The slaves were themselves also the subject of commercial transactions. Their high proportion in society (compared to that in Classical Greece), and the reality of runaways, the Roman Servile Wars and minor uprisings, they gave a distinct flavor to Roman commerce.

  6. #6
    Perhaps you already are and just don't know it?



    Imagine for a moment that each State is an agricultural plantation. Tax revenues are the rents maybe?

    Physiocracy is an agrarianist philosophy which may trace its origins to various sources. During the latter period of the Roman Republic, the dominant senatorial class was not allowed to engage in banking or commerce but relied on their latifundia, large plantations, for income. They circumvented this rule through freedmen proxies who sold surplus agricultural goods.
    Perhaps each State/Estado of the United States is a "latifundia"? What do they call the buildings were automobiles are made? Plants. Hmm interesting--another kind of 'cash crop'?

    plantation - an estate (the Spanish word 'estado' is synonymous with state ) where cash crops are grown on a large scale (especially in tropical areas)
    Synonym: acres, demesne, landed estate, estate, land - extensive landed property (especially in the country) retained by the owner for his own use; "the family owned a large estate on Long Island"
    Synonym: orangery - a place where oranges are grown; a plantation of orange trees in warm climes or a greenhouse in cooler areas

    Plantation - a newly established colony (especially in the colonization of North America);
    Synonym: colony, settlement - a body of people who settle far from home but maintain ties with their homeland; inhabitants remain nationals of their home state but are not literally under the home state's system of government; "the American colony in Paris"
    North America - a continent (the third largest) in the western hemisphere connected to South America by the Isthmus of Panama

    plantation - garden consisting of a small cultivated wood without undergrowth
    Possibly relevant: municipal trading; social credit; www.ssa.gov.
    Last edited by allodial; 10-07-11 at 03:49 PM.
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  7. #7
    That's some way of looking at things .

    I'll have to chew on that.

    What I was seeking to convey was that a person should engage in commerce through a corporation or trust and not as a sole proprietor.

  8. #8
    Senior Member
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    Way back then a freeman was one without an estate or plantation, he/she often worked for an estate or plantation until enough resource could be saved to create their own plantation or estate, the age of majority.

    Shareholders make elections;

    SBOT = Yahweh

  9. #9
    Quote Originally Posted by motla68 View Post
    Way back then a freeman was one without an estate or plantation, he/she often worked for an estate or plantation until enough resource could be saved to create their own plantation or estate, the age of majority.
    That was not a freeman, at least as defined.
    If one is without and working for another, that's servitude. Not freedom.

  10. #10
    stoneFree
    Guest

    It took four bronze sestertii, like the one of Marcus Aurelius as Caesar shown here, to make a silver denarius, the penny of the Bible. Gladiators accumulated sestertii in hopes of buying their freedom.

    http://www.coinworld.com/articles/th...e-for-freedom/

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