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The Fall of Rome Podcast

12: The Fall of the Roman Economy

The Fall of Rome Podcast

Patrick Wyman / Wondery

Education, Medieval History, Patrick Wyman, Ancient History, Society & Culture, History, Tides Of History, Documentary

4.82.3K Ratings

🗓️ 17 February 2017

⏱️ 44 minutes

🧾️ Download transcript

Summary

The Roman economy was a marvel, the powerhouse that produced surpluses big enough to support huge cities, maintain an enormous standing army, and construct monumental buildings that stand to this day. When the Roman state fell apart, so too did the economy it supported, but in different ways, in different places, at different times. If you have a spare moment, take the survey at wondery.com/survey. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Transcript

Click on a timestamp to play from that location

0:00.0

Hi everybody, and welcome to the twelfth episode of The Fall of Rome.

0:06.0

I'm your host Patrick Weiman, thanks for joining me today.

0:11.1

When we think of the Roman Empire, there are a few different things that come to mind.

0:15.4

We might think about gladiators, always a fun topic in pop culture.

0:19.0

We might think about the army of disciplined legions marching in lockstep to fight some barbarian

0:24.0

foe.

0:25.4

The most enduring and obvious legacy of the Roman Empire is its buildings, huge structures

0:30.1

like the Colosseum, embedded within the landscape of enormous cities that held hundreds of thousands

0:35.0

of people.

0:36.6

It was the Roman economy that enabled all of this, from amphitheaters and aqueducts to highly

0:42.2

skilled gladiators fighting for the entertainment of mass urban audiences.

0:47.3

The surpluses the Roman economy produced allowed for the concentration of people in cities

0:52.2

in numbers and proportions that wouldn't be matched again until the modern period, for

0:56.2

the construction of thousands of monumental buildings that endured to this day, and for

1:00.4

the support of a standing army of hundreds of thousands of professional soldiers along

1:04.7

a frontier that stretched from Britain to the Sahara.

1:09.6

The Roman economy was an agrarian one focused around agricultural production, but that

1:14.0

doesn't mean that it was primitive.

1:15.4

It was quite complex, and despite its basis in agriculture, it had well developed commercial

1:20.2

markets that operated on a trans-regional scale.

1:24.6

The Roman state provided the infrastructure and stability that lowered costs to the point

1:29.9

where huge amounts of bulk goods, and the agricultural products the economy specialized

...

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