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  • Agrarian Change in Late Antiquity: Gold, Labour, and Aristocratic Dominance

    Agrarian Change in Late Antiquity by Banaji, Jairus;

    Gold, Labour, and Aristocratic Dominance

    Series: Oxford Classical Monographs;

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    Product details:

    • Edition number Updated Edition
    • Publisher OUP Oxford
    • Date of Publication 17 May 2007

    • ISBN 9780199226030
    • Binding Paperback
    • No. of pages336 pages
    • Size 234x155x19 mm
    • Weight 516 g
    • Language English
    • Illustrations 1 map and 12 tables
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    Short description:

    Agrarian Change in Late Antiquity, the first major study of its kind, presents a critique of Weber's influential ideas about late antiquity. Jairus Banaji collects together a vast range of evidence to show that the fourth to seventh centuries were a period of major social and economic change, bound up with an expanding circulation of gold. The author traces the evolution of a new aristocracy in the eastern Mediterranean, and discusses the implications of its involvement in the monetary and business economy of the period.

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    Long description:

    The economy of the late antique Mediterranean is still largely seen through the prism of Weber's influential essay of 1896. Rejecting that orthodoxy, this book argues that the late empire saw substantial economic and social change, propelled by the powerful stimulus of a stable gold coinage that circulated widely. In successive chapters Dr Banaji adduces fresh evidence for the prosperity of the late Roman countryside, the expanding circulation of gold, the restructuring of agrarian elites, and the extensive use of paid labour, above all in the period spanning the fifth to seventh centuries. The papyrological evidence is scrutinised in detail to show that a key development entailed the rise of a new aristocracy whose estates were immune to the devastating fragmentation of partible inheritance, extensively irrigated, and responsive to market opportunities.The study offers a new perspective on the still largely contested issues of the use and control of labour, arguing that the East Mediterranean saw a considerable expansion of wage employment. A concluding chapter defines the more general issue raised by the aristocracy's involvement in the monetary and business economy of the period.

    Exploiting a wide range of sources, Agrarian Change in Late Antiquity weaves together different strands of historiography (Weber, Mickwitz, papyrology, agrarian history) into a fascinating interpretation that challenges the minimalist orthodoxies about late antiquity and the ancient economy.

    The argument is complex, but well presented, and will be of keen interest to all scholars and graduate students engaged in the study of the economy in late antiquity.

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