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Comment by robertacion

3 days ago

The last paragraph is a reference to Cato the Elder. https://en.wikipedia.org/wiki/Carthago_delenda_est

"As a third and final action point, I am of the opinion that Carthage must be destroyed."

And speaking of Cato and economic complexity:

As his income grew, Cato also became a regular investor in commercial lending. Although a law from 218 BC banned senators from engaging directly in commercial shipping, Cato formed partnerships of fifty investors that backed the commercial operations of fifty ships. He fronted all of the initial capital and then lent money to investors that they could each use to buy a share in the enterprise. Cato himself entrusted one share to a freed slave who acted as his agent. He then profited from the trading activities as well as the interest on these loans, while following the letter of the law and limiting his direct exposure in case the cargo was lost.

I'll just leave this here: I think the destruction of Carthage was a great catastrophe. Both for the world from a humanitarian perspective and for Rome which squandered a lot of economic generativity.

  • If Rome had stayed a local power, could a divided Mediterranean have been even more dynamic than a unified empire? Perhaps rivalry between regional powers would have inspired greater human achievement. There certainly would have been wars, but not necessarily more than those the Roman Empire actually fought.

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