Geopolitical Economy Report cover image

Origins of debt: Michael Hudson reveals how financial oligarchies in Greece & Rome shaped our world

Geopolitical Economy Report

00:00

The Evolution of the Roman Law

The Roman law is still the philosophy of modern law. The whole modern legal system is still based on that of Greece and Rome. And what began in Greece and Rome wasn't democracy because Aristotle pointed out in his study of constitutions, many cities had constitutions that they called democracy but they were really oligarchies. That Western civilization let an oligarchy take over. All the debts have to be paid no matter what the social consequences are.

Transcript
Play full episode

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app