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RE: LeoThread 2025-03-04 07:33

in LeoFinance7 months ago

As time went on in the Republic, there arose two great forces impacting the distribution of wealth: booty from war and the emergence of the Equestrian class (Knights). The former tended to enrich the generals (Caesar, Pompey and others) and move them up the wealth ladder, while the Knights became rich through their own efforts. Since the ruling class was prohibited from trade because it was seen as a low profession, the Knights became the businessmen the state needed to make the Republic work. They formed their own corporations and engaged in tax collection and public works. Over time, the wealth accumulated by the Knights, lowered the percentage of wealth controlled by the ruling class.