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>"‘We cannot hide from my lord that, with all the money and animal stocks consigned to my lord, nothing is left at my lord’s disposal save our persons and our f
by Kinnard 7y ago
>"‘We cannot hide from my lord that, with all the money and animal stocks consigned to my lord, nothing is left at my lord’s disposal save our persons and our farmland. Let us not perish before your eyes, both we and our land. Take us and our land in exchange for bread, and we with our land will be serfs to Pharaoh; provide the seed, that we may live and not die, and that the land may not become a waste.’ (JPS Tanakh, 2000)
“Smoothing out the ravages of the business cycle” indeed. What Mr. Ruby ignores, and what the text devotes many verses to emphasizing, is that central planning of the kind undertaken by Joseph and Pharaoh ultimately leads down a Hayekian “road to serfdom.” Here, what starts as a grain shortage brought on by natural cycles in the east wind and the Nile’s ebb and flow is leveraged by a government with authoritarian ambitions to utterly enslave the people – better yet, to have the people beg the government to enslave them! This much is clear: the more the coercive power of the state is deployed in the name of preventing individuals from making bad decisions about how to arrange their own sustenance, the greater will be the eventual loss of individual liberty."
https://www.timesofisrael.com/the-road-to-egypt-job-creators-in-the-ancient-world/ https://www.timesofisrael.com/the-road-to-egypt-job-creators...
It's a source, whether you deem it credible or not.
- swagasaurus-rex 7y agoLack of coinage was probably the culprit. What other way does a central authority coordinate a basic income to a large population? Well, if they're on the roster and they have the documents, they get their share of the harvest.
- Kinnard 7y agoPrecious metal commodity money is held to have emerged as a consequence of this, at least by Graeber.
- quanticle 7y agoThat's a very strange and non-standard definition of "slavery". By that definition, any job-creation programme undertaken by any government at any time in history is "slavery" or "serfdom". You're free to define "slavery" in that manner, of course, but then don't be surprised when others find your definition confusing.