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The Roman republic fell for many reasons, one of the big reasons was Augustus Caesar controlled much of the world's most powerful states, including Egypt. This
by weatherlight 5y ago
The Roman republic fell for many reasons, one of the big reasons was Augustus Caesar controlled much of the world's most powerful states, including Egypt. This level of wealth today would be somewhere in the neighborhood of 7 trillion dollars or 40 times richer than Jeff Bezos.
This fortune was so vast that Augustus was able to pay to recruit, train, and upkeep the entire Roman military- all 60 legions- alone. In addition, he was able to fund multiple grand building projects, massive political reforms, and keep a tidy fortune for himself and his heirs. Augustus became the Defacto state.
These are rough numbers because currency conversion across 2 millennia is impossible. Augustus was worth at least 1/3 of the Roman Empires' total GDP. This means of every 3 dollars in the Roman Economy 1 dollar was Augustus’.
Wealth concentration disrupts society and makes society susceptible autocratic holders of wealth.
https://en.wikipedia.org/wiki/Augustus#First_settlement https://en.wikipedia.org/wiki/Augustus#First_settlement
https://rationalwiki.org/wiki/Augustus https://rationalwiki.org/wiki/Augustus