A Periclean Economy?
A Periclean Economy?
This chapter examines the nature of the economic prosperity of Athens during the time of Pericles. It first considers the existence of a Periclean oikonomia in relation to the birth of a “market economy” and “marketable agriculture”—agriculture whose products were destined for the marketplace—in Athens before describing Pericles' mode of managing his oikos. It then discusses the development of the Athenian economy under Pericles based on the revenues that Athens obtained as benefits of imperialism. It shows that Pericles actively promoted the genesis of a truly democratic economic policy—a policy that was founded on widespread redistributions of the city's wealth to a newly redefined civic community not only by means of great constructional undertakings but also through the general introduction of civic pay.
Keywords: economic prosperity, Pericles, oikonomia, market economy, marketable agriculture, oikos, Athenian economy, revenues, civic pay, redistribution
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