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Eight Themes in Mesopotamia’s Evolving Labor-Shaped Economies

From Observatory

In the Bronze Age, societies relied on communal labor for survival, with projects like building temples and city walls organized through corvée services. Labor was scarce, requiring widespread assent for corvée work, often incentivized by feasts and social gatherings. This communal work created social capital, with labor remunerated based on basic sustenance needs rather than market value.

Skilled labor was primarily employed by large institutions like temples and palaces, which also served as creditors. Trade facilitated by merchants led to tensions between public and private interests, while labor-for-hire initially remained marginal. Usury became prevalent, leading to debt bondage and the denial of land rights, with debt problems tied to labor status.

Rulers often restored fiscal stability through Clean Slate edicts, rescuing debtors from bondage and land forfeiture. However, in later Mediterranean societies lacking such traditions, debt bondage intensified, leading to economic polarization. Land tenure shifted from a public utility to an investment vehicle, burdening labor with fiscal responsibilities and rising indebtedness.

Today, housing and land tenure are no longer inherent rights, with financialization and concentrated ownership shifting fiscal burdens onto labor. This polarization, reminiscent of late antiquity, deepens dependency and economic inequity, with no periodic restoration of balance.

Read full article "Eight Themes in Mesopotamia’s Evolving Labor-Shaped Economies" by Michael Hudson.

🔭   This summary was human-edited with AI-assist.

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