The Collapse of Antiquity

<p><strong><em>The Collapse of Antiquity: Greece and Rome as Civilization''s Oligarchic Turning Point </em></strong></p><p> </p><p><em>The Collapse of Antiquity</em>, the sequel to Michael''s "<em>...and forgive them their debts,</em>" is the second and latest book in his trilogy on the history of debt. It describes how the dynamics of interest-bearing debt led to the rise of <em>rentier </em>oligarchies in classical Greece and Rome, causing economic polarization, widespread austerity, revolts, wars and ultimately the collapse of Rome into serfdom and feudalism. That collapse bequeathed to subsequent Western civilization a pro-creditor legal philosophy that has led to today''s creditor oligarchies.  </p><p> </p><p>In telling this story, <em>The Collapse of Antiquity</em> reveals the eerie parallels between the collapsing Roman world and today''s debt-burdened Western economies. </p><p><strong>Endorsements  </strong></p><p><em>&nbsp