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Lending and borrowing were commonplace in Athens during the fourth century BC and could involve interest rates, security and banks, but the part played by credit was completely different from the familiar role in capitalist society. Using a mix of sources, but centering on the law-court speeches with the Attic orators, Dr Millett shows who's is achievable to view how lending and borrowing were a means of ordering social relations between Athenian citizens. Although debt could be disruptive, it had as its more positive side the strengthening of ties between individuals. That was, in turn, an aspect with the solidarity between citizens which was an element from the Athenian democracy.
This is a novel about the social and economic history of ancient Greece and has as its core a detailed study of credit relations in Athens through the fourth century BC. It looks at ancient economy and society inside their own terms and demonstrates that this completely different system of credit in Athens had its complexity and sophistication.
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