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Lessons from the Unraveling of the Roman Empire: Simplification, Localization

Lessons from the Unraveling of the Roman Empire: Simplification, Localization

The fragmentation, simplification and localization of the post-Imperial era offers us lessons we ignore at our peril.

There is an entire industry devoted to “why the Roman Empire collapsed,” but the post-collapse era may be offer us higher value lessons. The post-collapse era, long written off as The Dark Ages, is better understood as a period of adaptation to changing conditions, specifically, the relocalization and simplification of the economy and governance.

As historian Chris Wickham has explained in his books Medieval Europe and The Inheritance of Rome: Illuminating the Dark Ages 400-1000the medieval era is best understood as a complex process of social, political and economic natural selection: while the Western Roman Empire unraveled, the Eastern Roman Empire (Byzantium) continued on for almost 1,000 years after the fall of the Western Roman Empire, and the social and political structures of the Western Roman Empire influenced Europe for hundreds of years.

In broad-brush, the Roman Empire was a highly centralized, tightly bound system that was remarkably adaptive despite its enormous size and the slow pace of transport and communication. Roman society was both highly hierarchical–the elites claimed superiority and worked hard to master the necessary tools of authority– slaves were integral to the building and maintenance of Rome’s vast infrastructure–and open to meritocracy, as the Roman Army and other classes were open to advancement by anyone in the sprawling empire: every free person became a Roman Citizen once their territory was absorbed into the Empire.

When the Empire fell apart, the model of centralized control/power continued on in the reigns of the so-called Barbarian kingdoms (Goths, Vandals, etc.) and Charlemagne (768-814), over 300 years after the fall of Rome. (When the Ottomans finally conquered Constantinople in 1453, they also adopted many of the bureaucratic structures of the Byzantine Empire.)

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The New Normal: Extremes of Neofeudalism, Incompetence, Authoritarianism and Relocalization

The New Normal: Extremes of Neofeudalism, Incompetence, Authoritarianism and Relocalization

The pendulum swung to an extreme of globalization, financialization, centralization and monopoly, all of which created extreme systemic fragility.

Here’s what to expect in the rapidly evolving New Normal: extremes become even more extreme as the status quo attempts to force compliance with its last-ditch schemes to preserve what was always unsustainable while painting a happy face on the stock market, the one thing they can push higher as the global economy unravels.

Mark, Jesse and I discuss this dynamic in Salon #10: Remember when Maximum Pessimism and Irrational Exuberance were mutually exclusive? (54 minutes): realistic pessimism is lashed to the mast with the irrational exuberance of stock market soothsayers, central bank cheerleaders and the organs of propaganda (Wall Street) and control of the narratives (social media and search monopolies).

Cognitive dissonance? Yes. Schizophrenia? Sure. Crazy-making? Undoubtedly. So the default “solution” is petty Authoritarianism to ensure we only see approved narratives, that we focus on the happy-happy signal of the glorious stock market (best rally ever!), that we pay higher taxes without complaint, and so on.And of course, buy, buy, buy and borrow, borrow, borrow, lest the flimsy house of cards collapse.

As I explain in my book Why Our Status Quo Failed and Is Beyond Reformthe only possible output of central bank monetary stimulus is financialization, and the only possible output of financialization is unprecedented wealth and income inequality.

As Max Keiser, Stacy Herbert and I discuss in Fractals of Incompetence (15:30), the problem with pushing extremes is the system is incompetent at every level, from school boards to the Federal Reserve. Rather than solve problems, our institutions have devolved into mechanisms to protect clerisy / insiders from transparency and accountability.In the New Normal, systemic incompetence isn’t going to magically transform into competence, it’s going to reach new extremes of incompetence and self-serving hubris.

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Olduvai IV: Courage
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Olduvai II: Exodus
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