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History of Money, Banking, and Trade - Episode 17. Ancient Commerce under the Pharaohs - From Greek Influence to Cleopatra's Reign

Episode 17. Ancient Commerce under the Pharaohs - From Greek Influence to Cleopatra's Reign

05/14/24 • 78 min

History of Money, Banking, and Trade

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Embark with us on a historical odyssey that brings to light the economic transformation of ancient Egypt, a narrative woven through the actions of legendary figures and the dynamic shifts in trade and currency. Our exploration opens with the arrival of Greek influence, spearheaded by Alexander the Great, whose vision and respect for Egyptian culture ushered in an era of prosperity and strategic trade via the bustling city of Alexandria. The city's rise as a cultural and economic powerhouse, including the storied construction of its great Lighthouse, sets the stage for a society in flux—a society where the cultures and economies of Greece and Egypt began an intricate dance that would define the Mediterranean world.
Venture deeper as we navigate the complex tapestry of Ptolemaic banking, property law, and innovative taxation systems that became the economic pillars of this ancient civilization. Through the tales of Egyptian bankers like Python and the meticulous tax strategies employed by the state, we uncover how these financial mechanisms cemented Egypt's prosperity. We'll also examine the societal implications of these practices, from the integration of Greek banking traditions to shifts in agricultural responsibility and legal fairness, providing a vivid contrast to modern economic systems.
Our journey culminates with a retrospective on Cleopatra's reign, the societal tremors that prefaced the fall of the Ptolemaic dynasty, and a reflective comparison of Egypt's economic systems to those of Mesopotamia. The introduction of intricate monetary systems by the Ptolemies marked a significant turning point in Egypt's role within ancient world trade networks. This episode isn't just a history lesson; it's a revelation of how the past connects with our present, offering a profound appreciation for the economic milestones that have left an indelible mark on the tapestry of human civilization.

Support the show

To support the podcast through Patreon https://www.patreon.com/HistoryOfMoneyBankingTrade
Visit us at https://moneybankingtrade.com/

Visit us on YouTube https://www.youtube.com/@MoneyBankingTrade

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Send us a text

Embark with us on a historical odyssey that brings to light the economic transformation of ancient Egypt, a narrative woven through the actions of legendary figures and the dynamic shifts in trade and currency. Our exploration opens with the arrival of Greek influence, spearheaded by Alexander the Great, whose vision and respect for Egyptian culture ushered in an era of prosperity and strategic trade via the bustling city of Alexandria. The city's rise as a cultural and economic powerhouse, including the storied construction of its great Lighthouse, sets the stage for a society in flux—a society where the cultures and economies of Greece and Egypt began an intricate dance that would define the Mediterranean world.
Venture deeper as we navigate the complex tapestry of Ptolemaic banking, property law, and innovative taxation systems that became the economic pillars of this ancient civilization. Through the tales of Egyptian bankers like Python and the meticulous tax strategies employed by the state, we uncover how these financial mechanisms cemented Egypt's prosperity. We'll also examine the societal implications of these practices, from the integration of Greek banking traditions to shifts in agricultural responsibility and legal fairness, providing a vivid contrast to modern economic systems.
Our journey culminates with a retrospective on Cleopatra's reign, the societal tremors that prefaced the fall of the Ptolemaic dynasty, and a reflective comparison of Egypt's economic systems to those of Mesopotamia. The introduction of intricate monetary systems by the Ptolemies marked a significant turning point in Egypt's role within ancient world trade networks. This episode isn't just a history lesson; it's a revelation of how the past connects with our present, offering a profound appreciation for the economic milestones that have left an indelible mark on the tapestry of human civilization.

Support the show

To support the podcast through Patreon https://www.patreon.com/HistoryOfMoneyBankingTrade
Visit us at https://moneybankingtrade.com/

Visit us on YouTube https://www.youtube.com/@MoneyBankingTrade

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undefined - Episode 16. The Flow of Power: Foreign Dominance and the Shifting Sands of Egyptian Supremacy

Episode 16. The Flow of Power: Foreign Dominance and the Shifting Sands of Egyptian Supremacy

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Uncover the secrets of a bygone era as we navigate the rise and subsequent eclipse of the Nubian Empire, a civilization that emerged from Egypt's weakened grasp to forge its own path of dominance. King Kashta and his descendants rose to the challenge, leaving an indelible mark on history by claiming the Egyptian throne and birthing the 25th dynasty. The tale takes a turn with the entrance of Libyan generals who, despite clinging to Egyptian traditions, could not stave off the eventual fragmentation of power, leaving a priestly class to govern the south.
Venture into the ancient world's power plays and political gambits in the episode's revealing second chapter, where we dissect the ambitious endeavors of Necho II, including his remarkable canal project. This engineering feat not only linked the Nile to the Red Sea but also redefined the strategic significance of the region. The narrative weaves through Assyrian conquests, shifting loyalties, and Egypt's fluctuating independence, culminating in a complex web of ancient Near Eastern geopolitics that set the stage for the era's most monumental shifts.
In our final act, we trace the Persian shadow that crept over Egypt, sparking an economic transformation through the introduction of coinage—an innovation that reshaped trade and wealth in the ancient landscape. Darius I's rule heralded advancements in engineering and fiscal systems, amidst the backdrop of rebellion and pressure from Greek city-states. Join me, Mike D, as we sift through the sands of time to explore these epochal shifts, painting a rich tapestry of the relentless cycle of history that shapes our current world.

Support the show

To support the podcast through Patreon https://www.patreon.com/HistoryOfMoneyBankingTrade
Visit us at https://moneybankingtrade.com/

Visit us on YouTube https://www.youtube.com/@MoneyBankingTrade

Next Episode

undefined - Episode 18. Ancient Nubia Unveiled: Pyramids, Trade Marvels, and Strategic Mastery

Episode 18. Ancient Nubia Unveiled: Pyramids, Trade Marvels, and Strategic Mastery

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Did you know that Nubia had nearly twice as many pyramids as Egypt? Join me, Mike D, on an unforgettable journey through the ancient civilization of Nubia, a land that played a crucial role in shaping the trade networks of Northern and Eastern Africa. We'll explore the profound connection between Nubia and Egypt, brought to life through shared customs, gods, and architectural marvels. Despite its impressive achievements, Nubia's contributions are often eclipsed by those of its more famous neighbor. Our exploration aims to illuminate the significant yet often overlooked influence of Nubia, not just on Egypt, but on the entire ancient world and its lasting impact on modern trade and finance.
Navigate the perilous waters of the Nile River with me as we uncover the geographical and historical significance of its six cataracts. From the first cataract in Aswan to the submerged second cataract under Lake Nasser, and the strategic importance of the fourth cataract affected by the Merowe Dam, these natural barriers were more than just obstacles—they were crucial points for military and trade strategies. We'll also discuss the unique environmental challenges that shaped agriculture in Nubia, providing vital context for understanding historical events and conflicts. Together, we'll paint a vivid picture of the strategic and environmental factors that influenced the lives and decisions of ancient Nubians.
Discover the complex society and economy of ancient Kerma, a city-state standing proudly at the Third Cataract. Learn how Kerma's rulers leveraged their strategic location to dominate trade routes and amass wealth from rich resources like gold and copper. We'll delve into the pastoral lifestyle, unique burial practices, and extensive trade networks that made Kerma a target for neighboring powers like Egypt. By the end of this episode, you'll gain a deeper appreciation for the intricate dynamics that made Nubia a significant player in the ancient world, and how its legacy continues to influence our contemporary economic systems. Don't miss out on this captivating exploration of one of history's most fascinating civilizations!

Support the show

To support the podcast through Patreon https://www.patreon.com/HistoryOfMoneyBankingTrade
Visit us at https://moneybankingtrade.com/

Visit us on YouTube https://www.youtube.com/@MoneyBankingTrade

History of Money, Banking, and Trade - Episode 17. Ancient Commerce under the Pharaohs - From Greek Influence to Cleopatra's Reign

Transcript

Speaker 1

Welcome podcast listener . I am Mike D , and this is the History of Money , banking and Trade podcast . My goal is to expand your knowledge of the history and evolution of trade , along with money , banking and credit , from ancient civilizations all the way to the present .

Speaker 1

I truly hope you find these episodes to be informative and ent

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