All in all, the Romans did not put together elaborate business models based on debt and governmental grants. The clarity and minimalism of the economic and financial models at the time cannot be denied. Without trying to moralise on the topic, I would like to emphasise on the effectiveness of such an attitude. Today we are used to building large organisations based on loans, shares, use of derivatives. They grow fast and exponentially, they employ thousands of people and they go bust at the blink of an eye. We may enjoy the boosts as well as the busts of capitalism but I still appreciate the wisdom coming from the pre-industrial, pre-capitalist societies. Just for today, I intend to busk at the words of Cato and apply a bit more simplicity in my life!
You are viewing a single comment's thread from: