Did the Advent of Finance Facilitate Democracy?

roman coins

Athens is famous for being the birthplace of modern day democracy but a recent post on TheAtlantic.com questioned whether finance actually gave rise to this democracy.

Athens use to pay its citizens for various civic duties, some say priming them into the mindset that made possible the participatory government.

The article goes on to explain without financial innovation, the “experiment” of democracy may not have been the success it became.

Read more at http://www.theatlantic.com/business/archive/2016/05/athenian-finance-democracy-william-goetzmann/484397/