How Economic Growth Destroyed Byzantium | The Komnenian Paradox

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Economic prosperity has been linked, almost by default, with administrative and military success of a state - the Byzantine empire is no exception to this, at least for most of its history. There is however a catch: when a state is not prepared to handle the distribution of wealth around its territories, coupled with crisis in the administration, economic success can be the cause of the state’s demise. In this video, we claim that this is what happened with the late Komnenian and Angeloi period Byzantine empire.
In order to prove our theory, based on the book: “Economic expansion in the Byzantine empire 900-1200” by Alan Harvey, we will first bring evidence of the economic expansion taking place around the peripheries of the Byzantine empire in the centuries before and during the Komnenians. Then, we will explain how the Komnenian economy functioned as a whole, bringing wealth, prosperity and power to the administration in the capital and the peripheral elites, and how this system could collapse, bringing chaos to the once mighty state. Finally, we will fit the historical narrative using this new framework, offering a new perspective on the events just before the fourth crusade.

Production Music courtesy of Epidemic Sound: http://www.epidemicsound.com/

00:00 The Komnenian Paradox
2:13 Evidence
6:40 Political fragility
11:07 Historical timeline
14:02 Spiral into feudalism

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