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Economic Management of Minoan and Mycenaean States and Their Development

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  • Serge Svizzero
  • Clement A. Tisdell

Abstract

During the Late Bronze Age, Aegean societies (Minoan and Mycenaean) exhibited strong economic development. This resulted from the implementation by the elite of a centralized and hierarchical administrative and social system in order to manage most economic activities. In these palatial economies, the elite organized the extraction of the surplus, therefore avoiding the Malthusian trap. They also organized the division of labor and the specialization in production and the distribution of the collected surplus by means of staple and wealth finance systems, the latter being based on the production of luxury items controlled by the palace. Trade was also encouraged and this strengthened palatial power.

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  • Serge Svizzero & Clement A. Tisdell, 2015. "Economic Management of Minoan and Mycenaean States and Their Development," Rivista di storia economica, Società editrice il Mulino, issue 3, pages 373-394.
    • Handle: RePEc:mul:jrkmxm:doi:10.1410/81504:y:2015:i:3:p:373-394
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    Cited by:

    1. Serge Svizzero & Clement Allan Tisdell, 2016. "Economic evolution, diversity of societies and stages of economic development: A critique of theories applied to hunters and gatherers and their successors," Post-Print hal-02147753, HAL.
    2. Serge Svizzero, 2015. "The collapse of the Únětice culture: economic explanation based on the “Dutch disease”," Post-Print hal-02150097, HAL.

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