Income inequality in the ancient world and now (Scot McKnight and Tim De Chant)

In his recent blog post Scot McKnight points us to an interesting post by Tim De Chant, which is about income inequality in the Roman Empire in the ancient world. (Click here and here for the two blog posts.) Here are some quotes from the blog post.

"Over the last 30 years, wealth in the United States has been steadily concentrating in the upper economic echelons. Whereas the top 1 percent used to control a little over 30 percent of the wealth, they now control 40 percent."

"In total, Schiedel and Friesen figure the elite orders and other wealthy made up about 1.5 percent of the 70 million inhabitants the empire claimed at its peak. Together, they controlled around 20 percent of the wealth..."

"These numbers paint a picture of two Romes, one of respectable, if not fabulous, wealth and the other of meager wages, enough to survive day-to-day but not enough to prosper. The wealthy were also largely concentrated in the cities."

"Schiedel and Friesen aren’t passing judgement on the ancient Romans, nor are they on modern day Americans. Theirs is an academic study, one used to further scholarship on one of the great ancient civilizations. But buried at the end, they make a point that’s difficult to parse, yet provocative. They point out that the majority of extant Roman ruins resulted from the economic activities of the top 10 percent. “Yet the disproportionate visibility of this ‘fortunate decile’ must not let us forget the vast but—to us—inconspicuous majority that failed even to begin to share in the moderate amount of economic growth associated with large-scale formation in the ancient Mediterranean and its hinterlands.”"

"In other words, what we see as the glory of Rome is really just the rubble of the rich, built on the backs of poor farmers and laborers, traces of whom have all but vanished. It’s as though Rome’s 99 percent never existed. Which makes me wonder, what will future civilizations think of us?"

The gap between the haves and have-nots was huge in the Roman Empire as well as in many countries in the West today. Since the events of the New Testament took place in the Roman Empire, the socioeconomic context of the Empire is important for us as we read the Bible. (See my previous post about the economic profile of the earliest church in the Roman Empire here.) This, in turn, is important for us today as we try to apply the New Testament to our own contexts in the affluent West.