Landholding in Late Roman Egypt: The Distribution of Wealth

Abstract

One of the most revealing aspects of any society is the distribution of wealth. In the ancient world, the stratification of landholdings essentially determined the stratification of wealth. There were, to be sure, many other kinds of wealth: funds and commodities for lending, urban rental property, productive enterprises, slaves, ships, and so on. To some extent these were no doubt owned by the same people who owned agricultural land, but the almost total absence of quantifiable data makes generalization difficult. Land, moreover, occupied a unique position in the economy and government of the Roman Empire, both practically and ideologically. The great bulk of taxation fell on the land, and almost all of the burdens of public service both in the cities and in the villages were attached to its ownership. That these disadvantages of land as a form of wealth were insufficient to deter the élite from desiring land is in some measure the result of the enormous ideological preference that all of classical antiquity attached to land as a form of wealth, an ideology connected in part to the relative stability of returns from landed property compared to those from other, more volatile, forms of wealth.