History of Money, Banking, and Trade
Episode 23. Ancient India's Economic Evolution
Can the principles of an ancient Indian treatise still guide modern governance and economics? Explore the remarkable rise of the Mauryan Empire, where Chandragupta Maurya, under the mentorship of Chanakya, transformed post-Alexander India into a powerhouse by overthrowing the Nanda Empire in 321 BCE. Utilizing the comprehensive Arthashastra, they crafted strategies for governance, economics, and military might that cemented their hold over one of ancient India's largest empires.
Discover the economic intricacies of ancient India, designed to preserve the wealth of the elite and stave off upward mobility for the masses. We'll unravel the workings of the Department of Navigation, responsible for protecting harbors and enforcing stringent trade policies, and delve into Chandragupta's strategic alliances, including his pivotal treaty with Seleucus I. The episode sheds light on the Mauryan caste system, spotlighting the roles and responsibilities of each caste, and investigates the advanced infrastructure projects, funded by taxes, that included a national healthcare system.
Follow Ashoka the Great's transformative journey from a feared conqueror to a devout Buddhist, whose rule was marked by religious tolerance and profound contributions to Buddhism. This episode also spans the economic and cultural evolution from the Indus Valley civilization to the Indo-Greek era, emphasizing the significant trade relationships with ancient Rome. From the diverse currencies used to the monsoon winds' discovery, which revolutionized maritime trade, this is an episode rich with historical insights on the economic and social fabric of ancient India. Tune in to grasp the legacy of the Mauryan Empire and its enduring influence on governance, trade, and culture.
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