The Wealth of Nations Book 3 Chapter 3 - The Rise of Cities After Rome's Fall

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In the aftermath of the fall of the Roman Empire, European cities and towns began to rise despite a period of chaos and disarray. Initially, these towns were populated by poor tradesmen and craftsmen, often living in servile conditions. However, over time, these towns gained important rights, such as the ability to marry freely, inherit property, and trade without the interference of local lords. This newfound independence was driven by practical needs: kings and rulers saw towns as key allies in their struggles against barons and feudal lords. As towns grew, they became self-governing entities, with local councils and militias, offering protection and security to their inhabitants. This laid the foundation for the rise of manufacturing and trade, especially in cities like Venice, Genoa, and Pisa, which thrived through commerce during the Crusades. The development of urban centers marked the beginning of Europe’s transition toward a more industrialized society.

00:00 - Introduction to the Rise of Cities after the Collapse of Rome
00:13 - Post-Roman Empire Cities and Towns
00:45 - Rights and Privileges of Towns
01:05 - Taxes and Exemptions
01:58 - Organization and Self-Governance
02:23 - Practical Reasons for Privileges
03:03 - Independent Republics
03:24 - Influence on Kings and Parliaments
03:51 - Economic Growth and Security
04:32 - Trade and Wealth Accumulation
05:03 - Italian Cities and the Crusades
05:29 - Local Manufacturing and Trade
06:18 - Development of Manufacturing
07:10 - Conclusion