The Athenian Revolt Against Babylonian Finance
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Published on May 26, 2020
The Solonian Ordinance of 594 BC, which restructured the silver weighting system to Athenian currency, was a direct blow to Babylonia's financial hegemony in the Greek region. Although differing from the reforms of Lycurgus in Sparta, a century earlier, its intentions were the same: release from bondage to a foreign money power and common market governed by the Babylonian shekel. This began the first steps towards Athenian sovereignty, and her High Period of excellence and national pride...
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