
“From Conquest to Commercialization: Shifting between Gift-Giving and Commercial Exchange in the Roman Republic”
This paper examines the economies of the Late Roman Republic. Specifically, it focuses on the gift-giving economy that elite Roman men participated in and the ways in which the creation of the Roman denarius disrupted this exchange. The circulation of the denarius throughout the Mediterranean revolutionized commercial exchange, allowing all citizens to participate in trade without the need for the personal relationships previously required. However, this open access to trade created anxiety for elites. If coinage became the norm, the need for personal connections and therefore the higher position in society that elites held would become unnecessary or obsolete. This paper outlines the ways in which these anxieties manifested in elite writings both during the late republic and into the imperial period after as well as how these anxieties determined how elite men framed commercial exchange as a threat to traditional Roman values.