Latifundium
From Mises Wiki, the global repository of classical-liberal thought
Latifundium (Latin) is a large landed estate as owned by the old Roman aristocracy, the medieval lords and, at various historical periods, by the landed aristocracy in non-European lands. Most of them were originally obtained by conquest or as a reward for military assistance to a conqueror. They were worked by gangs of slaves, former prisoners of war or their descendants.[1]
References
- ↑ Percy L. Greaves, Jr. "Mises Made Easier ", 1974. Referenced 2014-07-18.
