A centralized planned economy where Pharaoh and palace coordinate state resources to build pyramids, producing inequality, corruption, and waste.
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pyramid economy
A centralized planned economy where Pharaoh and palace coordinate state resources to build pyramids, producing inequality, corruption, and waste.
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Key Notes
A pyramid economy means centralized planning, where Pharaoh and palace coordinate state resources; Jiang says such centralization produces inequality, corruption, and waste.
The pyramid economy depends on three simultaneous capacities: specialization, institutionalization as memory of knowledge, and systemization that coordinates writing, finance, workshops, and labor.
Jiang credits Imhotep with creating the pyramid economy and says his contribution was so significant that Egyptians deified him.
Timestamped Evidence
"...problem is in order to build the pyramids, you need a pyramid economy. Okay? A pyramid economy. And what the pyramid economy represents is..."
"...just waste. It's not very efficient. So basically a pyramid, a pyramid economy is just a complete waste of resources. All right? And the..."
"Okay? One, because it's a Christ of faith. It doesn't really work. Second is the centralization creates inequality, corruption, and waste. And third is..."
"...so let me elaborate on this. When I talk about the pyramid economy, I'm talking about three things. I'm talking about specialization, right? Just..."
"...you have to bring all these pieces together, okay? So the pyramid economy, was extremely complex because you needed all three things to happen..."
"You need writing, a writing system. You need a financial system. You need a lot of elements, okay? I'm making this sound a lot..."
"So basically what Egypt was doing during the pyramid economy was taking all its grain, all its resources, and then selling it overseas in..."
Relevant Lectures And Readings
A source-grounded reading of the Great Pyramid as Egypt's Manhattan Project: a divine battery, a state economy, and a wager that a sacred body could control the Nile, unify Egypt, and make peace eternal.
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