Dannydehz
Chieftain
- Joined
- Mar 25, 2007
- Messages
- 94
Economic Institutions of the Ritti
As is explained in an earlier chapter of this book, the religious institutions of the Ritti pantheon are generally wealthy beyond comprehension. The temple complexes, especially the temples of Nagash, the Sea-Goddess of trade, are essentially places where many economic activities take place. The temples of Ashtar collect tribute from worshipers who are cured of disease and those who make use of the religious order of prostitutes, the temples of Dagar gain wealth through the judicial and scholarly services they provide, etc.
Thanks to their institutional wealth, the temple complexes play an important role in the Ritti economy. With their wealth, the temple complexes often buy goods in bulk, storing them in their large storage rooms. Many farmers and fishermen find a guaranteed buyer in one of the many temple complexes, who in turn distribute the goods to individual consumers and merchants alike. In effect, the temple complexes serve as the middle men in the Ritti economy and thanks to their wealth, stored over centuries, they are efficient middle men, capable of investing large sums of money and often contributing a large part of the initial capital investment of high-profit trade expeditions to the north.
In the recent decades, successful merchants and wealthy nobility are increasingly circumventing the religious orders by setting up their own trade guilds and merchant houses. While still small, compared to the religious orders, these new guilds and houses are increasingly gaining in wealth, especially as they are often led by a small group of ambitious men seeking to get rich quickly, rather then large age-old institutions seeking to consolidate their positions. Thus, the merchant houses and trade guilds are more willing to finance risky expeditions to the far north or far south, seeking out exotic goods and strange market places to make a large profit. Slowly but surely, the secular financial institutions are rising to prominence.
As is explained in an earlier chapter of this book, the religious institutions of the Ritti pantheon are generally wealthy beyond comprehension. The temple complexes, especially the temples of Nagash, the Sea-Goddess of trade, are essentially places where many economic activities take place. The temples of Ashtar collect tribute from worshipers who are cured of disease and those who make use of the religious order of prostitutes, the temples of Dagar gain wealth through the judicial and scholarly services they provide, etc.
Thanks to their institutional wealth, the temple complexes play an important role in the Ritti economy. With their wealth, the temple complexes often buy goods in bulk, storing them in their large storage rooms. Many farmers and fishermen find a guaranteed buyer in one of the many temple complexes, who in turn distribute the goods to individual consumers and merchants alike. In effect, the temple complexes serve as the middle men in the Ritti economy and thanks to their wealth, stored over centuries, they are efficient middle men, capable of investing large sums of money and often contributing a large part of the initial capital investment of high-profit trade expeditions to the north.
In the recent decades, successful merchants and wealthy nobility are increasingly circumventing the religious orders by setting up their own trade guilds and merchant houses. While still small, compared to the religious orders, these new guilds and houses are increasingly gaining in wealth, especially as they are often led by a small group of ambitious men seeking to get rich quickly, rather then large age-old institutions seeking to consolidate their positions. Thus, the merchant houses and trade guilds are more willing to finance risky expeditions to the far north or far south, seeking out exotic goods and strange market places to make a large profit. Slowly but surely, the secular financial institutions are rising to prominence.