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this post was submitted on 09 Jan 2025
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History
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Rome collapsed due to the contradictions of its slave economy. In order to pay its soldiers, Rome promised them land and slaves. In order to acquire those, Rome had to conqueror more territory, which required more soldiers, who were paid with land and slaves, so Rome had to conqueror more territory....etc. etc. repeat over and over.
Eventually they resorted to the use of mercenaries. Multiple assassinations of high ranking leaders caused civil wars, instability, etc. This made them vulnerable to invasion, which is exactly what happened and the Visigoths sacked Rome. They moved the capital and continued for several hundred years, but had declined to a fraction of what they once were.
There was also a huge plague that killed a quarter of the population and a mini-ice age which decreased agricultural yields enormously and forced migration from the Eurasian steppe.
I'd make a case for environmental factors being the biggest cause of collapse rather than economic contradictions.