Capital and Investment in the Campanian Tablets
This chapter is devoted to capital and investments in the three groups of tablets found in the Vesuvian cities: the tablets of L. Caecilius Iucundus in Pompeii; those of Herculaneum; and the tablets of the Sulpicii (also known as the Murecine tablets) which have to do with transactions carried out in Puteoli. These contain almost no evidence of innovation; on the contrary, they bear witness to a wide range of economic activities and give much information on capital and investments. Among these investments, it is necessary to distinguish two categories: firstly, investments that involve lending money and charging interest, without the lender being directly involved in a given production process or business (this type of investment is discussed in the second part of the chapter); and secondly, investments that are to the contrary accompanied by direct involvement of the lender in production or in commercial activity (investments discussed in the third part of the chapter). The first part of the chapter studies the ways in which a group of freedmen might manage to amass a certain capital and to have investments. The final part is devoted to the dealings which Caecilius Iucundus had with the city of Pompeii.