The wealthiest man in the history of humanity (according to TIME magazine and academics) visited the Middle East only once. It was in 1324 when the Islamic Empire was still what, centuries later, Westerners would call the First World to refer to themselves. Various witnesses, including Syrian historians, detailed the impression the mighty king of Mali left on his year-long pilgrimage.
Mansa Musa crossed Africa along its most extended parallel, carrying so much gold in his coffers that, upon reaching Egypt, his generosity to the poor he met along the way produced an inflation that lasted ten years.
Four centuries later, the Irish banker Richard Cantillon discovered that the issuance of money always benefited the rich closest to power since they could buy and invest before the wave of inflation reached them. Unlike modern inflations, where money creation occurs at the top of the social pyramid, and its creators call it “the tax of the poor,” the inflation that Musa produced must not have been so bad for the poor since those who received the gold first benefited before the inflation reached those at the top. A rarity in the history of economics, about which I am unaware of academic discussions.
At the end of the 19th century, William Jennings Bryan, the Democratic candidate supported by the left-wing Populist Party and by the unions of the United States, proposed issuing and distributing silver dollars to get out of the deep recession. Banks and large corporations criminalized the proposal because the measure would create inflation. For farmers and indebted workers, the word inflation did not scare them—quite the opposite. More significant inflation would benefit them. Not to mention a redistribution of the wealth accumulated in a few families during the so-called Gilded Age that preceded the Progressive Era.
The banks hired the writer Theodore Roosevelt, later known as the gentlemanly president with the big stick, to paint Bryan as a radical who wanted to turn workers against the rich. Intimidated by the mass rhetoric, businessmen hung signs outside their factories warning that if young Bryan were elected president, their factories would close. Bryan lost the election, the first where mass corporate propaganda showed its teeth.
Mansa Musa and his prosperous tourist fortune traveled protected by an army of guards and ten thousand slaves. Even today, there are discussions about the number of slaves, though none about who they were. Civilized Western literature calls other people’s servants slaves and their own slaves employees. Those slaves, like today’s wage slaves, were not slaves by race, nor was their slavery hereditary, two perversions that the West added not many centuries ago to justify the buying and selling of human beings as if they were donkeys or financial shares. In any case, each slave or servant of Musa carried a small fortune of almost two kilos of gold.
I have always been impressed by this fact, now distant, even though it was not a rarity. The guards and his servants could have taken Musa prisoner without effort. They could have killed him or abandoned him in the sands of the Sahara, where he would have perished by unknown efforts. In Mali, in absentia, an even larger conspiracy could have replaced him from power, and his incalculable fortune in gold could easily have been distributed among the newly rich or the people themselves.
Although none of this would have been unthinkable for history, judging by the fact it was for his subjects. What prevented them from giving in to individual temptation or collective justice?
Mansa Musa was protected by the belief of his subjects, a protection that no modern weapon could have provided him on his journey from Mali to Egypt and then to Mecca. This belief in a myth of power is probably responsible for the status quo of any social and economic system throughout history, including the capitalist system.
For centuries, from Father Bartolomé de las Casas, from Simon Bolivar to the anti-slavery activists in the United States, slaves participated in the resistance to their liberation. What prevented them from rebelling against the minority of their masters? Partly, the whip and firearms were in white hands, as was proven in a few rebellions, but these failed because they were not massive. They were not massive because the preaching and the moralizing of the white master were more effective than his whip when they were successful, as in Haiti in 1804, they were shattered by the silent presence of the imperial cannons of France and the United States.
A slave rebellion did not initiate the end of shackle slavery, but by the activism of a few free citizens and by the inconvenience of the old slave system for the new industrial masters of the north who preferred wage-earning Slavs as a cheaper and more convenient alternative for production and consumption. The fear of the master, the blind faith in a leader, in a system, is only broken by an imbalance that rhetoric cannot mend.
A second observation follows from this story of Musa. Despite his massive accumulation of wealth, his time and even contemporary history remember him as a generous leader. This does not mean that Musa was an exceptionally kind man, any more than Bill Gates is for his philanthropic hobby. It means that humanity has always valued generosity and altruism as crucial values for the survival of the species and collective happiness. Generosity, benevolence, compassion, and empathy for the needy have always been superior values since the origins of civilization and, indeed, since the Paleolithic. Otherwise we would not be here today, me writing these words and you reading them.
Since biblical and pre-war times, wealth accumulation by a few in a town with poor people was considered a sin. Prophets like Amos, like Jesus, were demonized for denouncing this form of social injustice. Wise governors were those who canceled the unpayable debts of those below, with that gesture of the torch that later became the Statue of Liberty in Manhattan, on the verses that say “give me the poor of this world,” another monument to modern emptiness.
In other words, our time is characterized by a historical anomaly, such as the valuation of selfishness and cruelty as virtues and solidarity and altruism, as Milei said in Washington (“social justice is violent”) and as writers like Ryan Ann had formulated in 1964: “evil is compassion, not selfishness.”
All that our time has demonized as weaknesses of the individual and immoralities of society while elevating psychopaths like Elon Musk, drug-addicted Nazis with almost as much money as Argentina and more than Malaysia or Colombia, to the category of heroes.
Jorge Majfud, January 2025

Debe estar conectado para enviar un comentario.