How the Mongols Changed Trade, War, and Globalization — Fexingo History
Long before venture capital, the Mongols created a state-backed merchant partnership system called ortogh that transformed trade across Eurasia. This episode explores how Genghis Khan and his successors loaned gold and silver to merchant consortia, who then traded from China to the Crimea. We look at the legal contracts, the tax exemptions (tamgha), and the travel passes (paiza) that made it all possible. The system fueled the Pax Mongolica but also sparked inflation and corruption. We discuss the role of Uyghur and Muslim merchants, the complaints of officials like Rashid al-Din, and how the ortogh system eventually collapsed under the Yuan dynasty. A fresh angle on Mongol economic history that connects to modern globalization. #Ortogh #MongolTrade #PaxMongolica #GenghisKhan #KhubilaiKhan #RashidalDin #YuanDynasty #Tamgha #Paiza #SilkRoad #History #FexingoHistory #CentralAsia #MedievalTrade #MerchantPartnerships #UyghurMerchants #EconomicHistory #SteppeEmpire Keep every episode free: buymeacoffee.com/fexingo [https://buymeacoffee.com/fexingo]
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