This CODE Rules Modern Finance - Hammurabi’s Code Explained

[@jmccoomber1659]

Amazing how this ancient society embraced the same important ethical considerations that we still work with today! $

[@HistoryXFinance]

Very true! It’s amazing how the code is still influencing us today… 4000 years later. Thanks for watching

[@Elle20324]

Fascinating information. I love this episode. Keep the high value info coming like the laws of compounding interest...

[@HistoryXFinance]

Great idea, of course, will do!

[@SpecialAgent666]

There was an older set of laws from that region older than Hammurabi's by an ancient king whose name begins with the letter A. I believe his name was either Babylonian also or Akkadian or Sumerian or other similar culture.

[@HistoryXFinance]

Yes, you're right! Hammurabi's Code is generally considered to be the first recorded code of law in human history. But, the Sumerian King Ur-Nammu's code dates back to the 21st century BC so it would be three centuries older and there was another set of laws, the Sumerian Code of Lipit-Ishtar of Isin, that was two centuries older than Hammurabi's code. While both Ur-Nammu's and Lipit-Ishtar's codes predate Hammurabi's, they differ in scope and focus. Ur-Nammu's code is about compensatory justice, outlining penalties in silver for various crimes, whereas Lipit-Ishtar's code is more on social structure, addressing inheritance, marriage, and the duties of slaves and tenants. www.history.com/topics/ancient-middle-east/hammurabi

[@jaredchilders3781]

Sargon of Akkad aka the great

[@SpecialAgent666]

@@jaredchilders3781 Sargon was a great ancient King installed in power by Goddess Ishtar. It's going to be a challenge to find who I Am talking about as he is not that popular but I recall his long name starts with an A.

[@harshavandu]

Thanks for the excellent explanations explanation ! I just came to men Ur-Nammu 😊

[@storiesreadaloud5635]

Imagine believing that nobody before this, anywhere else in the world, had engaged in writing or the forming of laws.

[@HistoryXFinance]

That's technically not true though. Hammurabi's code is generally considered to be the first recorded code of law in human history - sure, but, the Sumerian King Ur-Nammu's code dates back to the 21st century BC so it would be three centuries older and there was another set of laws, the Sumerian Code of Lipit-Ishtar of Isin, that was two centuries older than Hammurabi's code. Important to keep this in context...

[@MukiBlalock]

'... more people were coming in..." Gee that SOUNDS FAMILIAR!😂🎉❤

[@peacehopelovecharity]

$ Excellent video

[@HistoryXFinance]

Thanks 👍

[@jaredchilders3781]

Cain is eating Ham for Christmas dinner!

[@forgetaboutitjj]

£ great video

[@HistoryXFinance]

I like how used the pound sign instead of the dollar sign 🤑

[@veronicalogotheti1162]

Thank you

[@HistoryXFinance]

Thanks for watching

[@lewistib9674]

💲! Amazing !

[@moxiemcmahon]

....and obviously Hammurabi could pardon anyone he wished...nice to see the more things change the more they stay the same🫣

[@HistoryXFinance]

True, his power to pardon shows how centralized authority worked back then and his laws do still influences us today. Ideas like "innocent until proven guilty" and making punishments that fit the crime trace back to his code. More here: www.history.com/news/hammurabi-code-legal-system-influence

[@almcl9391]

$ great piece

[@HistoryXFinance]

Thanks for the kind words

[@MukiBlalock]

HAMMURABI - NOT TO BE CONFUSED WITH "KIMOSABI"!😂😂😂🎉❤

[@Syllabus1997]

What about the Code of Ur-Nammu come on why do the babylonians always get the credit?

[@HistoryXFinance]

I understand where you're coming from, but, it's probably because Hammurabi's code has more specific details and covers a wide variety of subjects including family law, property rights, and commercial transactions and has around 282 laws.

[@jedediahbeaman7989]

👍

[@HistoryXFinance]

Thanks for watching

[@LuoBin-th5sj]

💸💵💵💵

[@chrisrosenkreuz23]

The code of Hammurabi is 081887

[@aieverythingsfine]

peace profound

[@angelawessels]

Slaves getting wages and owning property. Writing off unpaid loans and protection from exploitation. Not perfect but not bad either. $

[@HistoryXFinance]

True. It was a good start.

[@GallowglassAxe]

💲

[@HistoryXFinance]

Thanks for watching!

[@DeniseJean24]

$

[@HistoryXFinance]

Thanks for watching till the end!

[@vikidedwards2453]

$

[@HistoryXFinance]

Awesome

[@58clips58]

💰$

[@HistoryXFinance]

Awesome!!

[@Jcruz388]

$

[@HistoryXFinance]

Nice - you got there first 💪

[@KingSOF-7-5-8]

$$

[@HistoryXFinance]

Nice!

[@Elle20324]

$

[@HistoryXFinance]

Thanks for watching! 🙏

[@kylebeach4051]

$

[@HistoryXFinance]

Thanks for watching

[@WarPigP13]

$

[@HistoryXFinance]

Nice