In this analysis of the first colonialisms in history, the eastern roots of the Phoenician colonial system in the first millennium BC are traced and the metropolis of Tyre is established as the final link in a long chain of colonial experiences in the ancient Near East. The author reviews some of the theories and debates about trade and the colonial phenomenon, scrutinises the colonial situations that arose in the East in a context of long-distance interregional trade, and analyses the examples where a metropolis with a mercantile tradition intervenes and acts as intermediary in different interregional exchange circuits. The book further develops the ongoing debate about the place of the economy in the ancient world and the pertinence of using features from modern economy - such as market, capital, private initiative, laws of supply and demand, and money - to explain the economies of the past.

This updated version of Maria Eugenia Aubet's highly praised book (1993) incorporates the most recent research findings on the ancient civilization of Phoenicia and includes an updated bibliography. The Phoenicians established the first trading system in the Mediterranean basin between the eighth and sixth centuries B.C. Continuous archaeological research over the past decades has transformed our understanding of Phoenicia, its colonies and their relationship to local communities. First Edition Hb (1993): 0-521-41141-6 First Edition Pb (1996): 0-521-56598-7