Mexico tư nhân hóa các ngành công nghiệp nhà nước tạo ra các tỷ phú mới, nhưng tiền lương thực tế giảm, các gia đình trung bình mất 30% sức mua của nó. 21 tỷ $ đưa vào công quỹ nhà nước do tư nhân thất bại trong việc ngăn chặn một sự sụp đổ tiền tệ dẫn đến sự bất lực của đất nước để trả lãi suất tiền vay. | Decline and Disaster whose orthodoxy is now unquestioned. Even St. Francis of Assisi was fortunate to escape the Inquisition. Several of his closest followers were less fortunate. Despite the institution of the Inquisition the papacy declined in stature. Effects ranged from a papal legate who was forced to take refuge in the Castel Sant Angelo where he was bombarded with excrement to the exile of the papacy to Avignon from the election of three competing popes at the same time to a succession of anti-popes. By the fourteenth century Western Christendom Byzantium and Islam were now drawing further and further apart. to revert to what is usually considered a typically medieval condition they became closed societies withdrawn into their separate two most powerful estates the nobility and clergy cut themselves off from the masses. so did the intelligentsia. The anti-Semitism of the later Middle Ages was part of the same trend. Higher education was becoming narrower and more specialized and the bureaucratic Church entrenched behind the Inquisition and Canon Law and intent on theological refinement was becoming increasingly remote from the laity and the people . Ibid. p. 7-8 89. This is not to deny the brilliance of thinkers of the late Middle Ages Thomas Aquinas Meister Eckhart Duns Scotus William of Ockham Roger Bacon. But society had become closed and hostile. Aquinas s teachings were condemned by both the Church and the University of Paris. Meister Eckhart was tried his teachings were condemned by the pope as heretical and his writings were officially burned. William of Ockham was excommunicated. Roger Bacon died in prison. Economies were slower to decline. Even after wealth discrepancies began widening there was time before economies would falter. The rich continued to prosper for a century. But the economic condition of the masses deteriorated leading to widespread malnutrition and starvation. This in turn led to violence and unrest regicide Edward II .
