Spoiler Alert: This post reveals details of Downton Abbey, through Season 6, Episode 1.
On Downton Abbey, Earl Robert repeatedly faces financial trouble. Many of his fellow nobles and gentry find themselves in even more dire straits. They cope by selling off their birthright — castles, houses, treasures, and land — and living humbler lives. Why do these apparently rich people teeter on the edge of financial ruin?
For most of their history, Britain’s nobles and gentry lived off of the profits of farming. But by the early 20th Century, agricultural wealth had been dwarfed by the riches of industry. Farms still made money but proportionately much less, and they couldn’t easily support the upper class’ high cost of living or the tax burden of industrial society. And many nobles and gentry could not or would not supplement their income by working. Continue reading “Decline on Downton Abbey: Why the Nobles and Gentry Went Broke”