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It is a matter of opinion. Personally I would be very careful about making such connection. It is totally off the mark. For a start Satyricon was written in the late 1st century A.D., four centuries before the fall of the western part of the Roman Empire, and at time which was the peak of Roman civilisation. Above all, it is meant to be a satire about the Roman 'nouveau riche'. Trimalchio is a freedman who works hard and moves from being a slave and someone else's property, someone who does not possess anything, to being a rich man. Despite knowing what it is like being of very low social status and the meaning of working hard, he becomes self-indulgent, ostentatious, pompous and egotistic like someone who is rich by birth.

It think that is story is more about the Roman practice of freeing slaves and giving the freedmen Roman citizenship and the opportunity to become wealthy. Trimalchio becomes like one who is rich by birth and his steeped in self-indulgence and a show off. Note that he shows off to other people who are 'nouveau riche' and mostly freedmen. Despite his wealth he is not a member of the elite and never will be; his audience is people of his kind.

Be careful about stereotypes. There is this stereotype about the Romans losing their empire because they had become self-indulgent, debauched and weak. This in not how they lost their empire at all.

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