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I don't see why it wouldn't, but the nature of the Empire would change a great deal I'd think, but the most destructive elements of the old empire would be dialed up to 11. Rome was more or less screwed by massive public subsidy schemes and uncontrolled immigration by germanic and Persian...

Rome could have had an industrial revolution whenever it wanted, it didn't because they lacked the social pressures that caused the industrial revolution in the west millennia later. See slavery ended in the UK and servitude and the like because it became far cheaper to just pay a wage for...