A History of Greek Economic ThoughtTrever, Albert Augustus
History
A History of Greek Economic Thought
Trever, Albert Augustus
Economics -- Greece -- History; Thesis (Ph. D.)
_b_) The general prejudice in Greece against industry, labor for
another, and finance for its own sake. That such a prejudice existed to
some degree, arising from the old aristocratic feeling, moral
objections, the reflex influence of slavery, the spirit of independence,
and the belief that leisure was necessary for the proper performance of
the duties of citizenship, is generally admitted. The commonly assumed
universality of this feeling is, however, open to grave question. The
prejudice against skilled labor was probably limited to the moral
philosophers, and perhaps to the more aristocratic portion of the
citizens, and we shall see in another chapter that the hostile attitude
of the philosophers themselves has been considerably exaggerated. The
evil effects of slavery also could not have been so marked in Greece,
before the age of machinery. Moreover, as Meyer has pointed out, a
prejudice against manual labor is evident among the more favored classes
in most European countries today, yet it does not appear to retard the
advance of industry in the least.[64]
_c_) The approval of conquest as a legitimate source of wealth. This is
somewhat true as applied to the state, but it certainly is irrelevant
for the individual citizen of fifth-century Athens. To appeal to
Aristotle’s list of legitimate employments as evidence of this is to
misinterpret his meaning, for he is thinking of a primitive life, not of
contemporary Greece.[65]
_d_) Economic facts are a commonplace of daily life, and familiarity
breeds contempt.[66] This statement contradicts the first reason given
by Haney. Moreover, it is somewhat unfortunate as applied to Greece,
since the very opposite reason is given for the prominence of political
speculation—the commonness of practical politics.
_e_) Perhaps the strongest reason for the comparative unimportance of
Greek economic thought is usually not emphasized. It is the patent fact
that almost our only extant sources are the Socratic philosophers, who
represent avowedly a direct moral reaction against the commercial spirit
and money-greed of their age.[67] Thus the limited development of Greek
economics, so far from being an evidence of primitive economic
conditions in Greece, is a direct argument for the opposite. To be sure,
a man with the scientific mind of Aristotle would scarcely have failed
to gain a clearer apprehension of certain fundamentals of economics than
he did, had his economic environment been more complex. Yet the fact
remains that he and Plato are moral prophets, protesting against that
very capitalism whose existence many modern historians have sought to
deny to their age.
Footnote 18:
Cf. _infra_ for qualifications. Zimmern (_op. cit._, p. 227) rightly
insists: “In spite of what is often said, Greece did produce
economists.”
Footnote 19:
Public-domain text, read in full here on John Shaqi.
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