A History of Greek Economic ThoughtTrever, Albert Augustus
History
A History of Greek Economic Thought
Trever, Albert Augustus
Economics -- Greece -- History; Thesis (Ph. D.)
As we have seen, one of the chief purposes of Plato in his limitation of
commerce was to eliminate graft from the government. Though his remedy
was not acceptable, yet his remarkable appreciation of a very grave
problem that still faces us should be recognized. Furthermore, no better
solution for it has ever been offered than the separation of politics
from big business. This was the underlying principle of his suggestion,
and it is in accord with the trend of modern statesmanship.
Another impelling motive of Plato in his stringent legislation was to
render impossible the development of extremes of wealth or poverty in
the state. Again, we should credit him with having clearly appreciated
the problem, though we may criticize his attempted solution. The great
commercial prosperity of today has made the situation vastly more acute,
and still economics has no satisfactory solution to offer. After all, in
the light of modern tendencies toward the regulation of industry and
commerce, some of Plato’s ideas do not seem so “grandfatherly,” but
rather prophetic, and in accord with sound economy. His legislation
against the sale of adulterated products,[242] and in favor of publicity
in business,[243] and state supervision of prices[244] has a startlingly
modern ring.
POPULATION
The problem of population and food supply, which disturbed Malthus and
some of the other English economists, was also a cause of concern to
Greek thinkers. This might well be expected, since it is a recognized
fact that the source of the grain supply was always a matter of grave
concern to Athens and many other Greek cities.[245] Plato states the
problem clearly and hints at a solution, when he says that the natural
increase of population in his state shall not exceed the economic basis
for it.[246] In the _Laws_, he suggests specific means for preserving
the proper number by restraining over-productive people, and by
encouraging the opposite.[247] If such general provisions should not
prove sufficient, he would then resort to colonization.[248] On the
other hand, should population be greatly depleted by war or disease, he
would even open the doors of citizenship to the undesirable
classes.[249] His interest in the problem of population, however, is
primarily moral and social rather than economic. Moreover, in antithesis
to Malthus, he limits his consideration to a very small, artificially
constructed state. With the narrow political vision of a Greek, he
thinks that the production of a _multitude_ of “happy-hearted” men in a
state is impossible.[250]
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