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 stated in the Introduction, the economic interest of Greek thinkers
was particularly alive in the fields of distribution and consumption. It
is here that they are especially interesting and suggestive.[251]
However, they dealt very little with the important principles of
distribution as laid down by modern economists. Theories of the several
elements that enter into distribution—wages, profits, and rent—are for
the most part conspicuously absent.[252]
The problem of distribution is also hardly considered from the modern
standpoint. We look in vain for a treatment of the modern dominant
question of the relation between capital and labor. Moreover, the Greek
theories of distribution are, on the whole, not the outgrowth of the
sentiment of human sympathy for the poor and the common laborer, which
is so prevalent today. The purpose seems to be to guard against
dishonesty rather than oppression from either contracting party.[253]
This lack in Greek theory is not strange, in an age when slaves took the
place of machinery, so that capital and labor were largely united in
them, while the majority of free laborers worked directly for the
public, or on the land.[254] The goal of the theorists, therefore, is
the conservation of the state rather than the relief of any class of the
citizenship.
Plato discusses the importance of a proper distribution of wealth in the
_Republic_, but the point that looms large to him is the fact that
excessive wealth or poverty is likely to endanger the stability of the
state.[255] As seen above, also, some of his regulations in the _Laws_
seem to strike a modern note. He would have a state commission fix
prices,[256] would permit the state to limit the freedom of
inheritance,[257] and perhaps even intervene in securing a just
wage.[258] Yet in all of this, the dominant motive is to avoid civic
discord.
Before proceeding to the larger subject in distribution, Plato’s theory
of private property, we will discuss briefly his attitude toward the
laboring classes.[259] It is commonly asserted that the Greek
philosophers had little or no regard for the masses. As usually
expressed, however, the statement is very unfair, and especially to
Plato. Such extreme assertions as the following are frequent: “They [the
masses] are of no account altogether.”[260] Plato in the _Republic_
“voue à l’ignominie, au mépris, à la misère, à la servitude éternelle la
classe des ouvriers.”[261] “Für die des Erwerb obliegenden Personen
bedarf es keiner Erziehung.”[262] “Plato, in treating of the ideal
state, deems it not worth while to concern himself with the trading and
artisan classes.”[263] “Und im übrigen will er sie [the masses], wie es
scheint, durchaus sich selbst überlassen.”[264]
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