A History of Greek Economic ThoughtTrever, Albert Augustus
History
A History of Greek Economic Thought
Trever, Albert Augustus
Economics -- Greece -- History; Thesis (Ph. D.)
The regulations limiting the acquisition or possession of personal
property are even more stringent, though here an absolute equality is
not attempted. He seeks, however, to prevent the rise of inequality of
fortunes, at the very threshold, by making undue acquisition difficult
or even impossible for the citizens. All money-making occupations are
practically closed to them[341]—trade,[342] the mechanical arts,[343]
and even agriculture, so far as their own personal work is concerned.
The latter is given over to slaves,[344] the arts and trade to aliens,
with strict limitations to be enforced by the officers of the
market.[345] As seen above, two-thirds of the farm products are not to
be subject to commercial dealings.[346] The loan of money at interest is
forbidden, and he who disobeys will risk the loss of both principal and
interest.[347] A bulky coinage of baser metal is provided for the daily
use of private citizens, such as will not pass current in another
country.[348] No dowries are to be given or received,[349] and there
shall be no hoarding, but the entire produce of the lots must be
annually distributed for consumption among the whole population of the
state.[350] To make assurance doubly sure, Plato prohibits his citizens
from owning personal property above four times the value of the
lot,[351] or four minas.[352] Any amount in excess of this must be
handed over to the state on pain of severe fine for disobedience.[353]
This is to be accomplished by the regulation that all property except
the lot must be publicly registered, and failure to fulfil this
obligation entails the loss of all but the original lot, and public
disgrace.[354]
In all this drastic limitation of property rights, Plato’s chief motive
is to render excessive wealth or poverty impossible,[355] and to
harmonize the citizenship by reducing all inequalities to a
minimum.[356] This he purposes to accomplish, not merely by the
foregoing restrictions, but also by means of a common education,[357]
and by the institution of the _sussitia_.[358] He makes the road to
comparative equality easier than in his first state by relegating all
the third class, the artisans, merchants, and farmers, outside the pale
of citizenship.[359] The actual difference, however, is not so great as
it might appear. In the _Republic_ there is equality in the upper class,
while in the _Laws_ there is comparative equality among the citizens who
comprise only the upper class. In neither case is there a real equality
in the whole state. Plato is well aware that only approximate equality
can be attained, and that differences not only in property, but also in
birth, virtue, strength, and beauty, are bound to exist.[360] He would
therefore have taxes and distributions unequal in the same ratio, so as
to avoid dissatisfaction and dispute.[361] The difficulties incident to
such a scheme of legislation he would obviate by starting a new state in
virgin soil.[362]
Public-domain text, read in full here on John Shaqi.
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