A History of Greek Economic ThoughtTrever, Albert Augustus
History
A History of Greek Economic Thought
Trever, Albert Augustus
Economics -- Greece -- History; Thesis (Ph. D.)
Our author does not definitely reveal his attitude toward the poorer
masses, but it seems probable that he had little interest in them,
except in so far as their condition might affect the fortunes of the
state. He was, of course, opposed to giving them full political
rights,[472] and would probably have preferred a system such as that in
Plato’s _Laws_, where all free citizens have sufficient income so that
they can give their time largely to the state, and where all laborers
are slaves. He did not think of suggesting that the poorer citizens work
in the mines, or even that aliens do so, but suggested rather that each
citizen have the income from three state slaves.[473]
While Xenophon is not usually considered among the socialists of Greece,
he approaches perhaps even nearer than Plato to one phase of modern
socialism. Like Plato, he opposes the extreme individualism of the
political and private life of his day.[474] He also reveals the Greek
feeling of the social obligation of private property.[475] Again, as do
Plato and modern socialists, he magnifies the power of law to transform
economic or social conditions.[476] But in advocating the modern
doctrine of the socialization of industry, with an economic, and not a
moral or political, motive, he has advanced beyond either Plato or
Aristotle, and approaches modern socialism.[477] As seen above, however,
his economic motive is not interest in the welfare of the masses, for by
his scheme they would all be slaves. He desires only to abolish poverty
among the citizens.[478] He would have the state become entrepreneur,
not merely in one, but in many branches of industry. State merchant
shipping,[479] public ownership of slaves,[480] public exploitation of
the mines,[481] public buildings near the mines, for rental to
strangers,[482] are all in his plan. The rich must finance the scheme,
but their profit will be 18, 36, or even 200 per cent.[483] Companies
are to be organized so as to obviate individual risk.[484] Thus will
poverty be no more, plenty for all will reign, and there will be an era
of prosperity and security for the state.[485]
His thesis is, in a word, that what private capital can accomplish for
the enrichment of itself alone, state capital can accomplish to better
advantage for the enrichment of the whole citizenship,[486] a doctrine
which strikes a truly modern socialistic note.
Footnote 375:
We shall not try to distinguish between the actual ideas of Xenophon
and those which he reports objectively as Socratic.
Footnote 376:
On the Xenophontine authorship of the _Revenues_, cf. Croiset, _op.
cit._, IV, 393 and notes; Christ, _Griechische Literatur-Geschichte_,
4th ed., pp. 367 f. and notes. Other authorities are cited there.
Footnote 377:
Public-domain text, read in full here on John Shaqi.
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