Plato and the Other Companions of Sokrates, 3rd ed. Volume 4
Plato · en
Out of this timocracy, or timarchy, the city will next pass into
an oligarchy, or government of wealth. The rich will here govern,
to the exclusion of the poor. Reason, in the timocracy, was under
the dominion of energy or courage: in the oligarchy, it will be
under the dominion of appetite. The love of wealth will become
predominant, instead of the love of force and aggrandisement. Now
the love of wealth is distinctly opposed to the love of virtue:
virtue and wealth are like weights in opposite scales.[263] The
oligarchical city will lose all its unity, and will consist of a
few rich with a multitude of discontented poor ready to rise
against them.[264] The character of the individual citizen will
undergo a modification similar to that of the collective city. He
will be under the rule of appetite: his reason will be only
invoked as the servant of appetite, to teach him how he may best
enrich himself.[265] He will be frugal,--will abstain from all
unnecessary expenditure, even for generous and liberal
purposes--and will keep up a fair show of honesty, from the fear
of losing what he has already got.[266]
[Footnote 263: Plato, Republic, viii. pp. 550 D-E-551 A. 550 E:
[Greek: proi+o/ntes ei)s to\ pro/sthen tou= chrêmati/zesthai,
o(/sô| a)\n tou=to timiô/teron ê(gô=ntai, tosou/tô| a)retê\n
a)timote/ran. ê)\ ou)ch ou(/tô plou/tou a)retê\ die/stêken,
ô(/sper e)n pla/stiggi zugou= keime/nou e(kate/rou a)ei\
tou)nanti/on r(e/ponte?] Also p. 555 D.]
[Footnote 264: Plato, Republic, viii. p. 552 D-E.]
[Footnote 265: Plato, Republic, viii. p. 553 C.]
[Footnote 266: Plato, Republic, viii. p. 554 D.]
[Side-note: 3. Democracy, and the democratical
individual.]
The oligarchical city will presently be transformed into a
democracy, mainly through the abuse and exaggeration of its own
ruling impulse--the love of wealth. The rulers, anxious to enrich
themselves, rather encourage than check the extravagance of young
spendthrifts, to whom they lend money at high interest, or whose
property they buy on advantageous terms. In this manner there
arises a class of energetic men, with ruined fortunes and habits
of indulgence. Such are the adventurers who put themselves at the
head of the discontented poor, and overthrow the oligarchy.[267]
The ruling few being expelled or put down, a democracy is
established with equal franchise, and generally with officers
chosen by lot.[268]
[Footnote 267: Plato, Republic, viii. pp. 555-556.]
[Footnote 268: Plato, Republic, viii. p. 557 A.]