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Aristotle, 384 BC-322 BC

"Politics: A Treatise on Government"

But
in Carthage, which is a democracy, money-getting is creditable, and
yet their form of government remains unaltered. It is also absurd to
say, that in an oligarchy there are two cities, one of the poor and
another of the rich; for why should this happen to them more than to
the Lacedaemonians, or any other state where all possess not equal
property, or where all are not equally good? for though no one member
of the community should be poorer than he was before, yet a democracy
might nevertheless change into an oligarchy; if the rich should be
more powerful than the poor, and the one too negligent, and the other
attentive: and though these changes are owing to many causes, yet he
mentions but one only, that the citizens become poor by luxury, and
paying interest-money; as if at first they were all rich, or the
greater part of them: but this is not so, but when some of those who
have the principal management of public affairs lose their fortunes,
they will endeavour to bring about a revolution; but when others do,
nothing of consequence will follow, nor when such states do alter is
there any more reason for their altering into a democracy than any
other. Besides, though some of the members of the community may not
have spent their fortunes, yet if they share not in the honours of the
state, or if they are ill-used and insulted, they will endeavour to
raise seditions, and bring about a revolution, that they may be
allowed to do as they like; which, Plato says, arises from too much
liberty.


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