The Republic by Plato
The Republic by Plato Then we have now, I said, the second form of government and the second type of character?
We have.
Next, let us look at another man who, as Aeschylus says,
'Is set over against another State;'
or rather, as our plan requires, begin with the State.
By all means.
I believe that oligarchy follows next in order.
And what manner of government do you term oligarchy?
A government resting on a valuation of property, in which the rich have power and the poor man is deprived of it.
I understand, he replied.
Ought I not to begin by describing how the change from timocracy to oligarchy arises?
Yes.
Well, I said, no eyes are required in order to see how the one passes into the other.
How?
The accumulation of gold in the treasury of private individuals is the ruin of timocracy; they invent illegal modes of expenditure; for what do they or their wives care about the law?
Yes, indeed.