Plato on Oligarchy
Plato was no fan of democracy, but he got this one right. ‘We must describe’, says Plato, ‘how timocracy changes into oligarchy … Even a blind man must see how it changes … It is the treasure house that ruins this constitution. They’ (the timocrats) ‘begin by creating opportunities for showing off and spending money, and to this end they twist the laws, and they and their wives disobey them …; and they try to outrival one another.’ In this way arises the first class conflict: that between virtue and money, or between the old-established ways of feudal simplicity and the new ways of wealth. The transition to oligarchy is completed when the rich establish a law that ‘disqualifies from public office all those whose means do not reach the stipulated amount. This change is imposed by force of arms, should threats and blackmail not succeed …’ Popper, Karl R.. The Open Society and Its Enemies (Princeton Classics) . Princeton University Press. Kindle Edition. Citizen's United...