The Republic · ¶243

Next comes democracy and the democratic man, out of oligarchy and the oligarchical man. Insatiable avarice is the ruling passion of an oligarchy; and they encourage expensive habits in order that they may gain by the ruin of extravagant youth. Thus men of family often lose their property or rights of citizenship; but they remain in the city, full of hatred against the new owners of their estates and ripe for revolution. The usurer with stooping walk pretends not to see them; he passes by, and leaves his sting—that is, his money—in some other victim; and many a man has to pay the parent or principal sum multiplied into a family of children, and is reduced into a state of dronage by him. The only way of diminishing the evil is either to limit a man in his use of his property, or to insist that he shall lend at his own risk. But the ruling class do not want remedies; they care only for…

Plato · translated by Benjamin Jowett · composite transcription based on the 1888 third edition
Benjamin Jowett, revised third edition (1888), with Stephanus numbering from the 1908 edition; composite transcription, Project Gutenberg #55201
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