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Updated: May 16, 2025
The contraries are: to Kingdom tyranny, for Kingdom does all things with the guidance of reason and tyranny nothing; to Aristocracy oligarchy, when not the best people but a few of the worst are rulers; to Timocracy democracy, when not the rich but the common folk possess the whole power. XII. The origin of evil things; and that there is no positive evil.
The accumulation of gold in the treasury of private individuals is ruin the of timocracy; they invent illegal modes of expenditure; for what do they or their wives care about the law? Yes, indeed. And then one, seeing another grow rich, seeks to rival him, and thus the great mass of the citizens become lovers of money. Likely enough.
The new timocracy thus changed the letter of the constitution only to remain faithful to its spirit, while it at the same time in the mildest possible form attempted at least to check the disgraceful purchase of votes with all the evils therewith connected.
The PISISTRATIDS. The government of Athens, framed by Solon, was in effect a "timocracy," or rule of the rich. At the head of the popular party stood Pisistratus, a rich nobleman of high descent. He succeeded, by means of his armed guard, in making himself master of the citadel. He managed his government with shrewdness and energy. Industry and trade flourished.
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