What I Learned This Week

Wealth Distribution

The era of “empowered envy” is upon us. Beware! Plato believed in a political evolution from monarchy to aristocracy to democracy to dictatorship. The rapid rise of authoritarian governments and extreme right-wing and left-wing movements once again proves that the excesses of freedom inevitably lead to a backlash. Plato was proven right even in his own era. His philosophy was certainly borne out when Athens was so internally weakened by what Will Durant called “empowered envy” that Philip of Macedon easily conquered it. Many wealthy Greeks preferred him to revolution. Durant writes that “Athenian democracy disappeared under Macedonian dictatorship”. In Tides of War, Lysander, Sparta’s famo…

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