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A History of Greek Economic Thought

Note 234 — Chapter III · PLATO

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920B-C. Plato’s market regulations would exclude all selfish competition and all gain, beyond mere return for labor expended, from exchange, and would base it upon a mutual spirit of reciprocity. Thus here, as often, he is the model for Aristotle, who usually fails to recognize his debt. Espinas (Revue des Etudes Grecques, XXVII [1914], 246) is hardly in accord with the modern spirit in declaring that competition is the social bond, and that Plato misconceives the nature of this bond.

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