A Genealogy Of Greed In Classical Athens

In this original and rewarding combination of intellectual and political history, Ryan Balot offers a thorough historical and sociological interpretation of classical Athens centered on the notion of greed. Integrating ancient philosophy, poetry, and history, and drawing on modern political thought, the author demonstrates that the Athenian discourse on greed was an essential component of Greek social development and political history. Over time, the Athenians developed sophisticated psychological and political accounts of acquisitiveness and a correspondingly rich vocabulary to describe and condemn it. Greed figures repeatedly as an object of criticism in authors as diverse as Solon, Thucydides, and Plato--all of whom addressed the social disruptions caused by it, as well as the inadequacy of lives focused on it. Because of its ethical significance, greed surfaced frequently in theoretical debates about democracy and oligarchy. Ultimately, critiques of greed--particularly the charge that it is unjust--were built into the robust accounts of justice formulated by many philosophers, including Plato and Aristotle. Such critiques of greed both reflected and were inextricably knitted into economic history and political events, including the coups of 411 and 404 B.C. Balot contrasts ancient Greek thought on distributive justice with later Western traditions, with implications for political and economic history well beyond the classical period. Because the belief that greed is good holds a dominant position in modern justifications of capitalism, this study provides a deep historical context within which such justifications can be reexamined and, perhaps, found wanting.

In this original and rewarding combination of intellectual and political history, Ryan Balot offers a thorough historical and sociological interpretation of classical Athens centered on the notion of greed. Integrating ancient philosophy, poetry, and history, and drawing on modern political thought, the author demonstrates that the Athenian discourse on greed was an essential component of Greek social development and political history. Over time, the Athenians developed sophisticated psychological and political accounts of acquisitiveness and a correspondingly rich vocabulary to describe and condemn it. Greed figures repeatedly as an object of criticism in authors as diverse as Solon, Thucydides, and Plato--all of whom addressed the social disruptions caused by it, as well as the inadequacy of lives focused on it. Because of its ethical significance, greed surfaced frequently in theoretical debates about democracy and oligarchy. Ultimately, critiques of greed--particularly the charge that it is unjust--were built into the robust accounts of justice formulated by many philosophers, including Plato and Aristotle. Such critiques of greed both reflected and were inextricably knitted into economic history and political events, including the coups of 411 and 404 B.C. Balot contrasts ancient Greek thought on distributive justice with later Western traditions, with implications for political and economic history well beyond the classical period. Because the belief that greed is good holds a dominant position in modern justifications of capitalism, this study provides a deep historical context within which such justifications can be reexamined and, perhaps, found wanting.

Historians since Herodotus and Thucydides have claimed that the year 483 BCE marked a turning point in the history of Athens. For it was then that Themistocles mobilized the revenues from the city's highly productive silver mines to build an enormous war fleet. This income stream is thought to have become the basis of Athenian imperial power, the driving force behind its democracy and the centre of its system of public finance. But in his groundbreaking new book, Hans van Wees argues otherwise. He shows that Themistocles did not transform Athens, but merely expanded a navy-centred system of public finance that had already existed at least a generation before the general's own time, and had important precursors at least a century earlier. The author reconstructs the scattered evidence for all aspects of public finance, in archaic Greece at large and early Athens in particular, to reveal that a complex machinery of public funding and spending was in place as early as the reforms of Solon in 594 BCE. Public finance was in fact a key factor in the rise of the early Athenian state – long before Themistocles, the empire and democracy. 'With this important book Hans van Wees is the first historian systematically to approach ancient Greek economy and society along the lines of the "new fiscal history". The results are highly rewarding, and go far beyond the area of public finance. In addition to a fresh perspective on key aspects of the archaic Greek world, the author provides numerous insights into the elusive process of state formation in Athens and elsewhere.' - Paul Millett, Senior Lecturer in Classics, University of Cambridge, author of Lending and Borrowing in Ancient Athens

How and why did the Western tradition of political theorizing arise in Athens during the late fifth and fourth centuries B.C.? By interweaving intellectual history with political philosophy and literary analysis, Josiah Ober argues that the tradition originated in a high-stakes debate about democracy. Since elite Greek intellectuals tended to assume that ordinary men were incapable of ruling themselves, the longevity and resilience of Athenian popular rule presented a problem: how to explain the apparent success of a regime "irrationally" based on the inherent wisdom and practical efficacy of decisions made by non-elite citizens? The problem became acute after two oligarchic coups d' tat in the late fifth century B.C. The generosity and statesmanship that democrats showed after regaining political power contrasted starkly with the oligarchs' violence and corruption. Since it was no longer self-evident that "better men" meant "better government," critics of democracy sought new arguments to explain the relationship among politics, ethics, and morality. Ober offers fresh readings of the political works of Thucydides, Plato, and Aristotle, among others, by placing them in the context of a competitive community of dissident writers. These thinkers struggled against both democratic ideology and intellectual rivals to articulate the best and most influential criticism of popular rule. The competitive Athenian environment stimulated a century of brilliant literary and conceptual innovation. Through Ober's re-creation of an ancient intellectual milieu, early Western political thought emerges not just as a "footnote to Plato," but as a dissident commentary on the first Western democracy.

In The Political Economy of Classical Athens – a Naval Perspective, Barry O’Halloran offers an account of the economic history of classical Athens in which its strategy of naval conquest provided the foundations for a period of unprecedented economic efflorescence.

This book presents an economic analysis of the causes and consequences of institutional change in ancient Athens. Focusing on the period 800-300 BCE, it looks in particular at the development of political institutions and taxation, including a new look at the activities of individuals like Solon, Kleisthenes and Perikles and on the changes in political rules and taxation after the Peloponnesian War.

In parallel to the development of democracy, the Athenians of the Classical period established a series of sophisticated economic institutions for the time through which they developed a maritime and commercially oriented economy. This book provides a thorough analysis of this transformation and the functioning of the Athenian economy during the Classical period. Through the approach of New Institutional Economics (NIE), the book explores the establishment of key institutions including property rights protection, the legal protection of commercial contracts, prices determined by the forces of supply and demand, institutions against profiteering, banking services, the provision of loans through interest rates, consumer credit, insurance companies and a (primitive) version of joint-stock companies. Furthermore, the book focuses on the structure of the public sector, on how the state budget was determined and on how decisions on public revenues and expenditures were made. It also provides an integrated and detailed analysis of the social welfare policies that were implemented through the provision of a variety of public goods in Classical Athens. Moreover, it focuses on a series of socio-economic aspects such as the social status of women, slaves and foreigners and the viewpoints of prominent Athenian philosophers regarding economic organization. Finally, the book investigates whether an Athenian economic-political model of governance, based on a combination of advanced economic institutions (of free market type logic, even if in a primordial form) and direct democracy principles, can provide any lessons for modern societies. The book will be of great interest to readers of the economy, history and society of Ancient Greece as well as economic historians, ancient historians and policymakers more broadly.

This collection of little sketches is not in any sense a scientific investigation into the economic and industrial history of Athens. It is merely an attempt to give the general reader who would learn something of this side of ancient Greek life an intelligible account of the way in which business and finance were carried on in Athens in the 4th century before Christ. It emphasizes the personal and ethical aspects of the subject, rather than technical processes or purely economic data. The author endeavored to learn and illustrate to the reader what sort of men controlled trade and finance in these times and places, what were their aims and ideals, their standards of honesty, and their methods of doing business.

Addressing the dearth of literature that has been written on this key aspect of economic history, Takeshi Amemiya, a well known leading economist based at Stanford University, analyzes the two diametrically opposed views about the exact nature of the ancient Greek economy, putting together a broad and comprehensive survey that is unprecedented in t