Plato would be glad if he were able to establish among all the citizens, equality not merely of landed property, but property of all other property besides. This, however, he recognises his inability to exact. The colonists will bring with them movable property — some more, some less: and inequality must be tolerated up to a certain limit. Each citizen is allowed to possess movable property as far as four times the value of his lot of land, but no more. The maximum of wealth possessed by any citizen will thus be equal to five times the value of his lot of land: the minimum of the poorest citizen will be the lot of land itself, which cannot, under the worst circumstances, be alienated or diminished. If any citizen shall in any way acquire property above the maximum here named, he is directed to make it over to the city and to the Gods. In case of disobedience, he may be indicted before the Nomophylakes; and if found guilty, shall be disgraced, excluded from his share of public distributions, and condemned to pay twice as much — half being assigned as recompense to the prosecutor.[167] The public register kept by the magistrates, in which is enrolled all the property of every kind belonging to each citizen, will enable them to enforce this regulation, and will be farther useful in all individual suits respecting money.

[167] Plato, Legg. v. pp. 744-745, vi. p. 754 E.

Census of the citizens — four classes, with graduated scale of property. No citizen to possess gold or silver. No loans or interest. No debts enforced by law.

In the public census of the city, the citizens will be distributed into four classes, according to their different scales of property. The richest will be four minæ: the other three minæ, two, and one mina, respectively. Direct taxation will be assessed upon them according to the difference of wealth: to which also a certain reference will be had in the apportionment of magistracies, and in the regulation of the voting privilege.[168]

[168] Plato, Legg. v. p. 744 B, vi. p. 754 E.

By this determination of a maximum and minimum, coupled with a certain admitted preference to wealth in the assignment of political power, Plato considers that he has guarded against the intestine dissensions and other evils likely to arise from inequality of property. He accounts great poverty to be a serious cause of evil; yet he is very far from looking upon wealth as a cause of good. On the contrary, he proclaims that great wealth is absolutely incompatible either with great virtue or great happiness.[169] Accordingly, while he aims at preserving every individual citizen from poverty, he at the same time disclaims all purpose of making his community either richer or more powerful.[170] He forbids every private citizen to possess gold and silver. The magistrates must hold a certain stock of it in reserve, in case of public dealing with foreign cities: but they will provide for the daily wants of the community by a special cheap currency, having no value beyond the limits of the territory.[171] Moreover, Plato prohibits all loans on interest. He refuses to enforce by law the restoration even of a deposit. He interdicts all dowry or marriage portion with daughters.[172]

[169] Plato, Legg. v. pp. 742 E, 743 A, 744 E.

[170] Plato, Legg. v. p. 742 D.

[171] Plato, Legg. v. p. 742 A.

[172] Plato, Legg. v. p. 742 C.