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Episode #004 ... Plato
Philosophize This!
Plato's Aristocracy
Plato thought there were five main types of regimes that could potentially govern a society and they were on a hierarchy from best to worst. He explains how each form of government subsequently devolves into the next worst form of government. An aristocracy is ruled by a philosopher king, for is managed by wisdom and reason. The people in power want to protect their financial interests, so they make it a rich ruling the poor sort of dynamic. Then the democracy eventually devolves into an oligarchy. And then lastly, tyranny.
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