
How did the first democracy die?
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Democracy and Economics in Ancient Athens
This chapter examines the evolution of public service payments in ancient Athens, highlighting how financial incentives for participation like voting led to democratic decline. It explores the consequences of fiscal mismanagement and military overreach, ultimately linking the fall of Athenian democracy to prioritizing self-serving financial practices. Through a reflection on both ancient and modern political dynamics, the chapter raises questions about the true nature of democracy and the potential for better governance.
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