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Aristotle

"Nicomachean Ethics"

The constitutions
are monarchy, aristocracy, and thirdly that which is based on a
property qualification, which it seems appropriate to call timocratic,
though most people are wont to call it polity. The best of these is
monarchy, the worst timocracy. The deviation from monarchy is
tyrany; for both are forms of one-man rule, but there is the
greatest difference between them; the tyrant looks to his own
advantage, the king to that of his subjects. For a man is not a king
unless he is sufficient to himself and excels his subjects in all good
things; and such a man needs nothing further; therefore he will not
look to his own interests but to those of his subjects; for a king who
is not like that would be a mere titular king. Now tyranny is the very
contrary of this; the tyrant pursues his own good. And it is clearer
in the case of tyranny that it is the worst deviation-form; but it
is the contrary of the best that is worst. Monarchy passes over into
tyranny; for tyranny is the evil form of one-man rule and the bad king
becomes a tyrant. Aristocracy passes over into oligarchy by the
badness of the rulers, who distribute contrary to equity what
belongs to the city-all or most of the good things to themselves,
and office always to the same people, paying most regard to wealth;
thus the rulers are few and are bad men instead of the most worthy.


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