History of the Peloponnesian War

"Some will say that the democracy is neither a well-governed nor a just state, and that the most wealthy are aptest to make the best government. But I answer first, democracy is a name of the whole, oligarchy but of a part. Next, though the rich are indeed fittest to keep the treasure, yet the wise are the best counsellors, and the multitude, upon hearing, the best judge. Now in a democracy all these, both jointly and severally, participate equal privileges.

But in the oligarchy they allow indeed to the multitude a participation of all dangers, but in matters of profit, they not only encroach upon the multitude, but take from them and keep the whole. Which is the thing that you the rich and the younger sort affect, but in a great city cannot possibly embrace. But yet, O ye the most unwise of all men, unless you know that what you affect is evil, and if you know not that, you are the most ignorant of all the Grecians I know; or, ye most wicked of all men, if knowing it you dare do this.

Yet I say, inform yourselves better or change your purpose and help to amplify the common good of the city, making account that the good amongst you shall not only have an equal but a greater share therein than the rest of the multitude; whereas if you will needs have all, you shall run the hazard of losing all. Away therefore with these rumours, as discovered and not allowed.

For this city, though the Athenians come, will be able to defend itself with honour. And we have generals to look to that matter. And if they come not (which I rather believe), it will not, upon the terror of your reports, make choice of you for commanders and cast itself into voluntary servitude; but taking direction of itself, it both judgeth your words virtually as facts, and will not upon words let go her present liberty, but endeavour to preserve it by not committing the same actually to your discretion.