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Plato's ideas about the economy are distributed in several of his writings and thus reveal differences, although in all Plato's mentions no distinction is made between economics and political science. The reason is that the theory of state itself covers economics, which is directly linked to the welfare of the community.
The fundamental question of how justice can be achieved is an essential goal of his writings.
So how does Plato see the economy in a state? The work that an economy produces is, in Plato's doctrine, based on people's abilities and their quality of ability to produce certain things, and therefore not on quantity or productivity. "And each suitable for a different business.
According to Plato, the exchange of goods takes place through coins; however, he did not justify this with a value theory, but hoped for the exchange of goods according to their value and did not yet pay any attention to the creation of added value.
Wealth as well as poverty are regarded as something 'unjust', for poverty corrupts the soul of men in his teaching, poverty produces misery and drives men into 'intolerability'. At the top of the economy are the philosophers, among them the producing classes as well as the so-called military men, who are not allowed to own private property, live together and are obliged to protect the state from the power of the elites by collectivizations.