Hopkins, Niamh (2023) On the Conception and Influence of Debt in Classical Greek Thought. PhD thesis, National University of Ireland Maynooth.
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Abstract
Debt is understood as occurring ‘in between,’ i.e. between past and future, trade and
theft, and between two partners who put themselves in a position of voluntary inequality.
Without ignoring financial debt, this study focusses on other types: moral debts owed
between two individuals, social debts owed by different types of actors within a
community, political debts owed between citizen and state, and between states.
Definitions of justice in Plato’s Republic 1, and Aristotle’s EN5 demonstrate how
corrective justice (arithmetical) mirrors Cephalus’ views of debt – repaid mechanically,
without consideration of conditions, amounts, parties involved; whereas distributive
justice (geometrical) recalls Polemarchus’ – the owing of what is ‘fitting’ to the parties
involved (their nature, needs, etc.). Answers are proposed on whether creditor or debtor
are culpable for the debt, how errant debtors should be handled (punished), and what
kinds of debts are legitimate. Aristotle’s analysis is then transferred almost directly into
the language of social debts. The examples of Thrasymachus and Solon demonstrate how
a miscalculation of the repayment of these debts precipitates the dissolution of both the
relationship and the polis-wide network of social relations. This abstract analysis of
justice implicitly underlies Aristotle's subsequent analyses of relationships (1)of
friendship and (2)within the household/oikos (husband-wife, master-slave, parent-child).
Debt is also observed in the political and inter-political spheres, with dysfunctional debt
relationships being the main precipitating factor in Plato’s account of morally declining
political constitutions and characters. Thucydides, too, explores stasis and political
decline through an economic lense, while his Pericles utilises debt relations in the
establishment of political unity, and in depicting the ideal of political success, with the
citizen as creditor to the city, and the city as creditor in inter-political policy. This feeds
into an analysis of the merits of enacting inter-political policy via the debt-relationship of
charis, versus coercion.
| Item Type: | Thesis (PhD) |
|---|---|
| Keywords: | Conception; Influence; Debt; Classical Greek Thought; |
| Academic Unit: | Faculty of Arts,Celtic Studies and Philosophy > Ancient Classics |
| Item ID: | 20818 |
| Depositing User: | IR eTheses |
| Date Deposited: | 06 Nov 2025 15:33 |
| Funders: | John and Pat Hume Scholarship |
| Use Licence: | This item is available under a Creative Commons Attribution Non Commercial Share Alike Licence (CC BY-NC-SA). Details of this licence are available here |
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