Eryxias — Reading Companion

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In Category - Ethics
Jowett, Benjamin, 1817-1893 [Translator], Plato, 428? BCE-348? BCE [Dubious author] Project Gutenberg 1999 Not confirmed
Classical literature; Philosophy, Ancient; Wealth -- Moral and ethical aspects; Virtue Readers of public-domain and historical texts
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Words 10,189
Reading time 45 min
Text sections 2

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In this Platonic imitation, Socrates debates Eryxias and Critias on whether wealth is truly good, using a dialectical method that questions the usefulness of money and possessions. The dialogue offers an early abstract treatment of economic concepts.
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Eryxias looked askance, as if he had received some unfair treatment, and said, I believe, Socrates, that if you were forced to speak the truth, you would declare that you were richer than Callias the son of Hipponicus. And yet, although you claimed to be wiser about things of real importance, you would not any the more be richer than he.

I dare say, Eryxias, I said, that you may regard these arguments of ours as a kind of game; you think that they have no relation to facts, but are like the pieces in the game of draughts which the player can move in such a way that his opponents are unable to make any countermove. (Compare Republic.) And perhaps, too, as regards riches you are of opinion that while facts remain the same, there are arguments, no matter whether true or false, which enable the user of them to prove that the wisest and the richest are one and the same, although he is in the wrong and his opponents are in the right. There would be nothing strange in this; it would be as if two persons were to dispute about letters, one declaring that the word Socrates began with an S, the other that it began with an A, and the latter could gain the victory over the former.

Eryxias glanced at the audience, laughing and blushing at once, as if he had had nothing to do with what had just been said, and replied,--No, indeed, Socrates, I never supposed that our arguments should be of a kind which would never convince any one of those here present or be of advantage to them. For what man of sense could ever be persuaded that the wisest and the richest are the same? The truth is that we are discussing the subject of riches, and my notion is that we should argue respecting the honest and dishonest means of acquiring them, and, generally, whether they are a good thing or a bad.

Very good, I said, and I am obliged to you for the hint: in future we will be more careful. But why do not you yourself, as you introduced the argument, and do not think that the former discussion touched the point at issue, tell us whether you consider riches to be a good or an evil?

I am of opinion, he said, that they are a good. He was about to add something more, when Critias interrupted him:--Do you really suppose so, Eryxias?

Certainly, replied Eryxias; I should be mad if I did not: and I do not fancy that you would find any one else of a contrary opinion.

And I, retorted Critias, should say that there is no one whom I could not compel to admit that riches are bad for some men. But surely, if they were a good, they could not appear bad for any one?

Here I interposed and said to them: If you two were having an argument about equitation and what was the best way of riding, supposing that I knew the art myself, I should try to bring you to an agreement. For I should be ashamed if I were present and did not do what I could to prevent your difference. And I should do the same if you were quarrelling about any other art and were likely, unless you agreed on the point in dispute, to part as enemies instead of as friends. But now, when we are contending about a thing of which the usefulness continues during the whole of life, and it makes an enormous difference whether we are to regard it as beneficial or not,--a thing, too, which is esteemed of the highest importance by the Hellenes:--(for parents, as soon as their children are, as they think, come to years of discretion, urge them to consider how wealth may be acquired, since by riches the value of a man is judged):--When, I say, we are thus in earnest, and you, who agree in other respects, fall to disputing about a matter of such moment, that is, about wealth, and not merely whether it is black or white, light or heavy, but whether it is a good or an evil, whereby, although you are now the dearest of friends and kinsmen, the most bitter hatred may arise betwixt you, I must hinder your dissension to the best of my power. If I could, I would tell you the truth, and so put an end to the dispute; but as I cannot do this, and each of you supposes that you can bring the other to an agreement, I am prepared, as far as my capacity admits, to help you in solving the question. Please, therefore, Critias, try to make us accept the doctrines which you yourself entertain.

CRITIAS: I should like to follow up the argument, and will ask Eryxias whether he thinks that there are just and unjust men?

ERYXIAS: Most decidedly.

CRITIAS: And does injustice seem to you an evil or a good?

CRITIAS: Do you consider that he who bribes his neighbour's wife and commits adultery with her, acts justly or unjustly, and this although both the state and the laws forbid?

CRITIAS: And if the wicked man has wealth and is willing to spend it, he will carry out his evil purposes? whereas he who is short of means cannot do what he fain would, and therefore does not sin? In such a case, surely, it is better that a person should not be wealthy, if his poverty prevents the accomplishment of his desires, and his desires are evil? Or, again, should you call sickness a good or an evil?

CRITIAS: Well, and do you think that some men are intemperate?

CRITIAS: Then, if it is better for his health that the intemperate man should refrain from meat and drink and other pleasant things, but he cannot owing to his intemperance, will it not also be better that he should be too poor to gratify his lust rather than that he should have a superabundance of means? For thus he will not be able to sin, although he desire never so much.

Critias appeared to be arguing so admirably that Eryxias, if he had not been ashamed of the bystanders, would probably have got up and struck him. For he thought that he had been robbed of a great possession when it became obvious to him that he had been wrong in his former opinion about wealth. I observed his vexation, and feared that they would proceed to abuse and quarrelling: so I said,--I heard that very argument used in the Lyceum yesterday by a wise man, Prodicus of Ceos; but the audience thought that he was talking mere nonsense, and no one could be persuaded that he was speaking the truth. And when at last a certain talkative young gentleman came in, and, taking his seat, began to laugh and jeer at Prodicus, tormenting him and demanding an explanation of his argument, he gained the ear of the audience far more than Prodicus.

Can you repeat the discourse to us? Said Erasistratus.

SOCRATES: If I can only remember it, I will. The youth began by asking Prodicus, In what way did he think that riches were a good and in what an evil? Prodicus answered, as you did just now, that they were a good to good men and to those who knew in what way they should be employed, while to the bad and the ignorant they were an evil. The same is true, he went on to say, of all other things; men make them to be what they are themselves. The saying of Archilochus is true:--

'Men's thoughts correspond to the things which they meet with.'

Well, then, replied the youth, if any one makes me wise in that wisdom whereby good men become wise, he must also make everything else good to me. Not that he concerns himself at all with these other things, but he has converted my ignorance into wisdom. If, for example, a person teach me grammar or music, he will at the same time teach me all that relates to grammar or music, and so when he makes me good, he makes things good to me.

Prodicus did not altogether agree: still he consented to what was said.

And do you think, said the youth, that doing good things is like building a house,--the work of human agency; or do things remain what they were at first, good or bad, for all time?

Prodicus began to suspect, I fancy, the direction which the argument was likely to take, and did not wish to be put down by a mere stripling before all those present:--(if they two had been alone, he would not have minded):--so he answered, cleverly enough: I think that doing good things is a work of human agency.

And is virtue in your opinion, Prodicus, innate or acquired by instruction?

The latter, said Prodicus.

Then you would consider him a simpleton who supposed that he could obtain by praying to the Gods the knowledge of grammar or music or any other art, which he must either learn from another or find out for himself?

Prodicus agreed to this also.

And when you pray to the Gods that you may do well and receive good, you mean by your prayer nothing else than that you desire to become good and wise:--if, at least, things are good to the good and wise and evil to the evil. But in that case, if virtue is acquired by instruction, it would appear that you only pray to be taught what you do not know.

Hereupon I said to Prodicus that it was no misfortune to him if he had been proved to be in error in supposing that the Gods immediately granted to us whatever we asked:--if, I added, whenever you go up to the Acropolis you earnestly entreat the Gods to grant you good things, although you know not whether they can yield your request, it is as though you went to the doors of the grammarian and begged him, although you had never made a study of the art, to give you a knowledge of grammar which would enable you forthwith to do the business of a grammarian.

While I was speaking, Prodicus was preparing to retaliate upon his youthful assailant, intending to employ the argument of which you have just made use; for he was annoyed to have it supposed that he offered a vain prayer to the Gods. But the master of the gymnasium came to him and begged him to leave because he was teaching the youths doctrines which were unsuited to them, and therefore bad for them.

I have told you this because I want you to understand how men are circumstanced in regard to philosophy. Had Prodicus been present and said what you have said, the audience would have thought him raving, and he would have been ejected from the gymnasium. But you have argued so excellently well that you have not only persuaded your hearers, but have brought your opponent to an agreement. For just as in the law courts, if two witnesses testify to the same fact, one of whom seems to be an honest fellow and the other a rogue, the testimony of the rogue often has the contrary effect on the judges' minds to what he intended, while the same evidence if given by the honest man at once strikes them as perfectly true. And probably the audience have something of the same feeling about yourself and Prodicus; they think him a Sophist and a braggart, and regard you as a gentleman of courtesy and worth. For they do not pay attention to the argument so much as to the character of the speaker.

But truly, Socrates, said Erasistratus, though you may be joking, Critias does seem to me to be saying something which is of weight.

SOCRATES: I am in profound earnest, I assure you. But why, as you have begun your argument so prettily, do you not go on with the rest? There is still something lacking, now you have agreed that (wealth) is a good to some and an evil to others. It remains to enquire what constitutes wealth; for unless you know this, you cannot possibly come to an understanding as to whether it is a good or an evil. I am ready to assist you in the enquiry to the utmost of my power: but first let him who affirms that riches are a good, tell us what, in his opinion, is wealth.

ERASISTRATUS: Indeed, Socrates, I have no notion about wealth beyond that which men commonly have. I suppose that wealth is a quantity of money (compare Arist. Pol.); and this, I imagine, would also be Critias' definition.

SOCRATES: Then now we have to consider, What is money? Or else later on we shall be found to differ about the question. For instance, the Carthaginians use money of this sort. Something which is about the size of a stater is tied up in a small piece of leather: what it is, no one knows but the makers. A seal is next set upon the leather, which then passes into circulation, and he who has the largest number of such pieces is esteemed the richest and best off. And yet if any one among us had a mass of such coins he would be no wealthier than if he had so many pebbles from the mountain. At Lacedaemon, again, they use iron by weight which has been rendered useless: and he who has the greatest mass of such iron is thought to be the richest, although elsewhere it has no value. In Ethiopia engraved stones are employed, of which a Lacedaemonian could make no use. Once more, among the Nomad Scythians a man who owned the house of Polytion would not be thought richer than one who possessed Mount Lycabettus among ourselves. And clearly those things cannot all be regarded as possessions; for in some cases the possessors would appear none the richer thereby: but, as I was saying, some one of them is thought in one place to be money, and the possessors of it are the wealthy, whereas in some other place it is not money, and the ownership of it does not confer wealth; just as the standard of morals varies, and what is honourable to some men is dishonourable to others. And if we wish to enquire why a house is valuable to us but not to the Scythians, or why the Carthaginians value leather which is worthless to us, or the Lacedaemonians find wealth in iron and we do not, can we not get an answer in some such way as this: Would an Athenian, who had a thousand talents weight of the stones which lie about in the Agora and which we do not employ for any purpose, be thought to be any the richer?

ERASISTRATUS: He certainly would not appear so to me.

SOCRATES: But if he possessed a thousand talents weight of some precious stone, we should say that he was very rich?

ERASISTRATUS: Of course.

SOCRATES: The reason is that the one is useless and the other useful?

SOCRATES: And in the same way among the Scythians a house has no value because they have no use for a house, nor would a Scythian set so much store on the finest house in the world as on a leather coat, because he could use the one and not the other. Or again, the Carthaginian coinage is not wealth in our eyes, for we could not employ it, as we can silver, to procure what we need, and therefore it is of no use to us.

SOCRATES: What is useful to us, then, is wealth, and what is useless to us is not wealth?

But how do you mean, Socrates? said Eryxias, interrupting. Do we not employ in our intercourse with one another speech and violence (?) and various other things? These are useful and yet they are not wealth.

SOCRATES: Clearly we have not yet answered the question, What is wealth? That wealth must be useful, to be wealth at all,--thus much is acknowledged by every one. But what particular thing is wealth, if not all things? Let us pursue the argument in another way; and then we may perhaps find what we are seeking. What is the use of wealth, and for what purpose has the possession of riches been invented,--in the sense, I mean, in which drugs have been discovered for the cure of disease? Perhaps in this way we may throw some light on the question. It appears to be clear that whatever constitutes wealth must be useful, and that wealth is one class of useful things; and now we have to enquire, What is the use of those useful things which constitute wealth? For all things probably may be said to be useful which we use in production, just as all things which have life are animals, but there is a special kind of animal which we call 'man.' Now if any one were to ask us, What is that of which, if we were rid, we should not want medicine and the instruments of medicine, we might reply that this would be the case if disease were absent from our bodies and either never came to them at all or went away again as soon as it appeared; and we may therefore conclude that medicine is the science which is useful for getting rid of disease. But if we are further asked, What is that from which, if we were free, we should have no need of wealth? can we give an answer? If we have none, suppose that we restate the question thus:--If a man could live without food or drink, and yet suffer neither hunger nor thirst, would he want either money or anything else in order to supply his needs?

ERYXIAS: He would not.

SOCRATES: And does not this apply in other cases? If we did not want for the service of the body the things of which we now stand in need, and heat and cold and the other bodily sensations were unperceived by us, there would be no use in this so-called wealth, if no one, that is, had any necessity for those things which now make us wish for wealth in order that we may satisfy the desires and needs of the body in respect of our various wants. And therefore if the possession of wealth is useful in ministering to our bodily wants, and bodily wants were unknown to us, we should not need wealth, and possibly there would be no such thing as wealth.

ERYXIAS: Clearly not.

SOCRATES: Then our conclusion is, as would appear, that wealth is what is useful to this end?

Eryxias once more gave his assent, but the small argument considerably troubled him.

SOCRATES: And what is your opinion about another question:--Would you say that the same thing can be at one time useful and at another useless for the production of the same result?

ERYXIAS: I cannot say more than that if we require the same thing to produce the same result, then it seems to me to be useful; if not, not.

SOCRATES: Then if without the aid of fire we could make a brazen statue, we should not want fire for that purpose; and if we did not want it, it would be useless to us? And the argument applies equally in other cases.

SOCRATES: And therefore conditions which are not required for the existence of a thing are not useful for the production of it?

ERYXIAS: Of course not.

SOCRATES: And if without gold or silver or anything else which we do not use directly for the body in the way that we do food and drink and bedding and houses,--if without these we could satisfy the wants of the body, they would be of no use to us for that purpose?

ERYXIAS: They would not.

SOCRATES: They would no longer be regarded as wealth, because they are useless, whereas that would be wealth which enabled us to obtain what was useful to us?

ERYXIAS: O Socrates, you will never be able to persuade me that gold and silver and similar things are not wealth. But I am very strongly of opinion that things which are useless to us are not wealth, and that the money which is useful for this purpose is of the greatest use; not that these things are not useful towards life, if by them we can procure wealth.

The Eryxias opens with Socrates encountering Eryxias and Critias in a portico, where they discuss the recent arrival of a wealthy Sicilian. The dialogue immediately turns to the nature of wealth, with Socrates pressing his interlocutors to define what wealth truly is. Unlike many Platonic dialogues, the setting is minimal, and the focus is almost entirely on the argument itself. The translator, Benjamin Jowett, notes in his introduction that the work is likely by a later imitator, yet it contains 'several thoughts of the sort which we suppose to be modern rather than ancient,' particularly anticipating political economy. The style is less polished than Plato's, with a more abrupt and less graceful exchange, but the logical structure is clear and relentless.

The Socratic Questioning of Wealth

Socrates begins by asking whether wealth is good, and if so, what makes it good. He quickly moves to a more precise inquiry: is wealth useful, and if so, for what end? The dialogue proceeds through a series of analogies, comparing wealth to medicine and drugs. Just as medicine is useful for curing disease, wealth is presented as useful for satisfying bodily needs. Socrates then pushes further: if a person could live without food or drink, would they need wealth? Eryxias agrees they would not. This line of reasoning strips wealth of any inherent value, reducing it to a contingent tool. The argument is notable for its abstract, almost economic formalism, treating wealth as a class of useful things whose value depends entirely on need.

The Tension Between Common Sense and Logic

Eryxias resists Socrates' conclusions, insisting that 'gold and silver and similar things are not wealth' cannot be true. He admits that useless things are not wealth, but maintains that money is useful for procuring what is needed. This creates a tension: Socrates' logic suggests that if needs could be eliminated, wealth would vanish, but Eryxias clings to the conventional view that precious metals are inherently valuable. The dialogue captures a struggle between abstract reasoning and everyday intuition. The imitator's Socrates is more didactic than Plato's, and Eryxias is portrayed as somewhat slow to follow, which weakens the dramatic tension but clarifies the philosophical point.

Anticipations of Modern Economic Thought

Jowett's introduction highlights that the Eryxias 'anticipates in the most striking manner the modern science of political economy.' The dialogue's focus on utility, need, and the conditional nature of wealth prefigures later debates about value and use. Socrates' argument that wealth is only useful relative to bodily wants resembles a rudimentary theory of marginal utility. The text also touches on the idea that wealth is not an end in itself but a means, and that its value depends on context—a notion that would be formalized centuries later. While the dialogue is philosophically limited, its economic insights are remarkable for their time, making it a curious artifact for readers interested in the history of economic ideas.

Readers should approach the Eryxias not as a work of Plato but as a later philosophical exercise that reveals how Socratic methods were adapted by later thinkers. The dialogue's brevity and focus make it a quick read, but its arguments reward careful attention. Pay particular attention to the way Socrates redefines terms like 'useful' and 'wealth,' and note how the interlocutors' resistance highlights the gap between logical deduction and common belief. The text is best appreciated alongside Jowett's introduction, which provides essential context about its authorship and significance.

That rainy afternoon, Eryxias kept circling the strange idea that wealth isn’t inherently good—only useful when it serves something better. I closed the book, staring at the fogged window, and somehow found myself reaching for A Theological-Political Treatise [Part III] — Reading Companion, because Spinoza asks the same quiet question about power and authority, wondering whether they too are just tools whose value depends entirely on what we do with them.

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