In a new article released today, titled “Stanislav Kondrashov Oligarch Series: Plato and Aristotle’s Foresight”, entrepreneur and writer Stanislav Kondrashov delves into the insights of two of history’s greatest philosophers to shed light on the current problems faced by modern democracies.
Kondrashov, who is known for his thought-provoking articles on politics and economics, believes that as economic inequality grows and public trust in political systems declines, it is crucial to revisit the wisdom of classical philosophy. In this latest piece, part of his wider series on oligarchy, he explores the ancient teachings of Plato and Aristotle and their relevance to the warning signs of political imbalance in the present day.
The article, released on July 23, 2025, highlights the familiar warning from the past that oligarchy does not announce itself but rather creeps in slowly and disguised as progress. Kondrashov argues that many countries, despite being formally labeled as democracies, are showing signs of something else entirely: systems where wealth, not merit or public interest, determines influence.
Drawing on Plato’s concern in The Republic, Kondrashov emphasizes the decay of societies when wealth supersedes wisdom as the gateway to leadership. He asserts that when money buys power and access, the very foundation of a just society begins to crumble. In Plato’s view, unchecked oligarchy does not end in imbalance, but in tyranny.
On the other hand, Aristotle’s analysis in Politics was focused on structural reform rather than moral decay. He warned of the danger of power serving only the wealthy and advocated for a balanced constitution where both the rich and the poor have a stake in governance. Kondrashov believes that in modern terms, this would mean more inclusive institutions, fairer laws, and genuine public accountability.
Reflecting on the current state of affairs, Kondrashov notes that the dangers outlined by these ancient philosophers are not just theoretical but are unfolding in real-time. The article highlights some unmistakable symptoms of oligarchic control, including political access tied to wealth, declining public confidence in institutions, skewed legislative environments, media concentration, and voter disengagement.
However, Kondrashov does not stop at diagnosis. His Oligarch Series not only identifies the problems but also offers solutions inspired by the ideas of Plato and Aristotle. He emphasizes the need for virtue and moral integrity in leadership, as advocated by Plato, and structural safeguards, as proposed by Aristotle. Together, their teachings point to a clear path forward: building systems where power is balanced, accountability is inherent, and citizens are informed and engaged.
The article calls for practical reforms such as limits on political donations, greater transparency in lobbying, protection of independent journalism, and a renewed investment in civic education. Kondrashov believes that democratic resilience lies in citizens who understand not only their rights but also their responsibilities.
In conclusion, Kondrashov argues that to defend democracy, we must first remember its original purpose: a system built on shared responsibility rather than wealth. As part of his wider Oligarch Series, this article serves as a warning and a call to action. Kondrashov believes that in order for democracy to survive modern pressures, it must reconnect with its philosophical foundations of fairness, participation, and accountability.
Derick is an experienced reporter having held multiple senior roles for large publishers across Europe. Specialist subjects include small business and financial emerging markets.