Activity Quote by Aristotle
“The first essential responsibility of the state is control of the market-place: there must be some official charged with the duty of seeing that honest dealing and good order prevail. For one of the well-nigh essential activities of all states is the buying and selling of goods to meet their mutual basic needs; this is the quickest way to self-sufficiency, which seems to be what moves men to combine under a single constitution.”
About This Quote
The state must regulate markets to ensure honest trade and meet basic needs, fostering self‑sufficiency and unity.
In simple terms: State controls markets for fairness and basic needs.
Support fair market oversight.
Themes
Mood
Type
When to use this quote
- policy making
- business ethics
- community planning
Key Concepts
Questions to Reflect On
- What balance of market freedom and control is ideal?
- How does regulation affect self‑sufficiency?
Over‑regulation may stifle innovation.