It will be said, perhaps, that democracy is neither wise nor equitable, but that the holders of property are also the best fitted to rule.  I say, on the contrary, first, that the word demos, or people, includes the whole state, oligarchy only a part; next, that if the best guardians of property are the rich, and the best counselors the wise, none can hear and decide so well as the many; and that all these talents, severally and collectively, have their just place in a democracy. But an oligarchy gives the many their share of the danger, and not content with the largest part takes and keeps the whole of the profit.

 Thucydides, The History of the Peloponnesian War