Timocracy is a form of government in which honor and property ownership are the basis for political power and social status. In a timocracy, those who possess wealth and land are viewed as the most virtuous, and therefore more deserving of political authority, reflecting the belief that property ownership leads to a sense of responsibility and excellence. This system prioritizes a warrior elite and combines elements of oligarchy with democratic features, ultimately influencing views on justice, virtue, and the structure of an ideal state.
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