Aristotle considers constitutional government, in which the masses are granted citizenship and govern with everyone's interest in mind, one of the best forms of government. It combines elements of oligarchy and democracy, finding a compromise between the demands of both the rich and the poor.
Aristocracy, in theory, is the next-best constitution after monarchy (because the ruling minority will be the best-qualified to rule), but in practice Aristotle preferred a kind of constitutional democracy, for what he called “polity” is a state in which rich and poor respect each other's rights and the best-qualified ...
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