Nearly half of Britain’s billionaires are foreigners, and government hopes many more will now come in on the government ‘start business — get passport’ scheme. Someone has obviously been reading Xenophon.
In the 350s BC Athens was in serious financial trouble. In his Poroi (‘Revenues’), Xenophon, a soldier and essayist, sketched out a plan to restore Athens’ fortunes. The big target was foreign businessmen, or ‘metics’ as the Greeks called them.
‘Metic’ derives from metoikos, literally someone who had ‘changed residence’, i.e. a Greek or non-Greek who was not Athenian. To live in Athens they had to have a citizen sponsor, be registered and pay a monthly tax. They were liable for military service, and could not own land or take any political role. They were there to work. Since Athens was a flourishing international city, there was money to be made from being part of it.
Comments
Join the debate for just $5 for 3 months
Be part of the conversation with other Spectator readers by getting your first three months for $5.
UNLOCK ACCESS Just $5 for 3 monthsAlready a subscriber? Log in