Greece is the cradle of democracy, but as the world has seen recently, a financial crisis is no time to put important questions to the people. Prime Minister George Papandreou's proposed referendum on the country's loan deal with the European Union, called off quickly after intense international opposition, illustrated that perfectly.

Plato and Aristotle would have approved of dropping the referendum. They didn't like democracy of the direct kind. Neither trusted the people that much.

Sinking deeper into the gravest economic crisis in its postwar history, Greece is no nearer to finding an exit from its woes. A toxic mix of anxiety and fear hangs in the air in Athens. The ordeal shows that living up to lofty idealism is never easy. Modern Greeks know that well for we are, in many ways, the imperfect reflection of an ideal that the West imagined for itself.