It's going to be very difficult to digest the context in which this appears, what use Plato was making of it, and how and why Epicurus objected. Nevertheless the subject is very clearly discussed by Plato in Book 8 of the Republic in reference to the best form of government. It's worthy of note that at least in this translation it is natural and necessary pleasures being discussed:
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Would you like, for the sake of clearness, to distinguish which are the necessary and which are the unnecessary pleasures?I should.
Are not necessary pleasures those of which we cannot get rid, and of which the satisfaction is a benefit to us? And they are rightly called so, because we are framed by nature to desire both what is beneficial and what is necessary, and cannot help it.
True.
We are not wrong therefore in calling them necessary?
We are not.
And the desires of which a man may get rid, if he takes pains from his youth upwards—of which the presence, moreover, does no good, and in some cases the reverse of good—shall we not be right in saying that all these are unnecessary?
Yes, certainly.
Suppose we select an example of either kind, in order that we may have a general notion of them?
Very good.
Will not the desire of eating, that is, of simple food and condiments, in so far as they are required for health and strength, be of the necessary class?
That is what I should suppose.
The pleasure of eating is necessary in two ways; it does us good and it is essential to the continuance of life?
Yes.
But the condiments are only necessary in so far as they are good for health?
Certainly.
And the desire which goes beyond this, of more delicate food, or other luxuries, which might generally be got rid of, if controlled and trained in youth, and is hurtful to the body, and hurtful to the soul in the pursuit of wisdom and virtue, may be rightly called unnecessary?
Very true.
May we not say that these desires spend, and that the others make money because they conduce to production?
Certainly.
And of the pleasures of love, and all other pleasures, the same holds good?
True.
And the drone of whom we spoke was he who was surfeited in pleasures and desires of this sort, and was the slave of the unnecessary desires, whereas he who was subject to the necessary only was miserly and oligarchical?
Very true.
....
After this he lives on, spending his money and labour and time on unnecessary pleasures quite as much as on necessary ones; but if he be fortunate, and is not too much disordered in his wits, when years have elapsed, and the heyday of passion is over—supposing that he then re-admits into the city some part of the exiled virtues, and does not wholly give himself up to their successors—in that case he balances his pleasures and lives in a sort of equilibrium, putting the government of himself into the hands of the one which comes first and wins the turn; and when he has had enough of that, then into the hands of another; he despises none of them but encourages them all equally.
Very true, he said.
Neither does he receive or let pass into the fortress any true word of advice; if any one says to him that some pleasures are the satisfactions of good and noble desires, and others of evil desires, and that he ought to use and honour some and chastise and master the others—whenever this is repeated to him he shakes his head and says that they are all alike, and that one is as good as another.
Yes, he said; that is the way with him.
Yes, I said, he lives from day to day indulging the appetite of the hour; and sometimes he is lapped in drink and strains of the flute; then he becomes a water-drinker, and tries to get thin; then he takes a turn at gymnastics; sometimes idling and neglecting everything, then once more living the life of a philosopher; often he is busy with politics, and starts to his feet and says and does whatever comes into his head; and, if he is emulous of any one who is a warrior, off he is in that direction, or of men of business, once more in that. His life has neither law nor order; and this distracted existence he terms joy and bliss and freedom; and so he goes on.
Yes, he replied, he is all liberty and equality.
Yes, I said; his life is motley and manifold and an epitome of the lives of many;—he answers to the State which we described as fair and spangled. And many a man and many a woman will take him for their pattern, and many a constitution and many an example of manners is contained in him.
Just so.
Let him then be set over against democracy; he may truly be called the democratic man.
Let that be his place, he said.