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The strengths and weaknesses in aristotle nicomachean ethics book one
Topics in aristotle's nicomachean ethics
Topics in aristotle's nicomachean ethics
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1. Money is both a necessary and useful instrument for justice in society because it establishes a proportional form of exchange, it acts as a medium to mediate exchange and enable supply and demand between people of different avocations thus promoting justice in society as well prompting injustice in society.
2. Money being necessary and a useful instrument for justice in society is relevant to the individual person because money allows and “guarantees” the individual to purchase and sell amongst dissimilar persons establishing a relationship through a universal mean of exchange. Without money as a form of measure an individual would be unable to trade what he has with what he needs if the other person assigned no value to what he had to trade, thus making the individual unequal to another individual. Inequality is unjust and unjust is unlawful. Money being necessary and a useful instrument for justice in society is relevant to society because money is needed for exchange amongst people that make up society. If the citizens of the society are communal in exchange through the means of money then the society flourishes through equality. As Aristotle states, ”For in that way there will always be exchange, and if there is exchange there is a community. Thus, money acts like a measure: it makes goods commensurable and equalizes them. For just as there is no community without exchange, there is no exchange without equality and no equality without commensurability. (NE 1133b15-17)”
3. Money is a necessity but it has been made clear in recent years that it is no longer an instrument for justice in society but an instrument of injustice in today’s society as money has been unevenly distributed in excess. The US economy is demonstrating...
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...exchange. Money makes exchange among dissimilar people commensurable. Aristotle argues that exchange occur out of two conditions: mutual need, “That it is a need which holds the parties together as if they were one single unit is shown by the fact that there is no exchange when one or both parties do not stand in need of the other” (NE 1133b6-10) and diversity of individuals, “For a community is not formed by two physicians, but by physician and a farmer, and, in general, by people who are different and unequal. But they must be equalized; and hence everything that enters into an exchange must somehow be comparable. (NE 1133a16-20). Money as a means of measurement between unequal people and their products makes it an important part of justice. It presents an artificial equality that can allow political justice to advance.
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aristotle nicomachean ethics
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As the old saying goes, money is power. As the statistics show, some people have an insane amount of money, yet their fellow countrymen have close to nothing. In a struggling economy, unfair distribution of wealth can create real problems and unimaginable hardships for some people. For example, millions of people pay $2 for a bottle of designer water, while millions more live on less than $2 a day. If this is to one day change, wealthy people must adopt a much more magnanimous conviction towards their money.
It is also believed that wealth should be non-existent. This is only possible if cl...
There is one thing in this world that can really separate people, make them comment crimes, and make them completely change their entire outlook on life and that is money. The all mighty dollar is what they call it and it does a lot of good in this world but it can also cause a lot of pain and hurt. Everything we do in our lives revolves around money, what we do and what we don’t do. The real question though is does money really separate people in their daily lives drastically and if so how much does money play in our lives?
Note that \ari defines material goods as being everything whose value can be measured in money. This same definition will be used here, implying that the domain of material goods would include services, not just tangible items. Thus, the extent of which an individual values money is, in part, proportional to their value of material goods. Recalling \ari's definition for generosity, a relationship can be drawn on how a generous individual might value money given how they value material goods. The generous individual should value money as he does material goods, which is to be reasonably detached from it.
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Aristotle’s thoughts on ethics conclude that all humans must have a purpose in life in order to be happy. I believe that some of the basics of his ideas still hold true today. This essay points out some of those ideas.
This essay seeks to examine the inequalities of distribution of resources and the defences of these inequalities provided by John Locke, in Of Property , and David Hume in Of Justice . Both writings set out the scene in which their theories would evolve. Locke starts with the idea that everything is held in common, and ownership is acquired through ones labour. Hume starts off with an illustration of a society where everybody has more than enough, and poses the question if we had more than enough what is the point of justice?
The invention of money was a major improvement in peoples’ lives. In the past, people usually had to travel all day to find the person who is willing to exchange their goods. In addition, the goods people want to exchange did not have the standard value of measurement. This led to unequal exchanges. Furthermore, it is not convenient to carry heavy goods from one place to another for an exchange. To solve these issues, money will be the only solution. Later, people tend to develop money from cowry shells to credit cards for the convenience and to improve their society.
The purpose of money is to convert production into consumption. A generous person pursues the idea of spending everything he makes from his own consumption. A generous person could be out of money, but he is not because he has the virtue of liberality. He knows how much to spend. A poor person can be generous and he will try to give away the right amount at the right time from what he has.
“Money is number and numbers never end if it takes money to be happy your search for happiness will never end.” (Bob Marley). For the majority of people in our modern-capitalist world, money is the first thing, and sometimes the only thing that measures success in life. Money can buy power. Money can buy fame. Money can buy time. Sometimes money can even buy a life. So money has become the first common goal for everybody. There are many different perspectives, and how people view the world, in terms of success, and money. Money is not the root of all evil, but the love of money is the root of all evil.