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Money from nothing.

Authors :
Oderberg, David S.
Source :
New Philosopher; 2024, Issue 44, p72-75, 4p, 2 Cartoon or Caricatures
Publication Year :
2024

Abstract

The article discusses Aristotle's views on money and its relationship to the "good life" or eudaimonia. Aristotle argues that money, as a medium of exchange, is meant to facilitate the acquisition of basic necessities and contribute to human well-being. However, he criticizes the tendency for money to become divorced from its original purpose and become an end in itself. This occurs when money is used for financial speculation and lending at interest, leading to a distortion of human nature and fulfillment. The article also highlights the power dynamics associated with money, particularly in the context of the modern banking system and the concentration of wealth among a few powerful entities. [Extracted from the article]

Details

Language :
English
ISSN :
22017151
Issue :
44
Database :
Complementary Index
Journal :
New Philosopher
Publication Type :
Periodical
Accession number :
177986882