Preview

"Wealth Is Evidently Not the Good We Are Seeking” Aristotle

Best Essays
Open Document
Open Document
2461 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
"Wealth Is Evidently Not the Good We Are Seeking” Aristotle
"Wealth is evidently not the good we are seeking” Aristotle

Introduction

One of the greatest philosophers of the 19th century, Arthur Schopenhauer (1788-1860), once said "Money is a barrier against all possible evils." Indeed, money can be used for good and the acquisition of money can be done in a moral and upright way. He advises the reader to restrain from striving for wealth, since a lot of money does not make one very happy, and he also does not believe that wealth is important for happiness. For instance, one man can be satisfied with small wage, whereas another man will feel poor with twice the amount. As a matter of course we need enough wealth to live, but more is not necessary. Wealth can free us from working, but for many people this is not a blessing as most people would be terribly bored. Everybody needs a basic income to be able to survive, but after that, wealth is very relative. This view is corroborated in the findings of contemporary empirical research.[1] Money can prevent the suffering from poverty like cold and hunger. Sickness can be relieved by money as well as giving away money to charity can also bring us the satisfaction of relieving others from suffering. It is harsh to deny the importance of wealth in our lives. However, we should not accumulate our wealth just for money’s sake only, and we should also have a goal or plan for using our money wisely in order to obtain happiness of our lives.

What is happiness?

Aristotle holds that a happy life must include pleasure, and he therefore opposes those who argue that pleasure is by its nature bad. He insists that there are other pleasures besides those of the senses, and that the best pleasures are the ones experienced by virtuous people who have sufficient resources for excellent activity. Aristotle does remind us that virtuous activity is impeded by the absence of a sufficient supply of external goods (1153b17–19).



Bibliography: Meikle, S. (1994). Aristotle on Money. Phronesis. 39 (1), p26-44. Available: http://web.ebscohost.com/ehost/pdfviewer/pdfviewer?sid=3055359d-033c-480e-a53d-22ba6b768b72%40sessionmgr13&vid=18&hid=19. Last accessed 16th Apr 2012. Collins, D. (1987). Aristotle and Business. Journal of Business Ethics. 6 (7), p567-572. Available: http://web.ebscohost.com/ehost/pdfviewer/pdfviewer?sid=d49ec6df-ddf5-420b-9a9e-76e38b759ce9%40sessionmgr13&vid=16&hid=108. Last accessed 17th Apr 2012. [2]Kraut, R. (2012). Aristotle 's Ethics. Available: http://plato.stanford.edu/archives/spr2012/entries/aristotle-ethics/. Last accessed 15th Apr 2012. [6]Meikle,S.(1994).Aristotle on Money. Phronesis. 39 (1), p26-44. Available: http://web.ebscohost.com/ehost/pdfviewer/pdfviewer?sid=3055359d-033c-480e-a53d-22ba6b768b72%40sessionmgr13&vid=18&hid=19. Last accessed 16th Apr 2012. [10]Collins, D. (1987). Aristotle and Business. Journal of Business Ethics. 6 (7), p567-572. Available: http://web.ebscohost.com/ehost/pdfviewer/pdfviewer?sid=d49ec6df-ddf5-420b-9a9e-76e38b759ce9%40sessionmgr13&vid=16&hid=108. Last accessed 17th Apr 2012.

You May Also Find These Documents Helpful

  • Good Essays

    References: Beauchamp, Tom L., & Norman E. Bowie (2004). Ethical Theory and Business. Upper Saddle River, NJ: Pearson Prentice Hall.…

    • 719 Words
    • 3 Pages
    Good Essays
  • Satisfactory Essays

    Although money can buy our necessary needs such as a bed, computers, books, food, and acquaintances, it can't buy respect, common sense, a purpose in life, a close-knit family and a strong work ethic. In my opinion, money can buy the illusion of happiness, but the true happiness has no money value. Also, money can also ruin your social relationship between your friends and family. From the story "The Scholarship Jacket", it told a story of a girl, named Marta, who grew up her with her father, who was a farm laborer, but he didn't make enough money to feed eight of his children. So she moved to live with her grandparents But despite having no money, she had a loving family, and it didn't stop her from working hard to achieve her goals, to have…

    • 139 Words
    • 1 Page
    Satisfactory Essays
  • Good Essays

    Business seeks to create happiness for all stakeholders through the production of products and services that establish value for customers. However are the business decisions “right” or “ethical”? With relevance to business, Aristotle suggests three main arguments and ideas in the Nicomachean Ethics. First, appropriate virtues of character are the important principle in ethics that allows a person to be truly ethical and only through practicing and honing into these virtues does one exhibit sound moral judgement. Secondly, Aristotle places great emphasis on how positive and active communities are essential to nurture appropriate virtues. Lastly, guidance from successful ethical and moral leaders is essential to disseminate an appropriate depiction…

    • 990 Words
    • 4 Pages
    Good Essays
  • Good Essays

    In his article, “An Aristotelean Approach to Business Ethics,” Robert Solomon argues that business should be viewed from the Aristotle way. He discusses that this view is not something very new but something that originated back to the ancient times. “What the Aristotelean approach promises is not something novel and scientific but an approach that is very staid and…

    • 516 Words
    • 3 Pages
    Good Essays
  • Better Essays

    Case 6.4 Drug Dilemmas

    • 1435 Words
    • 6 Pages

    Cited: * Shaw, William. Business Ethics A Textbook With Cases . 7th. Boston: Wadsworth, 2011. Print.…

    • 1435 Words
    • 6 Pages
    Better Essays
  • Satisfactory Essays

    References: DeGeorge, R.T. (2010). Business ethics (7th ed). Prentice Hall. Retrieved on October 11, 2010 from school text.…

    • 569 Words
    • 3 Pages
    Satisfactory Essays
  • Powerful Essays

    Aristotle was the first western thinker to divide philosophy into branches which are still recognizable today: logic, metaphysics, and natural philosophy, philosophy of mind, ethics and politics, rhetoric; he made major contributions in all these fields. He was born in Stagira, a city of northern Greece in 384 BC. His father Nicomachus was a doctor at the court of Amyntas of Macedon, who preceded Philip, the conqueror of much of Greece. Aristotle later served as tutor to Philip’s remarkable son, Alexander the Great.…

    • 1165 Words
    • 5 Pages
    Powerful Essays
  • Good Essays

    The Nicomachean Ethics, states that Happiness is virtuous activity that fulfills the human’s proper function which brings pleasure. However, our ultimate end isn 't pleasure; if it were, we 'd be no better than the animals. Aristotle believed that physical pleasures tempt us with excesses and lead us away from virtue and happiness (Aristotle, 2009).…

    • 812 Words
    • 4 Pages
    Good Essays
  • Powerful Essays

    Price Gouging

    • 2374 Words
    • 10 Pages

    In his book “Nicomachean Ethics” Aristotle invited the reader to give an explanation of what he believed is good.…

    • 2374 Words
    • 10 Pages
    Powerful Essays
  • Satisfactory Essays

    Aristotle is a philosopher who is best known for the emphasis on the cultivation of virtues(excellence). He had so much to say about the ethics of exchange and so the author goes on to call him the first (known) business ethicist. Aristotle distinguished two different senses of economics one of them called ‘oceinomicus” or household…

    • 727 Words
    • 3 Pages
    Satisfactory Essays
  • Better Essays

    at all times.The virtue of perseverance is needed for all and any virtue since it is a habit…

    • 1938 Words
    • 8 Pages
    Better Essays
  • Good Essays

    In his article, “An Aristotelean Approach to Business Ethics,” Robert Solomon argues that business should be viewed from the Aristotle way. He discusses that this view is not something very new but something that originated back to the ancient times. “What the Aristotelean approach promises is not something novel and scientific but an approach that is very staid and established and above all very human.” This approach differs from other philosophies that we have learned in class because it incorporates and combines one’s personal values and one’s business values. The one motive that every individual ought to aim for is something that benefits the community. The individuals and the businesses are part of the larger community, where individuals have to “strive to excel, to bring out what is best in ourselves and our shared enterprise.”…

    • 587 Words
    • 3 Pages
    Good Essays
  • Powerful Essays

    His article that was featured in the Journal of Business Ethics in 2006, Seek the Good Life, not Money: The Aristotelian Approach to Business Ethics. George addresses the issues that business ethicists have simply mine abstract formulas from the past; they missed out on the intellectual gains of exploring the philosophic traditions. His article seeks to rectify this shortcoming by advocating a close reading of these so called “great books” by Aristotle. The Nichomachean Ethics and the Politics points to Aristotle’s views on tying business morality to a universal conception of the good life. Aristotle insists upon the importance of exercising the virtues, of habitually acting in ways that fulfill the highest human potentialities. People are then asked to display courage, self-restraint, generosity, magnificence, magnanimity, sociability, justice, prudence and wisdom. Each of these virtues is to be practice not for the sake of financial success but financial success is defined by what is necessary to support a virtuous life. Let’s go through these nine virtues.…

    • 1465 Words
    • 6 Pages
    Powerful Essays
  • Powerful Essays

    Self-Discovery: Who Am I?

    • 4274 Words
    • 18 Pages

    In human existence, a question commonly asked is, "Who am I?" This question is the heart of the quest for the Self. This is a quest which may take a lifetime, sometimes longer, to fulfill. One path, of self-discovery, is when people turn to their surroundings in their search. In turning to their surroundings, people are able to see their Selves by the things around them. In observing the surroundings, people may, not only, find their Selves, but establish their Selves. This path, however, is not the only way people search for the Self. Another path is when people turn to something higher than themselves for answers. This path is lined with the hope the answers can be given by the, "something higher." These two paths represent two preceding forces in people's search for the Self.…

    • 4274 Words
    • 18 Pages
    Powerful Essays
  • Satisfactory Essays

    The Monetary System

    • 26621 Words
    • 107 Pages

    Money allows people to specialize in what they do best, thereby raising everyone’s standard of living.…

    • 26621 Words
    • 107 Pages
    Satisfactory Essays