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Aristotle on the Vices and Virtue of Wealth

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Abstract

Drawing primarily on the Nicomachean Ethics, Book IV, Chapter 1 disquisition of the virtue of Liberality, Aristotle's account of the vices of virtue of wealth is discussed in detail. Historical differences between Aristotle's post-Periclean and modern post-industrial ideas of ownership, finance and trade organizations are introduced so to evaluate the relevance of Aristotle's approach to current investigations in business ethics. It is concluded that the lasting value of Aristotle's approach lies in its capacity to incorporate wealth into a comprehensive ordering of human goods.

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  1. Department of Philosophy, San Jose State University, One Washington Square, San Jose, CA, 95192-0096, U.S.A.

    Peter Hadreas

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  1. Peter Hadreas
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Hadreas, P. Aristotle on the Vices and Virtue of Wealth. Journal of Business Ethics 39, 361–376 (2002). https://doi.org/10.1023/A:1019714402975

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  • DOI: https://doi.org/10.1023/A:1019714402975

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