Personal Finance
Aristotle on Wealth
By Scg8866t Stockinvesting  •  December 18, 2014
"The life of money making is one undertaken under compulsion since wealth is not the good we are seeking and is merely useful for the sake of something else" - quote taken from Aristotle Nichomachean Ethics 1.5. Aristotle believes that desires fueled from hard labor or barter are 'natural', but desires fueled by monetary gains through exchange or retail trades, are unnatural and reprehensible. Which means in today's context, he condemns commerce, investing and money lending. He is against economic growth and wealth accumulation as he favors a static society. He believes that money is used as a mean to an end, as a tool for seeking something else in life. That "something else' is happiness. He believes happiness is an end in itself and that it is the ultimate goal we should strive for. His definition of happiness is not subjective or temporary like how we perceive it ......
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By Scg8866t Stockinvesting
Thanks for reading my blog. I am just an ordinary Singaporean with an avid interest in technical analysis, fundamental analysis and philosophy.
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