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Author:Hadreas, P.
Title:Aristotle on the vices and virtue of wealth: theoretical foundations
Journal:Journal of Business Ethics
2002 : SEP (II), VOL. 39:4, p. 361-376
Index terms:Ethics
Business ethics
Corporate philanthropy
Language:eng
Abstract:Drawing primarily on the Nicomachean Ethics, Book IV, Chapter 1 discussion 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 postindustrial 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.
SCIMA record nr: 239347
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