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Wealth -- Moral and ethical aspects Books

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Eryxias

"Eryxias by Plato" is a philosophical dialogue attributed to a later Platonic imitator, written during the period of the Hellenistic era. This work falls under the category of philosophical discourse, focusing on topics such as wealth, virtue, and the nature of human happiness. The dialogue is notable for its exploration of concepts that resonate with modern political economy, presenting an early examination of wealth's role and implications in human life. In "Eryxias," the characters Socrates, Eryxias, Critias, and Erasistratus engage in a discussion primarily centered around the nature of wealth and its relationship to virtue and happiness. The conversation unfolds in a series of interrogations led by Socrates, challenging the notion that wealth equates to true richness or happiness. Through various arguments, the participants examine whether wealth is inherently good or evil, considering the effects of poverty and richness on moral character and life satisfaction. Ultimately, Socrates guides the dialogue towards the conclusion that the wisest individuals, those who possess true knowledge, are actually the real wealth holders, as this wisdom transcends material wealth and leads to a more fulfilling life.

Arthur Ponsonby Ponsonby

The Camel and the Needle's Eye

"The Camel and the Needle's Eye" by Arthur Ponsonby is a philosophical dialogue written in the early 20th century. This work critiques the socio-economic divide between the rich and the poor, exploring the implications of wealth accumulation and societal values related to money. The text addresses the moral and ethical responsibilities of the wealthy, engaging in discussions about the nature of poverty, charity, and the often detrimental effects of extreme wealth on both individuals and society as a whole. The opening portion of the book begins with a vivid portrayal of the stark contrast between wealth and poverty in society, using the imagery of destitute individuals sleeping on the streets of London. It discusses the relationship between rich and poor, highlighting societal tendencies to blame the impoverished for their circumstances, while also emphasizing how wealthy individuals and their lifestyles contribute to systemic social issues. The author reflects on the moral implications of wealth, arguing that the existence of extreme poverty is a direct consequence of extreme wealth and criticizes the superficial pity that the affluent feel towards the poor, advocating for a broader understanding of societal responsibility and justice in the context of wealth and poverty.

Frederick L. (Frederic Lockwood) Lipman

Creating Capital Money-making as an aim in business

"Creating Capital: Money-Making as an Aim in Business" by Frederick L. Lipman is a philosophical treatise, published in the early 20th century, that explores the moral implications of money-making in business. The book delves into the notion that the drive to accumulate wealth is ingrained in human nature and questions the ethics surrounding the pursuit of profits. As the book unfolds, it seeks to reconcile the desire for financial success with the social responsibilities that accompany it. In the text, Lipman argues that the pursuit of capital creation is beneficial not only to individuals but also to society as a whole. He emphasizes the importance of fiscal responsibility and the need for individuals to save and invest wisely, addressing the moral duties owed to family, community, and future generations. Through numerous examples and thoughtful analysis, Lipman contrasts the stereotypical image of the greedy capitalist with the ideal of a responsible money-maker who contributes positively to civilization by creating capital. Ultimately, he encourages readers to adopt a balanced approach to wealth accumulation—one that harmonizes the drive for financial success with ethical considerations and a commitment to service.

Arthur Cheney Train

The "Goldfish"
 Being the Confessions af a Successful Man

"The 'Goldfish'" by Arthur Cheney Train is a reflective novel likely written in the early 20th century. The narrative centers around a successful man who grapples with the profound questions of happiness and fulfillment in life despite his material achievements. As he approaches the milestone of fifty years, he reflects on his life’s journey, questioning whether success truly constitutes happiness. At the start of the book, the protagonist contemplates his recent birthday, expressing a mix of pride and melancholy over his achievements and societal status. He acknowledges his outward success—financial security, a stable family, and social standing—yet he feels a deep-rooted dissatisfaction with his life, wondering if he has failed to live meaningfully. As he recalls various past events, including a family outing to a theater performance that left him unfulfilled, he draws parallels between his life and a horse race where competitors make no actual progress. This introspective exploration sets the foundation for his quest to analyze not just his existence but the collective state of affluent society, assessing the moral implications of their lives and values.

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