The Two Kinds of Business

Chapter 9

Chapter 9

1. Introduction to Two Types of Goods-Getting Arts

  • There are two distinct forms of goods-getting: one natural, essential for household management and sustenance; the other unnatural, focused on commerce and unlimited wealth acquisition.

2. The Dual Use of Possessions

  • Every possession can be used properly (e.g., shoes for wearing) or improperly (e.g., exchanging shoes for money).

3. Origins of Trade and Exchange

  • Trading originated from the need to balance possessions, moving from household exchanges to broader community barter systems.

4. Development of Commerce and Money

  • With increasing trade, especially with foreigners, money was introduced to facilitate exchanges that barter could not efficiently handle.

5. Evolution of Goods-Getting through Commerce

  • Commerce evolved from simple trade to an art form focused on profit maximization, closely linked to the development and use of money.

6. Ambiguity of Money and Wealth

  • While money is often equated with wealth, it is actually conventional and arbitrary, with no inherent value beyond societal agreement.

7. Re-Evaluating Wealth

  • Aristotle calls for a distinction between natural wealth, tied to the necessities of life, and unnatural wealth, associated with the limitless pursuit of money.

8. Unlimited Desire for Wealth in Commerce

  • The pursuit of wealth in commerce is seen as having no limits, akin to medicine’s pursuit of health, yet it often focuses merely on financial gain rather than true well-being.

9. The Problem of Unlimited Wealth Accumulation

  • This mistaken belief in the limitless acquisition of wealth leads to lifestyles focused more on having than on well-being, often to the detriment of living well.

10. The Misapplication of Skills and Arts to Money-Making

  • Various arts, such as medicine and the military, are often misused for profit, undermining their true purposes.

11. Conclusion: Distinction Between Necessary and Unnecessary Goods-Getting

  • Aristotle concludes that necessary goods-getting is natural and limited, part of household management, whereas unnecessary goods-getting, driven by commerce, is unlimited and unnatural.

Key Themes in Chapter 9:

  • Natural vs. Unnatural Wealth: Aristotle differentiates between wealth that is necessary and naturally limited, and wealth that is pursued through commerce, which is unnatural and unlimited.
  • Dual Use of Objects: Objects have both natural uses (proper) and unnatural uses (commercial), highlighting different approaches to possessions.
  • Development of Money: The transition from barter to money marked a significant development in commerce, influencing the art of maximizing profit.
  • Critique of Wealth Accumulation: Aristotle criticizes the pursuit of wealth for its own sake, advocating for a focus on living well rather than merely accumulating resources.
  • Misapplication of Arts: The distortion of various arts for monetary gain reflects a broader societal misunderstanding of their fundamental purposes.

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