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Aristotle in the 21st Century: Review Article

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  • Fleetwood, Steve

Abstract

This review focuses upon three themes from Aristotle's Economic Thought by Scott Meikle, (1995) to reveal how (1) Aristotle's essentialist metaphysics can assist in clarifying contemporary issues in (2) value theory and (3) economics as ethics. Essentialism allows one to pose (adequately) the central question of value, namely: what is the entity that renders incommensurable commodities commensurable? Essentialism, by discouraging the elision of differences between activities with different aims, sharply differentiates between those activities which aim at use value and those which aim at exchange value. Pursuit of the latter encourages neglect of the former, making it difficult for society to pursue ethical aims. Copyright 1997 by Oxford University Press.

Suggested Citation

  • Fleetwood, Steve, 1997. "Aristotle in the 21st Century: Review Article," Cambridge Journal of Economics, Cambridge Political Economy Society, vol. 21(6), pages 729-744, November.
    • Handle: RePEc:oup:cambje:v:21:y:1997:i:6:p:729-44
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    Cited by:

    1. Aaron V. Glassburner & David R. Nowicki & Brian Sauser & Wesley S. Randall & John M. Dickens, 2018. "Theory of Paradox Within Service-Dominant Logic," Service Science, INFORMS, vol. 10(2), pages 111-123, June.
    2. Akbar, Payam & Hoffmann, Stefan, 2020. "Creating value in product service systems through sharing," Journal of Business Research, Elsevier, vol. 121(C), pages 495-505.
    3. Haddadi Amin & Johansen Agnar & Bjørberg Svein, 2017. "Best Value Approach (BVA): Enhancing Value Creation in Construction Projects," Business Systems Research, Sciendo, vol. 8(2), pages 84-100, September.
    4. Tonci Kuzmanic, 2019. "Aristotle’s Chrematistike and the Current ‘Post-Economy’," Managing Global Transitions, University of Primorska, Faculty of Management Koper, vol. 17(2 (Summer), pages 129-148.

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