"No Wealth but Life" When Does Mercantile Wealth Create Ruskinian Wealth?

Swann P.

European Research Studies Journal, 2001, vol. IV, issue 3-4, 5-18

Abstract: Ruskin's famous dictum, "There is no Wealth but Life", offers a radically different view of the purposes of economic growth. This paper explores the relationship between mercantile wealth (as Ruskin called it), and his higher concept of wealth as life. After a brief review of Ruskin's writings about wealth and political economy, the paper develops a model of this relationship. We find an inverse u-shaped relationship between mercantile wealth and Ruskinian wealth, suggesting an optimum level of technological advance. Beyond that, while striving to increase the contribution of material wealth to overall wealth, we may actually reduce Ruskinian wealth.

Date: 2001
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
http://www.ersj.eu/repec/ers/papers/01_34_p2.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ers:journl:v:iv:y:2001:i:3-4:p:5-18

Access Statistics for this article

More articles in European Research Studies Journal from European Research Studies Journal
Bibliographic data for series maintained by Marios Agiomavritis ().