A code of conduct

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Chapter 2 in Aristotle’s Economics, 2024, pp 6-30 from Edward Elgar Publishing

Abstract: Stating that the supreme end is happiness, Aristotle argues that only the virtuous can be truly happy. Ethics is a social fact, enforced by social sanctions but ratified and promulgated by wise philosophers and enlightened statesmen. The social actor is not a one-off but a member of small groups like the household and the friendship circle, and large groups such as the city-state or polis. The moral code is a topic in corporatism and the totality. Even in the marketplace the Athenian is not free to do as he likes with his own. Comparisons are made with Adam Smith, Durkheim and Tönnies on community and Shaftesbury on the moral sense. Aristotle, like Xenophon, was unable to eliminate the debasing effect of the division of labour from his account of moderation freely chosen.

Keywords: Economics and Finance; Politics and Public Policy (search for similar items in EconPapers)
Date: 2024
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