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What Is The Nature Of Our Economic System?
This is an Inactive Session within the Topic Business
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Primary Resource: Image:
John Ruskin
Other Resource: Text: Resource in Business view
Resource in Business view

 Money making and the pursuit of wealth is harmful
"Well, then....from there they progress in money-making, and the more honorable they consider it, the less honorable they consider virtue. Or isn't virtue in tension with wealth, as though each were lying in the scale of a balance, always inclining in opposite directions?" Plato, Republic, page 166
"When someone's desires incline strongly to some one thing, they are therefore weaker with respect to the rest, like a stream that has been channeled off in that other direction." Plato, Republic, Book VI, 485d

 Corrupts public taste and tarnishes virtue
John Ruskin
The whole of your life will have been spent in corrupting public taste and encouraging public extravagance....Your life has been successful in retarding the arts, tarnishing the virtues, and confusing the manners of your country.” 228
Good. “You must remember always that your business, as manufacturers, is to form the market, as much as to supply it...
Modern manufacture and design, Page 228 [1 page]

Merchants carry on the most sordid business by the most corrupt methods
“The merchants are the biggest fools of all. They carry on the most sordid business and by the most corrupt methods. Whenever it is necessary, they will lie, perjure themselves, steal, cheat, and mislead the public. Nevertheless, they are highly respected because of their money. There is no lack of flattering friars to kowtow to them and call them Right Honorable in public. The motive of the friars is clear enough: they are after some of the loot.” Desiderius Erasmus, The Praise of Folly (1509)

Wealth is often a sign of depravity
→ “The whole question, therefore, respecting not only the advantage, but even the quantity, of national wealth, resolves itself finally into one of abstract justice... Its real value depends on the moral sign attached to it.” 251
 Yes – ‘meaning.’ “Any given accumulation of commercial wealth may be indicative, on the one hand, of faithful industries, progressive energies, and productive ingenuities: or, on the other, it maybe indicative of mortal luxury, merciless tyranny, ruinous chicane.” 251
“So many strong men’s courage broken, so many productive operations hindered... That which seems to be wealth may in verity be only the gilded index of far-reaching ruin.” 251
 “And therefore, the idea that directions can be given for the gaining of wealth, irrespectively of the consideration of its moral sources,... is perhaps the most insolently futile of all that ever beguiled men through their vices.” 252
The Genius of John Ruskin, 251

Plato, Ruskin, Erasmus
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