This paper argues that what Aristotle has in mind as the criterion for estimating the value of products in Nicomachean Ethics V.5 is neither the Marxian concept of 'human labour' nor Polanyi's concept of 'status', but the benefit of a recipient, and maintains that Aristotle here does not analyse the mechanism of a market economy, but addresses the problem of how to build reciprocal relationships among citizens through the exchange of goods. Furthermore, unlike Nussbaum's capability approach, which draws attention to the concept of well-being, the paper argues that the concept of reciprocity plays the key role in Aristotle's distributive theory of property in the Politics and lays the foundation for his understanding of political governance as the exchange of governing and being governed in turn.
...MoreSimilar Citations
Chapter
Younesie, Mostafa;
(2009)
Understanding Aristotle's Politics through Form and Matter
(/isis/citation/CBB001201154/)
Article
Brecht Buekenhout;
(2016)
Kingly versus Political Rule in Aristotle’s Politics
(/isis/citation/CBB265311033/)
Article
Antony Hatzistavrou;
(2021)
Aristotle on the Authority of the Many: Politics III 11, 1281a40–b21
(/isis/citation/CBB729815190/)
Thesis
Cirillo, Thomas McCulloch;
(2012)
Categorizing Difference: Classification, Biology, and Politics in Aristotelian Philosophy
(/isis/citation/CBB001561021/)
Article
Duke, George;
(2014)
Aristotle and the Authoritativeness of Politik
(/isis/citation/CBB001451691/)
Article
Thornton Lockwood;
(2018)
Servile Spartans and Free Citizen-soldiers in Aristotle’s Politics 7–8
(/isis/citation/CBB803080395/)
Article
Jason Jordan;
(2016)
Ab alio movetur: Aristotle and Causal Determinism
(/isis/citation/CBB474983342/)
Book
Falcon, Andrea;
(2005)
Aristotle and the Science of Nature: Unity without Uniformity
(/isis/citation/CBB000771607/)
Article
Franziska van Buren;
(2023)
Circular Motion and Circular Thought: A Synthetic Approach to the Fifth Element in Aristotle’s de Philosophia and de Caelo
(/isis/citation/CBB785869875/)
Article
Olfert, Meyvis;
(2014)
Incomplete Activities
(/isis/citation/CBB001214196/)
Book
Taylor, C. C. W.;
Hare, R. M.;
Barnes, Jonathan;
(1999)
Greek Philosophers: Socrates, Plato, Aristotle
(/isis/citation/CBB000110646/)
Article
Studtmann, Paul;
(2004)
Living Capacities and Vital Heat in Aristotle
(/isis/citation/CBB000670359/)
Article
Correia, Manuel;
(2004)
Philoponus on the Nature of Logic
(/isis/citation/CBB000502259/)
Thesis
Rosen, Jacob;
(2008)
Necessity and Teleology in Aristotle's Physics
(/isis/citation/CBB001561237/)
Thesis
Scharle, Margaret Elizabeth;
(2005)
The Place of the Elements in Aristotle's Natural Teleology
(/isis/citation/CBB001561693/)
Article
Sharples, R. W.;
(2005)
Some Thoughts on Aristotelian Form: With Special Reference to Metaphysics Z 8
(/isis/citation/CBB000651652/)
Book
Mouracade, John;
(2008)
Aristotle on Life
(/isis/citation/CBB000951115/)
Book
Frede, Dorothea;
Reis, Burkhard;
(2009)
Body and Soul in Ancient Philosophy
(/isis/citation/CBB000932343/)
Book
Sedley, David N.;
(2007)
Creationism and Its Critics in Antiquity
(/isis/citation/CBB000830460/)
Article
Caye, P.;
(2008)
Science and Effectivity: The Architectural Theory of Vitruvius as a Test of Aristotelian Metaphysics
(/isis/citation/CBB000930366/)
Be the first to comment!