Höffe I 34
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Economics Dictionary of Arguments

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Economy: Economy is the system of production, distribution, and consumption of goods and services within a society. It determines how resources are allocated and how goods and services are produced and distributed. See also Economics, Markets, Goods, Labour, Society.
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Annotation: The above characterizations of concepts are neither definitions nor exhausting presentations of problems related to them. Instead, they are intended to give a short introduction to the contributions below. – Lexicon of Arguments.

 
Author Concept Summary/Quotes Sources

Plato on Economy - Dictionary of Arguments

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Economy/Platon/Höffe: on the first Polis stage Plato ((s) in the Politeia) designs a "utopian idyll":
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Man is an economic subject because he
(1) has vital needs for food, clothing and housing For their satisfaction he must,
(2) produce the necessary goods
(3) For literally productive work he naturally brings with him different talents. In addition, according to the normative side, the production of goods, to which Adam Smith will later attach importance, is both facilitated and increased in its productivity through the division of labour and specialisation. The result is a professional and working society that is advantageous for everyone, in the sense of barter justice, equality in taking and giving, just and, in terms of its structure, purely cooperative, free from all competition and conflict.
Problem: [This model presupposes] frugality, with which a further element of economic anthropology is suppressed,
(4) a more-and-more want.
If one gives free rein to it, pleonexia or greed, the "lush polis" is created.
>Polis/Plato
.
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Greed: However, even the ruling class is not immune to the danger of pleonexia.
Solution/Plato: [Plato] proposes (...), in which he himself sees a new provocation: that not all citizens, but the leading group, should be forbidden both private property and their own family.
Cf. >Property/Aristotle.

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Explanation of symbols: Roman numerals indicate the source, arabic numerals indicate the page number. The corresponding books are indicated on the right hand side. ((s)…): Comment by the sender of the contribution. Translations: Dictionary of Arguments
The note [Concept/Author], [Author1]Vs[Author2] or [Author]Vs[term] resp. "problem:"/"solution:", "old:"/"new:" and "thesis:" is an addition from the Dictionary of Arguments. If a German edition is specified, the page numbers refer to this edition.

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