Aristotle is Dead, but his Ideas are Alive: Manipulating Money, and Plato’s Communism– Part II

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The School of Athens: Plato and Aristotle

Aristotle is Dead, but his Ideas are Alive: Manipulating Money, and Plato’s Communism– Part II

Aristotle died. But then he returned from the grave, in a manner of speaking.

The ancient Greek philosopher and scientist’s ideas remained mostly dead until the middle ages. With his rediscovered arguments, an old world was reborn, giving new life to western society.

[Read Part I]

Aristotle understood quite well that, “the tools mentioned are instruments of production, whereas an article of property is an instrument of action”. Aristotle seems to understand that an object is whatever it is worth in the eyes of the buyer and seller, for both must agree on the value and price they see fit during the contract and exchange between both parties. The object of desire will be of better value if it has more than one use. Sometimes, the object in question maybe only designed for one specific use, but its value equals that of an object with many functions.  Therefore, people and their desires are apparently spontaneous.


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