Chrematistics

The chrematistics is the art to obtain wealth.

The term was coined by Aristotle, who between Economics ( Property Management Art) and chrematistics different ( art of making money ). Other terms that are already subject to a value judgment, be of Economics, the natural art of acquisition and for chrematistics the unnatural art of acquisition.

Natural acquisition Arts ( Economics )

The concept of natural art of acquisition is aimed at the basic need satisfaction of the people. The economics deals with the procurement and preservation of those goods which are useful and necessary for the house or the state. "In these things there is indeed probably the only real wealth. " (Politics 1256 b 30). This economic system is thus characterized by the fulfillment of demand principle. Capital accumulation and the pursuit afterwards does not take place here. Since the amount of tools or instruments that constitute the wealth of the household or state administration, the size and number is not unlimited, could also not be unlimited wealth. Aristotle considerations to economic actions are embedded in philosophical considerations. In this sense, you can tell by his passages that he ran a strong normative analysis, so that he was constantly looking at how economic action may be operated so that the common good, the one with him certainly be regarded as overriding ideal, can contribute. This approach today we would probably treat the term business ethics. Returning to the natural art of acquisition, it is also permeated by a principle of justice. He described the bartering between economic agents and thereby introduced the terms a profit and loss. Profit is given accordingly, if there is more after the exchange transaction than before. Loss is given when there is less than before. In the middle between profit and loss is, according to Aristotle justice. At this point, again, the need for recovery principle is likely to come to fruition.

Unnatural art of acquisition ( chrematistics )

The Economics of Aristotle presented the chrematistics as economy toward art. The aim here is to accumulate money. The exchange is here not operated to meet demand, or to accumulate to the self-sufficiency of the house and the state 's sake, but to wealth. This type of economy art comes in his sense as a result of the introduction of money as a medium of exchange to fruition. Aristotle blamed her mind that you can often mean wealth and property are unlimited.

Swell

• Bernd Ziegler: history of economic thought. Paradigm shift in economics. Oldenbourg, Munich 1998, ISBN 3486221604
• Bertram Schefold: Plato and Aristotle. In: Bertram Schefold (ed.): Economic styles. Bd 1 dtv, 1994, pp. 113-157

• Business Ethics