Thursday, August 23, 2018

Wealth, Health, Leisure

Seemingly taken for granted by Smith, and by Capitalists in general, is that Wealth is an end-in-itself.  However, Smith briefly, and perhaps unwittingly, suggests otherwise, when he attributes to the Invisible Hand the power of Wealth-Distribution that meets the Needs of all.  For, implicit in that thesis is the recognition that Wealth is a means to the meeting of Need, i. e. to Health.  Otherwise, he seems to not address the relation of Wealth to Health, perhaps because the benefits in that regard of the affordability of the best food, shelter, medical treatment, etc., are obvious.  However, less inarguably a Good is what may be for some the greatest benefit of Wealth--Leisure.  For, on the one hand, liberation from 'back-breaking' toil in dangerous conditions is Healthful, but on the other, inertia is not, which may be why a simulation of some of the consequences of physical labor, e. g. a well-defined physique and a tan, have in recent centuries become staples of Leisure-time activity in some cultures.  So, insofar as Leisure is the ulterior motive of the pursuit of Wealth, Capitalists may be misguided in taking the benefits of the latter for granted.

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