According to Aristotle, usury is the most hated method of producing money.
Who was Aristotle?
Aristotle is one of the most famous philosophers of ancient Greece, who lived in the fourth century BC. C. He will stand out for his interest in different disciplines such as biology, philosophy and politics, in which he made important contributions.
What does Aristotle think about money?
Aristotle took up the idea that money had been created as a means of exchange that represented a value to obtain a good or service in exchange. Additionally, it is in accordance with the traditional ways of generating money, that is, obtaining money in exchange for the products or services that a person offers to other individuals.
What negative aspect does Aristotle highlight about money?
Aristotle was radically opposed to usury, that type of money production in which interest causes an individual's money or earnings to be multiplied by an imaginary idea of value.
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