Economics

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İngilizce Yunanca

1.10 That is to say, the same things are wealth and not wealth, according as one understands or does not understand how to use them. A flute, for example, is wealth to one who is competent to play it, but to an incompetent person it is no better than useless stones. True—unless he sells it.

1.11 We now see that to persons who don’t understand its use, a flute is wealth if they sell it, but not wealth if they keep it instead of selling. Yes, Socrates, and our argument runs consistently, since we have said that what is profitable is wealth. For a flute, if not put up for sale, is not wealth, because it is useless: if put up for sale it becomes wealth.

1.12 Yes, commented Socrates, provided he knows how to sell; but again, in case he sells it for something he doesn’t know how to use, even then the sale doesn’t convert it into wealth, according to you. You imply, Socrates, that even money isn’t wealth to one who doesn’t know how to use it.

1.13 And you, I think, agree with me to this extent, that wealth is that from which a man can derive profit. At any rate, if a man uses his money to buy a mistress who makes him worse off in body and soul and estate, how can his money be profitable to him then? By no means, unless we are ready to maintain that the weed called nightshade, which drives you mad if you eat it, is wealth.

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