2000Journal of Shantou UniversityRequires access

Changes in the outlook on wealth and the creation of wealth

Chu Xiao-ping

Open publisher page 0 citations

Abstract

This paper makes an analysis of the contradictory mentality of both longing for wealth and harboring hatred against wealth, and attempts to clarify some hazy understranding of wealth in course of the evolution of outlook on wealth, then goes on to reveal that the nature of wealth is the embodiment of intelligence and creativity on the one hand, and the embodiment of ability in social cooperation on the other hand. Only a legalized market system can enable the properness and legitimacy of any means of getting rich, becausc this will form a dynamic society in which ability and creativity are allowed to compete, and this is the growth of wealth in the true sense of the term. The paper also points out that the effective operation of a legalized market system necessitates the support from excellent culture and sethics.

About this research paper

What this paper is about

This paper makes an analysis of the contradictory mentality of both longing for wealth and harboring hatred against wealth, and attempts to clarify some hazy understranding of wealth in course of the evolution of outlook on wealth, then goes on to reveal that the nature of wealth is the embodiment of intelligence and creativity on the one hand, and the embodiment of ability in social cooperation on the other hand. Only a legalized market system can enable the properness and legitimacy of any means of getting rich, becausc this will form a dynamic society in which ability and creativity are allowed to compete, and this is the growth of wealth in the true sense of the term. The paper also points out that the effective operation of a legalized market system necessitates the support from excellent culture and sethics.

Why it matters

A significance statement is not available in the OpenAlex record.

Key contribution

A contribution statement is not available in the OpenAlex record.

Method / approach

Method details are not available in the OpenAlex metadata.

Main findings

Findings are not separately available in the OpenAlex metadata.

Limitations

Limitations are not available in the OpenAlex metadata.

Applications

Application details are not available in the OpenAlex metadata.

Available abstract

This paper makes an analysis of the contradictory mentality of both longing for wealth and harboring hatred against wealth, and attempts to clarify some hazy understranding of wealth in course of the evolution of outlook on wealth, then goes on to reveal that the nature of wealth is the embodiment of intelligence and creativity on the one hand, and the embodiment of ability in social cooperation on the other hand. Only a legalized market system can enable the properness and legitimacy of any means of getting rich, becausc this will form a dynamic society in which ability and creativity are allowed to compete, and this is the growth of wealth in the true sense of the term. The paper also points out that the effective operation of a legalized market system necessitates the support from excellent culture and sethics.

Key concepts: Legitimacy, Creativity, Economics, Hatred, National wealth, Neoclassical economics, Economic system, Market economy

Related papers

Back to paper searchBrowse research topicsOriginal source
Changes in the outlook on wealth and the creation of wealth — Research Paper | ScholarLens