Chrematistics

/ˌkremətɪˈstɪks/ noun

Definition

The study or practice of acquiring wealth and profit; the branch of economics focused on money-making.

Etymology

From Greek 'chremata' (money) with '-tics' (system of knowledge). A systematic study of wealth accumulation.

Kelly Says

Medieval scholars inherited Aristotle's skepticism about 'chrematistics,' viewing excessive focus on profit as morally suspect—but modern capitalism flipped the script, making wealth-pursuit virtuous.

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