Valuing Goods: The Development of Commensurability in Archaic Greece

To be monetised, a society requires a unit which measures the values of a wide range of goods. Being thus measurable, the values of goods are mutually commensurable, a point which Aristotle theorised in the Nicomachean Ethics (Book V). But whereas Aristotle gives rise to the impression that the sti...

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Autor principal: Mark Peacock
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Publicado: Center for Hellenic Studies 2021
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spelling oai:doaj.org-article:f1625902f6f3434d86c0e914dc5971942021-12-04T08:42:36ZValuing Goods: The Development of Commensurability in Archaic Greece10.35296/jhs.v5i1.682536-572X2536-5738https://doaj.org/article/f1625902f6f3434d86c0e914dc5971942021-11-01T00:00:00Zhttp://www.helenskestudije.me/ojs/index.php/jhs/article/view/68https://doaj.org/toc/2536-572Xhttps://doaj.org/toc/2536-5738 To be monetised, a society requires a unit which measures the values of a wide range of goods. Being thus measurable, the values of goods are mutually commensurable, a point which Aristotle theorised in the Nicomachean Ethics (Book V). But whereas Aristotle gives rise to the impression that the stipulation of a currency unit suffices to make goods commensurable, societies themselves must undergo a process of commensurabilisation whereby people become habituated to valuing goods in terms of a unit of value. This essay examines the development of practices of valuation and commensurability in ancient Greece, paying particular attention to the rule of Solon and his division of the citizenry into census classes according to their yearly income. The assessment of citizens’ income presupposes a unit for measuring income. The stipulation of this unit, it is argued, had a decisive influence in developing practices of valuation and commensurability.   Mark PeacockCenter for Hellenic StudiesarticleSoloncensus classescommensurabilitymetrologymedimnosHistory of GreeceDF10-951Greek philology and languagePA201-899ENSRAkropolis, Vol 5, Iss 1 (2021)
institution DOAJ
collection DOAJ
language EN
SR
topic Solon
census classes
commensurability
metrology
medimnos
History of Greece
DF10-951
Greek philology and language
PA201-899
spellingShingle Solon
census classes
commensurability
metrology
medimnos
History of Greece
DF10-951
Greek philology and language
PA201-899
Mark Peacock
Valuing Goods: The Development of Commensurability in Archaic Greece
description To be monetised, a society requires a unit which measures the values of a wide range of goods. Being thus measurable, the values of goods are mutually commensurable, a point which Aristotle theorised in the Nicomachean Ethics (Book V). But whereas Aristotle gives rise to the impression that the stipulation of a currency unit suffices to make goods commensurable, societies themselves must undergo a process of commensurabilisation whereby people become habituated to valuing goods in terms of a unit of value. This essay examines the development of practices of valuation and commensurability in ancient Greece, paying particular attention to the rule of Solon and his division of the citizenry into census classes according to their yearly income. The assessment of citizens’ income presupposes a unit for measuring income. The stipulation of this unit, it is argued, had a decisive influence in developing practices of valuation and commensurability.  
format article
author Mark Peacock
author_facet Mark Peacock
author_sort Mark Peacock
title Valuing Goods: The Development of Commensurability in Archaic Greece
title_short Valuing Goods: The Development of Commensurability in Archaic Greece
title_full Valuing Goods: The Development of Commensurability in Archaic Greece
title_fullStr Valuing Goods: The Development of Commensurability in Archaic Greece
title_full_unstemmed Valuing Goods: The Development of Commensurability in Archaic Greece
title_sort valuing goods: the development of commensurability in archaic greece
publisher Center for Hellenic Studies
publishDate 2021
url https://doaj.org/article/f1625902f6f3434d86c0e914dc597194
work_keys_str_mv AT markpeacock valuinggoodsthedevelopmentofcommensurabilityinarchaicgreece
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