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Illth
Illth, coined by John Ruskin in the 1860s, is the reverse of wealth in the sense of ''ill'' being the opposite of ''well''. In Ruskin's view: :Wealth, therefore, is "The possession of the valuable by the valiant"; and in considering it as a power existing in a nation, the two elements, the value of the thing, and the valour of its possessor, must be estimated together. Whence it appears that many of the persons commonly considered wealthy, are in reality no more wealthy than the locks of their own strong boxes are, they being inherently and eternally incapable of wealth; and operating for the nation, in an economical point of view, either as pools of dead water, and eddies in a stream (which, so long as the stream flows, are useless, or serve only to drown people, but may become of importance in a state of stagnation should the stream dry); or else, as dams in a river, of which the ultimate service depends not on the dam, but the miller; or else, as mere accidental stays and imped ...
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John Ruskin
John Ruskin (8 February 1819 20 January 1900) was an English writer, philosopher, art critic and polymath of the Victorian era. He wrote on subjects as varied as geology, architecture, myth, ornithology, literature, education, botany and political economy. Ruskin's writing styles and literary forms were equally varied. He wrote essays and treatises, poetry and lectures, travel guides and manuals, letters and even a fairy tale. He also made detailed sketches and paintings of rocks, plants, birds, landscapes, architectural structures and ornamentation. The elaborate style that characterised his earliest writing on art gave way in time to plainer language designed to communicate his ideas more effectively. In all of his writing, he emphasised the connections between nature, art and society. Ruskin was hugely influential in the latter half of the 19th century and up to the First World War. After a period of relative decline, his reputation has steadily improved since the 1960 ...
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Unto This Last
''Unto This Last'' is an essay critical of economics by John Ruskin, first published between August and December 1860 in the monthly journal ''Cornhill Magazine'' in four articles. Title The title is a quotation from the Parable of the Workers in the Vineyard: The "last" are the eleventh hour labourers, who are paid as if they had worked the entire day. Rather than discuss the contemporary religious interpretation of the parable, whereby the eleventh hour labourers would be death-bed converts, or the peoples of the world who come late to religion, Ruskin looks at the social and economic implications, discussing issues such as who should receive a living wage. This essay is very critical of the economists of the 18th and 19th centuries. In this sense, Ruskin is a precursor of social economy. Because the essay also attacks the destructive effects of industrialism upon the natural world, some historians have seen it as anticipating the Green movement. The essay begins with the foll ...
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Critique Of Political Economy
Critique of political economy or critique of economy is a form of social critique that rejects the various social categories and structures that constitute the mainstream discourse concerning the forms and modalities of resource allocation and income distribution in the economy. The critique also rejects economists' use of what its advocates believe are unrealistic axioms, faulty historical assumptions, and the normative use of various descriptive narratives. They reject what they describe as mainstream economists' tendency to posit the economy as an a priori societal category. Those who engage in critique of economy tend to reject the view that the economy, and its categories, is to be understood as something transhistorical. They rather argue that it is a relatively new mode of resource distribution, which emerged along with modernity. Hence, it is seen as merely one of many types of historically specific ways to distribute resources. Critics of economy critique the given ...
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John Ruskin Self Portrait 1861
John is a common English name and surname: * John (given name) * John (surname) John may also refer to: New Testament Works * Gospel of John, a title often shortened to John * First Epistle of John, often shortened to 1 John * Second Epistle of John, often shortened to 2 John * Third Epistle of John, often shortened to 3 John People * John the Baptist (died c. AD 30), regarded as a prophet and the forerunner of Jesus Christ * John the Apostle (lived c. AD 30), one of the twelve apostles of Jesus * John the Evangelist, assigned author of the Fourth Gospel, once identified with the Apostle * John of Patmos, also known as John the Divine or John the Revelator, the author of the Book of Revelation, once identified with the Apostle * John the Presbyter, a figure either identified with or distinguished from the Apostle, the Evangelist and John of Patmos Other people with the given name Religious figures * John, father of Andrew the Apostle and Saint Peter * Pope J ...
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George Bernard Shaw
George Bernard Shaw (26 July 1856 – 2 November 1950), known at his insistence simply as Bernard Shaw, was an Irish playwright, critic, polemicist and political activist. His influence on Western theatre, culture and politics extended from the 1880s to his death and beyond. He wrote more than sixty plays, including major works such as '' Man and Superman'' (1902), '' Pygmalion'' (1913) and '' Saint Joan'' (1923). With a range incorporating both contemporary satire and historical allegory, Shaw became the leading dramatist of his generation, and in 1925 was awarded the Nobel Prize in Literature. Born in Dublin, Shaw moved to London in 1876, where he struggled to establish himself as a writer and novelist, and embarked on a rigorous process of self-education. By the mid-1880s he had become a respected theatre and music critic. Following a political awakening, he joined the gradualist Fabian Society and became its most prominent pamphleteer. Shaw had been writing plays for y ...
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Herman Daly
Herman Edward Daly (July 21, 1938 – October 28, 2022) was an American Ecological economics, ecological and Georgism#Georgism and environmental economics, Georgist economist and professor at the University of Maryland School of Public Policy, School of Public Policy of University of Maryland, College Park in the United States, best known for his time as a senior economist at the World Bank from 1988 to 1994. In 1996, he was awarded the Right Livelihood Award for "defining a path of ecological economics that integrates the key elements of ethics, quality of life, environment and community." Life and work Dale was born in Houston, Texas in 1938. Before joining the World Bank, Daly was a research associate at Yale University, and Alumni Professor of Economics at Louisiana State University. Daly was Senior Economist in the Environment Department of the World Bank, where he helped to develop policy guidelines related to sustainable development. While there, he was engaged in env ...
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Steady-state Economy
A steady-state economy is an economy made up of a constant stock of physical wealth (capital) and a constant population size. In effect, such an economy does not grow in the course of time. The term usually refers to the economy, national economy of a particular country, but it is also applicable to the economic system of a city, a region, or the world economy, entire world. Early in the history of economic thought, classical economics, classical economist Adam Smith of the 18th century developed the concept of a ''stationary state'' of an economy: Smith believed that any national economy in the world would sooner or later settle in a final state of wikt:stationarity, stationarity. Since the 1970s, the concept of a steady-state economy has been associated mainly with the work of leading ecological economics, ecological economist Herman Daly. As Daly's concept of a ''steady-state'' includes the ecological analysis of natural resource flows through the economy, his concept d ...
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1860s Neologisms
Year 186 ( CLXXXVI) was a common year starting on Saturday (link will display the full calendar) of the Julian calendar. At the time, it was known as the Year of the Consulship of Aurelius and Glabrio (or, less frequently, year 939 ''Ab urbe condita''). The denomination 186 for this year has been used since the early medieval period, when the Anno Domini calendar era became the prevalent method in Europe for naming years. Events By place Roman Empire * Peasants in Gaul stage an anti-tax uprising under Maternus. * Roman governor Pertinax escapes an assassination attempt, by British usurpers. New Zealand * The Hatepe volcanic eruption extends Lake Taupō and makes skies red across the world. However, recent radiocarbon dating by R. Sparks has put the date at 233 AD ± 13 (95% confidence). Births * Ma Liang, Chinese official of the Shu Han state (d. 222) Deaths * April 21 – Apollonius the Apologist, Christian martyr * Bian Zhang, Chinese official and gener ...
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