John Locke Measure Of Material Wealth

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I. The proper measure of material wealth is in money and assets. A. The proper measure of material wealth is money. John Locke is famously known for his list of unalienable rights in the Declaration of Independence: “life, liberty, and the pursuit of happiness.” According to Locke, God has given the world to all of mankind, as well as given mankind the ability to reason and thus make use of the world (Locke, p. 52). The world, and the property therein, has not been bestowed on any individual person. Therefore, in order for “property” to exist, man must appropriate everything in its natural state in order to give one person the property right to it, at the exclusion of all others (Locke, p.53). Man has the ability to labor, which arises from the property he has in himself. Man can use that ability to take things from the commonwealth of the earth, annex it, and exclude it from the common right of others (Locke, p.53). …show more content…

God provided a large enough earth so that every man would be able to have some portion of it (Locke, p. 54). However, the land itself is not what necessarily provides the value of the property; rather, the measure of property comes from man’s ability to labor and produce the conveniences of life from that land (Locke, p.54). While Locke believed that that was enough land on earth to provide every occupant with what they could make use of, he concedes that the measure of material wealth shifted with the human invention of money and the social agreement to place value on money (Locke, p. 54). Thus, the true measure of material wealth is measured in the amount of money that a person

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