Abstract

This article explores the virtues of generosity and magnificence in Aristotle's Nicomachean Ethics. Generosity involves private individuals giving moderately; magnificence is spending by individuals on a grand scale for public purposes. Inequality, it is argued, grounds and motivates these virtues. For Aristotle, generosity and magnificence are products of inherited wealth, and the generous and the magnificent person seek the noble in their actions rather than the benefit of their recipients. The generous and the magnificent intend to place themselves in a superior position to those who receive their gifts. Moreover, magnificence flows from a great inequality of wealth and requires that the provision of public goods be in private hands. Aristotle