wealth

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wealth

1. a large amount of money and valuable material possessions
2. the state of being rich
3. Economics all goods and services with monetary, exchangeable, or productive value

wealth

the value of the resources possessed by an individual or a society (compare CAPITAL).

An important issue in any society is the distribution of wealth within it. Usually, in all but the simplest of societies, the ownership of wealth is unequal, and the degree to which this is so is an important differentiating feature of types of society. In the modern world advanced industrial societies generally manifest less inequality of income than less developed societies, but inequalities in the distribution of wealth remain great, although these are often difficult to quantify, given the tendency of wealth to go often unreported – e.g. at the time of death -because it is subject to taxation.

The massive inequality in wealth which exists between societies – especially between FIRST and THIRD WORLD societies – is, of course, also a major feature distinguishing between nation states in the modern WORLD SYSTEM, and a major aspect of the potential economic and political instability of this system.

Wealth

See also Luxury, Treasure.
Weaving (See SEWING and WEAVING.)
Abu Dhabi
Persian Gulf sheikdom overflowing with petrodollars. [Mid-East Hist.: NCE, 9]
Big Daddy
wealthy Mississippi landowner of humble origins. [Am. Lit.: Cat on a Hot Tin Roof]
black and gold
symbol of financial prosperity. [Heraldry: Jobes, 222]
buttercup
traditional symbol of wealth. [Plant Symbolism: Flora Symbolica, 167]
Cave of Mammon
abode of god of riches. [Br. Lit.: Faerie Queene]
Corinth
ancient Greek city; one of wealthiest and most powerful. [Gk. Hist. and Myth.: Zimmerman, 69]
Croesus
Lydian king; name became synonymous with riches. [Gk. Myth.: Kravitz, 69]
Dives
rich man who ignored poor man’s plight; sent to Hell. [N.T.: Luke 16:19–31]
Erichthonius
world’s richest man in classical times. [Gk. Myth.: Kravitz, 91]
Fortunatus’ purse
luckless man receives gift of inexhaustible purse. [Ital. Fairy Tale: LLEI, I: 286]
Fuggers
16th-century German financiers. [Ger. Hist.: NCE, 1023–1024]
Hughes, Howard
(1905–1976) eccentric millionaire; lived as recluse. [Am. Hist.: NCE, 1284]
Midas
Phrygian king; whatever he touched became gold. [Gk. and Rom. Myth.: Wheeler, 24]
Plutus
god of wealth: blind (indiscriminate); lame (slow to accumulate); and winged (quick to disappear). [Gk. Lit.: Plutus]
Rockefeller, John D(avison)
(1839–1937) oil magnate; name has become synonymous with “rich.” [Am. Hist.: Jameson, 431]
Solomon
fabulous riches garnered from gifts and tolls. [O.T.: I Kings 10:14–25]
Timon
rich Athenian; ruined by his prodigal generosity to friends. [Br. Lit.: Timon of Athens]
turquoise
seeing turquoise after a new moon brings wealth. [Gem Symbolism: Kunz, 345]
Warbucks, Daddy
adventurous soldier of fortune and richest man in world. [Comics: “Little Orphan Annie” in Horn, 459]
wheat stalk
traditional symbol of wealth. [Flower Symbolism: Flora Symbolica, 178]
References in classic literature ?
Of humble origin, and with an appearance really so mean as to stand in the way of his considerable natural abilities, his imagination had been fired early by the tales of men rising from the depths of poverty to positions of authority and affluence.
A few, led by the phantoms of hope, and ambitious of sudden affluence, sought the mines of the virgin territory; but by far the greater portion of the emigrants were satisfied to establish themselves along the margins of the larger water-courses, content with the rich returns that the generous, alluvial, bottoms of the rivers never fail to bestow on the most desultory industry.
These are mounted and ready to start on the highway to affluence.
Toutefois ce [beaucoup moins que] score [beaucoup plus grand que] est inferieur aux previsions de la direction du tourisme et de l'artisanat qui tablait sur une affluence de quinze millions de visiteurs.
com's latest edition of the Affluent Market Tracking Study, by American Affluence Research, found that there are many positive factors contributing to the increase of affluent families' net worth in 2015.
La deuxieme edition du SMAP Expo Amsterdam organise, du 15 au 17 mars au parc d'exposition [beaucoup moins que]Amsterdam Rai[beaucoup plus grand que], a connu une affluence remarquable.
Unlike biblical times, affluence is not confined to the rich.
Across four different experiments, researchers found that people's subjective sense of having time, called 'time affluence,' can be increased: compared with wasting time, spending time on oneself, and even gaining a windfall of 'free' time, spending time on others increased participants' feelings of time affluence.
Tesco is set to launch a wave of price promotions and range reviews that target customers based on the affluence of the areas they live in, The Grocer can reveal.
Affluence Intelligence: Earn More, Worry Less, and Live a Happy and Balanced Life should reach many in these hard economic times and proposes that true wealth is the entirety of a person's life, not just what's earned or saved.
I would like to state that modern developments do not make a sea of affluence.
Wee Ee Cheong, deputy chairman and CEO of the group, said, 'Whilst the global economy continues to grapple with various shocks, our core markets remain buoyant, reflecting the strong regional economic fundamentals and rising affluence in Asia.