good

(redirected from good old)
Also found in: Dictionary, Thesaurus, Medical, Legal, Financial.

good

Economics a commodity or service that satisfies a human need

Good

 

in ethics and philosophy, that which includes definite positive meaning. In philosophy the question of good was posed in attempts to explain the meaning of existence and human life and was treated as the problem of the greatest good (summum bonum in Latin, a term introduced by Aristotle); this greatest good determined the relative value of all other goods. The Greek philosophers viewed the greatest good as happiness— “eudaemonia” —the exact meaning of which was defined in various ways by representatives of different schools. For example, the Cyrenaics and Epicurus defined it as pleasure, the Cynics as abstention from passion, and Aristotle and the Stoics as virtue (in the sense of the supremacy of the higher and more rational forms of nature over the lower). Plato considered “the good” to be “the one” which is the basis of all existence. Aristotle distinguished three kinds of good: corporeal (health, strength), external (wealth, honor, glory), and spiritual (intelligence, moral virtue). In the Middle Ages, scholasticism attempted to rework the ideas of the ancient philosophers in terms of the principles of Christian theism. The result was the identification of the greatest good with god, the source of all good and the ultimate goal of human aspiration.

New European philosophy emphasized the role of the subject in determining any sort of good. T. Hobbes and B. Spinoza said that the good is that for which man is striving, that which he needs. Another development which was characteristic of new European ethics was the utilitarian interpretation of good, which reduces it to the idea of usefulness. Kant distinguished the supreme good from the absolute good. The former is good will and moral virtue; and latter requires that virtue be combined with happiness. Thereafter the concept of the good gradually lost its significance and, from the middle of the 19th century was replaced by the concept of value.

In the narrower and specifically ethical sense of the word, the concept of good is opposite to that of evil.

IU. N. POPOV

Material goods Economists consider material goods from two different points of view: in terms of their usefulness (their capacity for satisfying a particular human need) and in terms of how much man has contributed to their production. Accordingly, there are two kinds of value—use value and exchange value. Material goods are usually considered to include consumer goods (services as well as wares) which satisfy a great variety of human needs.

GOOD

References in classic literature ?
Look into Strutt's Costumes, and see what a Porter used to be, in any of the good old English reigns.
Good old Deacon Gookin had arrived, and waited at the skirts of that venerable saint, his revered pastor.
dans de bon vieux temps = in the good old days; corbeille = wedding presents from a bridegroom; trousseau = wedding outfit}
But one's native shore is the land one loves the best, and that's good old P.
Oh, you good old friends, I'm glad to see your honest faces once more--yes, even you, geometry.
It is true," said the good old man, "and indeed, sir, as far as the charge of sorcery goes I was not guilty; as to that of being a pimp I cannot deny it; but I never thought I was doing any harm by it, for my only object was that all the world should enjoy itself and live in peace and quiet, without quarrels or troubles; but my good intentions were unavailing to save me from going where I never expect to come back from, with this weight of years upon me and a urinary ailment that never gives me a moment's ease;" and again he fell to weeping as before, and such compassion did Sancho feel for him that he took out a real of four from his bosom and gave it to him in alms.
He had the air of one who recalls the good old days, of one who in familiar scenes re-enacts the joys of his vanished youth.
The tendency is in my blood, together with the faculty of mesmerism, which might have brought me to Gallows Hill, in the good old times of witchcraft.
A good old woman, Euryclea, daughter of Ops, the son of Pisenor, went before him with a couple of blazing torches.
No, be yourself with me, Laurie, and part in the good old way.
Then they tucked the old man into a beauti- ful room, which was the spare room, and in the night some time he got powerful thirsty and clumb out on to the porch-roof and slid down a stanchion and traded his new coat for a jug of forty-rod, and clumb back again and had a good old time; and towards daylight he crawled out again, drunk as a fiddler, and rolled off the porch and broke his left arm in two places, and was most froze to death when somebody found him after sun-up.
Grandfather, for aught I know, might have gone on to speak of Maryland and Virginia; for the good old gentleman really seemed to suppose that the whole surface of the United States was not too broad a foundation to place the four legs of his chair upon.