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 periodicals archive ?
But we could learn that material wealth doesn't equal happiness; that we should be masters of technology not its slaves; that the family is the building block of society.
Poverty eradication programs have generally focused on the creation of material wealth. While these measures have improved living standards in some parts of the world, inequality remains widespread.
God is infinite and there is no lack in God." I'm decidedly uncomfortable with this sentiment and similar popular ideas, all about material wealth with a spiritual spin to it.
Although he is facing competition from an Irish/American consortium to gain control, it's understood the Saudi Prince is in a position of real strength in light of his immense material wealth which would clear Pompey's debts overnight.
More than any other state in the union, California projects indelible images of material wealth, beautiful bodies, exotic landscapes, cultural diversity, and opportunities for personal reinvention.
Despite incomes trebling, and our living standards, life expectancy and material wealth soaring beyond recognition, we are no happier.
"Material wealth comes to mind, but basic advantages such as education and health care are clearly invaluable.
Societies where material wealth is most valued therefore are the most unequal.
In line with this, the automotive color trends of tomorrow are reflecting the realization that there's more to life than material wealth. Gutjahr and Hofli are observing three major developments.
friendship ahead of material wealth. Each narrative twist and turn is clearly signposted, giving the teenage viewers plenty of time to get their tissues ready as Hannah makes the most important decision of her life.
If properly followed these principles provide proven and tested guidelines for achieving sustainable levels of material wealth while not violating one's relationship with God..."
This is a challenge for us living in society which glorifies the wasteful and thoughtless amassing of material wealth, where acts of modern warfare and nuclear testing have caused undisclosed damage to the planet's ecology.