Excellence, and the good man _quatenus_ good, are to be taken as the standard.

If what he abhors appears pleasurable to some persons, we must not be surprised, since there are many depravations of individuals, in one way or another; but these things are not pleasures really, they are only pleasures to these depraved mortals (V.).
So far the theory of Pleasure.

Aristotle now goes back to his starting point--the nature of the Good, and Happiness.

He re-states his positions: That Happiness is an exercise or actuality [Greek: energeia], and not an acquirement or state (hexis), That it belongs to such exercises as are worthy of choice for their own sake, and not to such as are worthy of choice for the sake of something else; That it is perfect and self-sufficing, seeking nothing beyond itself, and leaving no wants unsupplied.

Hence he had concluded that it consisted in acting according to virtue; for the honourable and good are chosen for their own sake.