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Universal concepts are structured, therefore they have forms. This means that it is physical not spiritual.In the history of western philosophy, Plato was one of the first, or the first, philosopher to argue for the immateriality of the intellect. He got this from an introspection and examination of human thoughts and particularly universal concepts. Since matter individualizes things, if we have universal concepts than it follows that our intellect is immaterial. This is in contrast to the imagination which can only present to us particular and individualized images because the imagination functions through a material organ of the body. It was Plato who came up with the doctrine or theory of Ideas or Forms whom Aristotle, his pupil, also followed but with some important modifications.
Why something which is not existence cannot persist to exists?Though the spiritual human soul is immortal and a simple substance as it is not composed of material parts by which to disintegrate, still, the soul’s essence is not it’s existence. God alone is his own being and existence. All creatures have a participated existence and thus need to be conserved in being at every moment in the same way that the air is lightsome as long as the sun is shinning on it.