Time Preference - Social Anarchist Views

Social Anarchist Views

Many social anarchists object to the theory of time preference being applied to an economy as a whole in a capitalist society. They argue that the theory fails to take into account that making profits in a capitalist society is not the provision of future means of consumption, but rather profits for their own sake.

Read more about this topic:  Time Preference

Famous quotes containing the words social, anarchist and/or views:

    ... to most mortals there is a stupidity which is unendurable and a stupidity which is altogether acceptable—else, indeed, what would become of social bonds?
    George Eliot [Mary Ann (or Marian)

    The anarchist and the Christian have a common origin.
    Friedrich Nietzsche (1844–1900)

    Though your views are in straight antagonism to theirs, assume an identity of sentiment, assume that you are saying precisely that which all think, and in the flow of wit and love roll out your paradoxes in solid column, with not the infirmity of a doubt.
    Ralph Waldo Emerson (1803–1882)