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:

    If there is technological advance without social advance, there is, almost automatically, an increase in human misery, in impoverishment.
    Michael Harrington (1928–1989)

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

    Political correctness is the natural continuum from the party line. What we are seeing once again is a self-appointed group of vigilantes imposing their views on others. It is a heritage of communism, but they don’t seem to see this.
    Doris Lessing (b. 1919)