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:

    “I complacently accepted the social order in which I was brought up. I probably would have continued in my complacency if the happy necessity of self-support had not fallen to my lot; if self-support had not deepened and widened my contacts and my experience.”
    —Mary Barnett Gilson (1877–?)

    “I am an anarchist in politics and an impressionist in art as well as a symbolist in literature. Not that I understand what these terms mean, but I take them to be all merely synonyms of pessimist.”
    —Henry Brooks Adams (1838–1918)

    “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)