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:
“Caprice, independence and rebellion, which are opposed to the social order, are essential to the good health of an ethnic group. We shall measure the good health of this group by the number of its delinquents. Nothing is more immobilizing than the spirit of deference.”
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