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:

    A man is a beggar who only lives to the useful, and, however he may serve as a pin or rivet in the social machine, cannot be said to have arrived at self-possession.
    Ralph Waldo Emerson (1803–1882)

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

    But of all the views of this law [universal education] none is more important, none more legitimate, than that of rendering the people the safe, as they are the ultimate, guardians of their own liberty.
    Thomas Jefferson (1743–1826)