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:
“The one prudence in life is concentration; the one evil is dissipation: and it makes no difference whether our dissipations are coarse or fine; property and its cares, friends and a social habit, or politics, or music, or feasting. Everything is good which takes away one plaything and delusion more, and drives us home to add one stroke of faithful work.”
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