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.

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Famous quotes containing the words social, anarchist and/or views:

    Anarchism is the only philosophy which brings man the consciousness of himself; which maintains that God, the State, and society are non-existent, that their promises are null and void, since they can be fulfilled only through man’s subordination.... The individual is the heart of society, conserving the essence of social life; society is the lungs which are distributing the element to keep the life essence—that, is, the individual—pure and strong.
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