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 rebel, unlike the revolutionary, does not attempt to undermine the social order as a whole. The rebel attacks the tyrant; the revolutionary attacks tyranny. I grant that there are rebels who regard all governments as tyrannical; nonetheless, it is abuses that they condemn, not power itself. Revolutionaries, on the other hand, are convinced that the evil does not lie in the excesses of the constituted order but in order itself. The difference, it seems to me, is considerable.”
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“Your views are now my own.”
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In conversation, after having taken a strong position in an argument and heard a complete refutation of his position.