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:

    The primary imperative for women who intend to assume a meaningful and decisive role in today’s social change is to begin to perceive themselves as having an identity and personal integrity that has as strong a claim for being preserved intact as that of any other individual or group.
    Margaret Adams (b. 1916)

    Lady Dynamite, let’s dance quickly,
    Let’s dance and sing and dynamite everything!
    —French anarchist song of the 1880s.

    The word “conservative” is used by the BBC as a portmanteau word of abuse for anyone whose views differ from the insufferable, smug, sanctimonious, naive, guilt-ridden, wet, pink orthodoxy of that sunset home of the third-rate minds of that third-rate decade, the nineteen-sixties.
    Norman Tebbit (b. 1931)