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:

    Children, then, acquire social skills not so much from adults as from their interactions with one another. They are likely to discover through trial and error which strategies work and which do not, and later to reflect consciously on what they have learned.
    Zick Rubin (20th century)

    I am an anarchist in politics and an impressionist in art as well as a symbolist in literature. Not that I understand what these terms mean, but I take them to be all merely synonyms of pessimist.
    Henry Brooks Adams (1838–1918)

    Political correctness is the natural continuum from the party line. What we are seeing once again is a self-appointed group of vigilantes imposing their views on others. It is a heritage of communism, but they don’t seem to see this.
    Doris Lessing (b. 1919)