Theory of Capitalism
Theory of Capitalism
Theory of Capitalism
Capitalism
Hobbes continued
Hobbes continued
The only way to erect such a common power
(is) to appoint one man, or assembly of
men, to bear their person; and therein to
submit their wills, every one to his will, and
their judgements to his judgement. This is
the generation of that great LEVIATHAN, or
rather, to speak more reverently, of that
mortal god to which we owe, under the
immortal God, our peace and defence. For
by this authority, given him by every
particular man in the Commonwealth, he
hath the use of so much power and strength
conferred on him that, by terror thereof, he
is enabled to form the wills of them all.
F. A. Hayek:
The curious task of economics is to
demonstrate to men how little they
really know about what they imagine
they can design.
John Rawls