Markets & Emergence of “Just” Social Order

Seeking to fulfill one’s own life purpose, guided by purposive self interest, leads to an imperative to cooperate with other individuals that are carrying on in much the same manner.

In turn, this leads us, each & all, to seek out & engage in market exchanges that are an instrument of individual empowerment that tend to lead to a “just” social order given that these outcomes (transfers) emerge out of voluntary consent.

Alas, most social scientists focus on collectivist views that model a forest while failing to grasp the importance of nurturing the (individual) trees.

As such, it is naive & misleading to speak of markets as involving atomistic individuals when markets are the outcome of humans acting to seek cooperative arrangements with other humans.

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About christopher

Content of "Natural Order" attempts to reflect the commitment of Universidad Francisco Marroquin to support the development of a society of free & responsible individuals. The principal commentator for this blog is Christopher Lingle.

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