Evaluating how a free market economy views human agency and free will, it is then seen that human beings in this kind of set-up are interpreted as rational human beings with the same capacities, abilities, and resources for competition in an invisible hand economy. Rather than the government, the majority of decisions on economic activities and transactions are then assumed by individual key players in the market (http://en.wikipedia.org/wiki/Free_market).
Comparison of Marxism and Free Market Capitalism and their views on Free Will or Human Agency
The Marxist conception of free will and human agency initially looks at human beings as alienated people because of capitalism. Their existence, identities, and consequent opportunities are then dependent on the social classes they are in. From this point, it can be said that Marx does not ascribe too much on the role of human beings to act out of their own accord. Yet in the end, it must be remembered that in order to topple down the capitalist system, a social revolution must first take place. It is in this revolution where we can how Marx gave importance to human agency- human agency that lies on the unity of a group, the proletariat class.
On the other hand, free market capitalism begins with the assumption that human beings are all given the capacity to be rational. With the ability to assess costs and benefits, human beings are then apt to compete in a free market set-up where the government is left at the sidelines. This can be very tempting to believe at first. Yet in application, the free market capitalism fails to look the fact that their players are not really equal, primarily because of varying economic capacities. It should be noted that the economic set-up was not created to be fair in the first place. This is the reason why small-scale businesses do not really prosper that much compared to giant businesses and monopolies. The concept of human agency in free market capitalism is very ideal yet in practice the abilities of human beings for development...
Agency's Law Ethics Hiring a Diverse Workforce Laws Affecting the Agency The first law of robots: robots should not injure or cause harm to human beings or even allow human beings to experience harm. The second law: robots should respect orders given to them by all human beings with an exception of where the orders are conflicting with the law. The third law: all robots must provide protection to their own existence.
Free Speech vs. Security Freedom of Speech and Homeland Security They who can give up essential liberty to obtain a little temporary safety deserve neither liberty nor safety. Benjamin Franklin, 1775 Freedom of speech is one of the essential cornerstones of democratic societies. Absent the right to free speech, democracy cannot function -- one might even say there is no democracy without freedom of speech. While most citizens and members of the governing body
Agency Theory and Executive Compensation An Analysis of Agency Theory and Aligning Executive Stock Options with Corporate Objectives According to Jensen and Meckling (1976), any medium- or large-sized firm today is not directly managed by its owners (the shareholders) but rather by "hired hands" that is, professional managers. Presumably, these professionals are capable and diligent agents of the owners, but these professionals' interests are not always the same as the shareholders' interests.
Free Wireless Networks Since the construction of the information Superhighway, its' use to distribute information has become phenomenal. Information gathering and dissemination is the most valuable asset for a business to succeed. Demands for more and more efficient means of connecting to the Internet have driven exponential technological advances. So much so that the craze to connect has gone wireless and with this technology an entirely new set of issues, concerns
Both types of freedom have their limitations and their benefits; agency requires action and involvement, whereas consumption requires dependence, but on the whole I much prefer the old type of freedom, where we truly were masters of our own stuff. The satisfaction of building a piece of furniture or growing edible vegetables cannot be matched by the most magnificently manufactured and expensive couch or the most gourmet meal imaginable --
Free-Range Kids Skenazy introduces to the reader a (supposedly) profound "new" way of raising children in the United States, which is the Free-Range way. Her point-of-view stems from the new parenthood phenomenon of sheltering children to the point of exhaustion: no longer do children walk or bike to school, play in the park with friends, go to the grocery store alone or sleepover at a friend's house. Skenazy suggests that because
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