There are many theories to power, be they liberal, socialist or otherwise. Many have been developed over centuries of thought, which pick apart the very nature of our society and world order. But of all the theories that I’ve come across, one sticks out more than any other, and it is the reason I hold such strong free-market/anti-state views. It’s called Public Choice theory, but don’t ask me why, because it seems to explain why any one but ’the public’ makes choices today.
Public Choice theory is modern, having only really taken off during the 1960’s, but I believe it grants a very realistic and worrying view of Britain’s power structure, and exposes many very deep scars which socialism and Keynesianism unintentionally inflicted on our country. It was heavily developed by the US economist James Buchanan, who won the 1986 Nobel Memorial Prize for his work, and who advised Margaret Thatcher through the Institute for Economic Affairs during the late 1970′s.
Just like capitalism, Public Choice theory is based on two simple assumptions about human nature. Firstly, that humans are principally self-interested. That’s not to say we’re selfish, which is somewhat more immoral, but rather that we will always aim to fulfil our wants and desires, economic or otherwise. Secondly, that humans are rational; when presented with a series of options, we will select whichever makes us the most happy for the least cost. Rational Choice theory, as it is called, has come under substantial intellectual attack in the past, and I don’t personally believe that all humans act completely rationally all the time, but as a model for human behaviour, I’d say it provides a pretty good analysis.
The man who organized Roman law into an orderly body of rules was Emperor Justinian. This became known as Justinian's Code. This code served as the legal basis for several different elements of the Byzantine society including marriage, slavery, property, and women's rights. This code was world famous, as it lasted roughly 9 centuries and it became a foundation for several other empires/countries in developing their own legal codes.
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Asian Perspective presents critical analysis of the global, regional, and transnational issues affecting Northeast Asia. The journal brings cogent, thought-provoking examination of the significant developments in Asia and the world and promotes a healthy exchange of ideas among scholars, students, and policymakers.
Hello there Mr.Gamermatt1
Your answer is False beccasue a persons value system is based on how much they are worth and its kind of true but its false
Pls mark brainliest if i helped
