according to pbs, Thomas Jefferson Declaration of Independence We hold these truths to be self-evident: that all men are created equal; that they are endowed by their Creator with certain unalienable rights; that among these are life, liberty and the pursuit of happiness
Babylonian attitude towards propriety was led by The Code of Hamurabi, wich was a set of laws created in Mesopotamia, around the XVIII century BC, by King Hamurabi of the first Babylonian dynasty. The code was based on the Lex Talionis, which stated "an eye for an eye, a tooth for a tooth”. Although it may seem a little barbaric for nowadays standards, the code was actually very sophisticated at that time, and provided a set of measures regarding the guarantee of private property, recognizing many ways of disposing it, such as sale, lease, barter, gift, dedication.
India was an excellent trading spot. Many merchants from different countries came and traded with Britain, which in turn brought Britain more money.
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.
i dont know what the question is did you even put one.
