Mises Wire

Exchange Within Society

Exchange Within Society
  1. Autistic Exchange and Interpersonal Exchange
  2. Contractual Bonds and Hegemonic Bonds
  1. Calculative Action

Action always is essentially the exchange of one state of affairs for another state of affairs. If the action is performed by an individual without any reference to cooperation with other individuals, we may call it autistic exchange. An instance: the isolated hunter who kills an animal for his own consumption; he exchanges leisure and a cartridge for food.

Within society cooperation substitutes interpersonal or social exchange for autistic exchanges. Man gives to other men in order to receive from them. Mutuality emerges. Man serves in order to be served. FULL ARTICLE

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