Self Interest, Rightly Understood
With the publication this month of The Commercial Society – Foundations and Challenges in a Global Age, Samuel Gregg embarks on an exploration of the key foundational elements that must exist within a society for commercial order to take root and flourish. Guided by the thoughts of Alexis de Tocqueville, Gregg studies the challenges that have consistently impeded and occasionally undermined commercial order. This commentary, excerpted from the new book, explains why people who begin to exceed their “immediate needs and acquired responsibilities … begin to develop opportunities to be generous to others.”
Read the full commentary here.
Read the full commentary here.
Comments
#1 2007-01-06 20:56 (Reply)
Nicholas there is no difference the main problem with government is the fact that because everything is held and spent in common not one is responsible for the assets. We spent Billions on Katrina yet no one is responsible for the expenditure.