Word: self-interest
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...main goal, Marglin said, is to put “criticism on the assumptions of economics” into the discussion. Through a broader set of readings, his proposal aimed to challenge the roles of self-interest and individualism in our lives...
...vital role” the U.N. will play in postwar Iraq will be limited to the distribution of food, aid and medicine. Leaving the U.N. out of the loop could have disastrous consequences for the future of the international community. While admittedly France and Russia have their own economic self-interest in mind concerning postwar Iraq, the same arguments can be hurled against the U.S., whose corporations stand to profit considerably from postwar oil production—not to mention the strategic interest the U.S. stands to gain in prying open the door to OPEC. It is at times like...
Nations like France ought to be ashamed for putting their short-term self-interest in front of long-term global interests. One might even expect such stubbornness from Western nations with shorter track records of democracy and alliance—but not from France, whose modern history has been closely intertwined with that of the United States. Unfortunately, France may be looking out for its supplies of oil from Iraq. With a global turndown still underway, France is trying to avoid the inflationary pressures and production slow-down a war—or the serious threat of war?...
...often glosses over the assumptions on which the model is founded. No economist will debate the fact that mainstream economics is based on a set of core assumptions, such as the belief that you are always better off with more and that people always work in their rational self-interest. Yet Ec 10 does not ask students to engage these beliefs critically. Marglin’s course would encourage students to examine these assumptions as a part of their introduction to the field...
Pollsters suggest voters are seeing a connection between the first and second reasons for attacking Iraq--a connection related to self-interest: if Saddam can do terrible things to his own citizens, then he is capable of anything, which is all the more reason he is a threat to the U.S. Republican pollster David Winston describes what he hears from focus-group members in these terms: "He's an evil guy who's going to do bad things, and we know...