Does Free-Market Thinking Motivate Hierarchy?
Written by Blair Fix
Economic Development and the Death of the Free Market, Part 5
Although we do not commonly think of them this way, hierarchical relations involve altruism. In a hierarchical relation, one person submits to the will of another. By doing so, the subordinate suppresses their own self-interest, and instead does what their superior commands. This is a form of altruism (Fix, 2019b). The question that concerns us here is – how do societies motivate this submissive behavior?
Source: http://econintersect.com/pages/analysis/analysis.php?post=202106110315
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