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Home | Mises Library | Action, Coordination, and Exchange: Voluntary Response to Stimuli in Profit-Seeking Endeavors

Action, Coordination, and Exchange: Voluntary Response to Stimuli in Profit-Seeking Endeavors

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Tags EntrepreneurshipPolitical TheoryValue and Exchange

08/03/2009Justin M. Ptak

It is vitally important to view action as purposeful behavior as this view leads to the exposure of fundamental elements of social cooperation governing all of human existence. The role of the individual in society, the importance of private property, peaceful and secure coexistence, and the search for maximum capacity all extend from the moment of action. Our current political organization impedes the path toward perfect execution of our innate capacity, ability, and potentiality as well as lessens the impact of the actuality and intensity of achievement and progress. The key to civilization is found in the golden rule combined with the modern coordination of market catallactics. Human history has been defined by the search of self-sufficiency with good graces, nobility, and dignity and the sufferable escape from immutable corruption, fickle hubris, hateful tyranny, and base majority rule.

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