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Legalism is a Chinese political philosophy that holds that self-interest underlies human nature and therefore human behavior. [1] It is axiomatic in Legalism that a government can not truly be staffed by upright and trustworthy men of service, because every member of the elite—like any member of society—will pursue their own interests and thus must be employed for their interests. [2]
In contrast to enlightened self-interest is simple greed, or the concept of "unenlightened self-interest", in which it is argued that when most or all persons act according to their own myopic selfishness, the group suffers loss as a result of conflict, decreased efficiency and productivity because of lack of cooperation, and the increased expense each individual pays for the protection of ...
Individualism is the moral stance, political philosophy, ideology, and social outlook that emphasizes the intrinsic worth of the individual. [1] [2] Individualists promote realizing one's goals and desires, valuing independence and self-reliance, and advocating that the interests of the individual should gain precedence over the state or a social group, while opposing external interference ...
To him, the meaning of individual self-interest is a combination of economic and psychological needs. [ 13 ] [ page needed ] Fulfilling self-interest is often common within the economic realm of the social exchange theory where competition and greed can be common. [ 14 ]
When placed into the field of sociology, atomism assigns the individual as the basic unit of analysis for all implications of social life. [1] This theory refers to "the tendency for society to be made up of a collection of self-interested and largely self-sufficient individuals, operating as separate atoms."
These rights vary from culture to culture, and by very definition, from person to person, and appear mainly in individualist societies. In considering the self, the most intimate legal relation would be what is codified as 'sui juris', or what laws have a purposed place so far as they are derived of the self. In such cultures, it is generally ...
For example, a five-year loan of $1,000 with simple interest of 5 percent per year would require $1,250 over the life of the loan ($1,000 principal and $250 in interest).
Sociology is the scientific study of human society that focuses on society, human social behavior, patterns of social relationships, social interaction, and aspects of culture associated with everyday life.