ACTG 2010 Lecture 5: HOSMER - Chapter 3
12 Jul 2016
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Hobbes proposed that men and women were supposed to obey the law and it was up to the government authority to set the law. Even if they do not like the law, you have to accept them. If humans continue to look over their self-interests, the result will be chaos because: Equal ability: there is equality in ambition, therefore, there is a struggle for everyone to acquire material wealth and personal safety. Continual war: as individual struggles continue this leads to war. Depressed economy: if every man only looks out for themselves, there is a lack of security. Social contract: all laws should reflect what people living in a state of nature would accept as the governing rules of society. It is the way society should theoretically distribute all resources because it is the way that has been determined to be best for all when we are all equal in position and property.
