Saturday, July 28, 2018

In A Free Society All Relationships Are Based On Consent


Contracts

"In a free society, the "rights" of any group are derived from the rights of its members through their voluntary, individual choice and contractual agreement, and are merely the application of these individual rights to a specific undertaking. Every legitimate group undertaking is based on the participants' right of free association and free trade. (By "legitimate," I mean: noncriminal and freely formed, that is, a group which no one was forced to join.)

For instance, the right of an industrial concern to engage in business is derived from the right of its owners to invest their money in a productive venture - from their right to hire employees - from the right of the employees to sell their services - from the right of all those involved to produce and to sell their products - from the right of the customers to buy (or not to buy) those products. Every link of this complex chain of contractual relationships rests on individual rights, individual choices, individual agreements. Every agreement is delimited, specified and subject to certain conditions, that is, dependent upon a mutual trade to mutual benefit."

~ Found at Ayn Rand Lexicon - Contracts