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Hello, I will explain some basics today.
Title: THE THREE PRINCIPLES OF INTERACTION - influenced by David D Friedman
Our topic is "The three principles of interaction"
There are the priciple of love, trade and force.
Now we can arrange them in two groups.
Love and trade are voluntary.
So we call them "voluntary interactions".
Force is involuntary.
So we call it "involuntary interactions".
Also we can arrange them in two other groups.
Love is an "unselfish interaction".
Trade and Force are "selfish interactions".
Okay, I will discribe the different kinds of interaction now.
The interaction of love.
The interaction of love is a voluntary and unselfish interaction.
For example: This video is created on the principle of love.
I do it voluntary and I do not expect any compensation.
Ehm, although I want you to rate the video and give your comments.
But we do not have any treaty.
You can watch it without rating and leaving me comments.
So this video matches to the principle of love.
The interaction of trade.
The interaction of trade is a voluntary interaction with compensation.
The compensation has to been given also voluntary without any force.
For example: I buy something.
I buy it to get it and I do it voluntary.
The seller does it voluntary, too. And he does it to get my money.
An other example: I work.
I work voluntary and I do it to get my wage.
The company does it voluntary and to get my manpower.
The interaction of force.
The interaction of force is an unvoluntary interaction.
If somebody is forced to do something or to give something away.
Examples are robbery, blackmail, theft and so on.
Well, this was the video.
I hope you enjoy it.
There will be made further videos in futur.
Good buy.