Defining Ordered Individualism - Part 1
The fundamental social phenomenon is the division of labor and its counterpart human cooperation. - Ludwig Von Mises, Human Action, p. 151 Who would ever expect to read such a beautiful statement within a 900+ page treatise on economics? But there it is, at the foundation of capitalism, private property, money, banking and interest rates, is human cooperation. Such a succinct yet meaningful definition of society, the division of labor facilitating human cooperation. That's it. As I read Human Action last year I was struck at how Biblical it sounded. It was like a study of anthropology in a systematic theology course. It wrestled with questions like, what are humans and how do they properly live out life? Then, I thought about the competing ideas of individualism and collectivism. In this one sentence you see the importance of individuals from the comment about the division of labor. You also see how no one person is an island to them...