Society

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Society are people in general thought of as living together in organized communities with shared laws, traditions, and values.[1]

Definitions

According to Mises, society is a system of peaceful and purposeful collaboration in the division of labor and the interchange of goods and services for mutual advantage. A joint action of cooperation in which each participant sees the satisfaction of other participants as a means for the attainment of his own satisfaction. A human society requires the services of a government for the suppression of all antisocial actions.[2]

References

  1. "Society", Merriam-Webster Dictionary. Referenced 2014-08-23.
  2. Percy L. Greaves, Jr. "Mises Made Easier ", 1974. Referenced 2014-08-23.

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