Volitional Science Lexicon
This section contains the basic definitions and postulates of Professor Andrew J. Galambos’ (1924-1997) Volitional Science.
“Precise definitions are essential for the development of any science. If you do not have precise definitions followed by specific postulates, you never can have a science.” – Andrew J. Galambos
Capital
Production of property in excess of consumption requirements and also used for further production.
Capitalism
Capitalism is that societal structure whose mechanism is capable of protecting all forms of property completely.
Contract
A voluntary agreement between two or more people who have property which they are desirous of exchanging the use and control thereof.
Corollary
A corollary is the restatement of information you already know into other words for a utilitarian reason.