Those who do not use power in a socially responsible way will eventually lose it
The Iron Law of Responsibility states that in the long run, those who do not use power in a manner that society considers responsible will tend to lose it. It emphasizes the importance of ethical decision-making and social responsibility in business practices. This concept highlights that businesses must consider the impact of their actions on society to maintain their legitimacy and influence.
the business has to invest genuine investments that society expects from the entripse
basically, it means that any perosn who doesn't use power they have responsibly....they lose it.
David Ricardo's theory called the Iron Law of Wages came to be called the Theory of Efficiency of Wages. The Iron Law of Wages says that the worker is going to be paid the minimum wage needed to survive.
You are assuming that there is a law that says that a 17 year old can move out. There isn't such a law. Until you reach the age of majority in your state, you are the responsibility of your parents.
Yes morally most would agree and the law says you do, death by a handgun you own due to negligence (carelessness, etc) is a crime
obeying the law
Right click it, or hover your mouse over it. If it says, "iron", its iron.
Following the law is a responsibility. A "right" is something that has been given to you, either by a government or by nature. A "responsibility" is something you're required to, or at least should, do.
The law that requires individuals to maintain financial responsibility when driving is known as the Financial Responsibility Law. This law ensures that drivers have the means to cover costs associated with accidents or damages they cause while operating a motor vehicle. Failure to comply with this law can result in fines, license suspension, or other penalties.
obeying the law
Ohm's law says the opposite.