Private enterprisers seldom recognized that knowledge and ideas are a form of property. Andrew J. Galambos rectifies this with his Theory of Primary Property. By providing the highest of rewards for intellectual accomplishment, Galambos designs a society in which everyone receives what is due them, not just freedom, but an even higher concept, Justice.
Andrew Galambos created a structure driven by intellectual accomplishment instead of tangible wealth. This is a capitalism which has never before existed, one in which intellectuals such as Archimedes, Newton, Paine and Einstein determine the course of civilization, not politicians, not money-grubbers.
In V-50T, The Basic Course in Volitional Science... (The ‘T’ denotes an audio-taped presentation.) Galambos presents the initial definitions and postulates for the Theory of Volition. For the first time in history, absolute and precise definitions are provided for Property, Morality, Truth, Crime and Rightness among myriad other important and necessary concepts. Combining these with observationally corroborable postulates regarding the behavior of people, Galambos designs a societal structure capable of providing a future that is, in the words of Suzanne J. Galambos, “stable in structure, rich in opportunity, and exciting in challenge.”
One of the critically important concepts in true, total capitalism as taught by Andrew J. Galambos, is that of Gratitude. This should take the form of both monetary compensation, and more significantly, public acknowledgment of the values one has received from others, particularly when those values consist of intellectual works.
Andrew J. Galambos' Biographical Information
Andrew J. Galambos was an astrophysicist by education, the son of a Hungarian immigrant. He was the creator of the Science of Volition, founder of the Free Enterprise Institute and the Liberal Institute of Natual Science and Technology.
In 1952, Andrew J. Galambos changed his name to Joseph A. Galambos in order to honor the memory of his late father, Joseph B. Galambos, whose influence, more than any other, inspired the younger Galambos' achievements. He retained this name until 1964, when, realizing that he actually might be obscuring his father's place in history, he changed his name back to Andrew J. Galambos.
Professor Galambos earned degrees in physics from the College of the City of New York and the University of Minnesota. Professor Galambos has taught physics at New York University, Brooklyn College, Steven Institute of Technology, the university of Minnesota, Carleton College, and Whittier College. He is founder of the Liberal Institute of Technology in Los Angeles, California.
In 1961, Galambos founded the Free Enterprise Institute (FEI), the name of his school. In the late 1960s and early 1970s, Galambos gave a series of courses, or lectures in the Orange County/Los Angeles area. V-50 was the introductory course and was required if you wanted to proceed further into other courses. "V" stands for volition--the act of choosing. Once a person completed the V-50, he was able to sign up for further studies.
His definitions and concepts of property were the foundation of his science. Galambos would introduce several authors and books for his followers to read. Among them were: Frederic Bastiat's The Law, Henry Hazlitt's Economics in One Lesson, and Ludwig von Mises' Planned Chaos. He was a great fan of Thomas Paine and promoted the idea, which several scholars and historians also hold, that Paine was the actual author of the Declaration of Independence.
It was Galambos' belief that while he saw mankind achieving huge technological advancement, as a society, we were barely out of the cave. His belief was that if we could develop a society based on natural laws such as we have in physics, we could then mature culturally and as a social species.