"But egoism is more than this. It is the realization by the individual that he is above all institutions and all formulas; that they exist only so far as he chooses to make them his own by accepting them"

This quote speaks to the concept of egoism, which is the belief that a person's own interests need to be the main focus of one's actions. Robinson recommends that egoism is more than simply self-interest, however rather an awareness that the person is above all institutions and formulas. This implies that the individual is not bound by any external guidelines or guidelines, however rather has the power to pick which guidelines and policies to accept and make their own. This concept of egoism is empowering, as it provides the private the flexibility to make their own choices and to pick which rules and regulations to follow. Ultimately, Robinson's quote suggests that the person has the power to shape their own fate and to make their own choices, rather than being bound by external forces.