,P>T #e1 ,*APT] #b 
,R5T 

#aihaih 

,PEOPLE 3 

,AU?OR 3 ,B5JAM9 ,R4 ,TUCK] 

,TEXT 3 

,R5T 

,EXC]PT$ FROM ! BOOK2  

 ,9DIVIDUAL ,LIB]TY3 ,SELECTIONS ,FROM ! ,WRIT+S ( ,B5JAM9 ,R4 ,TUCK]  

 ,VANGU>D ,PRESS1 ,NEW ,YORK1 #aibf  

 ,KRAUS ,REPR9T ,CO41 ,MILLWOOD1 ,N,Y1 #a#i#g#c4 

 0,$GEWOR?10 A FREQU5T CONTRIBUTOR TO ,LIB]TY1 HAD READ A C\PLE ( ,PR\DHON'S BOOKS1 TREAT+ ( ! R5T QUE/ION1 :I* ,MR4 ,TUCK] HAD RECOMM5D$ TO HIM1 & HE SEEM$ TO BE MUDDL$ AB\T ! 0FICTION ( ! PRODUCTIVITY ( CAPITAL10 & SOME O!R ?+S4 ,& SO ! $ITOR 5LI<T5$ HIM3  

,! TWO WORKS :I* ,I RECOMM5D$ TO ,$GEWOR? >E AMONG ,PR\DHON'S BE/2 BUT !Y >E V]Y F> FROM ALL ?AT HE HAS WRITT51 & IT IS V]Y NATURAL = ! READ] ( A V]Y SMALL PORTION ( HIS WRIT+S TO DRAW 9F]5CES :I* HE WILL F9D UNW>RANT$ :5 HE READS MORE4 ,?IS IS DUE PR9CIPALLY TO ,PR\DHON'S HABIT ( US+ WORDS 9 DIFF]5T S5SES AT DIFF]5T TIMES1 :I* ,I REG>D AS UN=TUNATE4 ,N[1 9 ! >TICLE :I* GAVE RISE TO ?IS DISCUSSION1 ,$GEWOR? 9F]R$ 7OR SEEM$ TO 9F]71 FROM ! FACT ?AT SOME ( ,PR\DHON'S TRANSITIONAL PROPOSALS ALL[$1 A %>E TO CAPITAL = A TIME1 ?AT HE CONTEMPLAT$ AS A P]MAN5T >RANGEM5T A DIVISION ( LABOR'S E>N+S BETWE5 LABOR & CAPITAL AS TWO DI/9CT ?+S4 ,LE/ ?IS MI<T MISLEAD1 ,I TOOK ! LIB]TY TO CORRECT IT1 & TO /ATE ?AT ,PR\DHON ?\<T LABOR ! ONLY LEGITIMATE TITLE TO WEAL?4 

,N[ COMES ,$GEWOR?1 & SAYS ?AT HE MEANT BY CAPITAL ONLY ! RESULT ( PREP>ATORY LABOR1 :I* IS AS MU* 5TITL$ TO REW>D AS ANY O!R4 ,V]Y GOOD1 SAY ,I2 NO ONE D5IES ?AT4 ,BUT ?IS IS NOT :AT IS ORD9>ILY MEANT BY ! 0PRODUCTIVITY ( CAPITAL02 & ,$GEWOR?1 BY HIS [N RULE1 IS B\ND TO USE WORDS 9 !IR USUAL S5SE4 ,! USUAL S5SE ( ?IS PHRASE1 & ! S5SE 9 :I* ! ECONOMI/S USE IT1 IS ?AT CAPITAL HAS SU* AN 9DEP5D5T %>E 9 ALL PRODUCTION ?AT ! [N] ( IT MAY RI<TFULLY F>M \T ! PRIVILEGE ( US+ IT1 RECEIVE A /EADY 9COME FROM IT1 HAVE IT RE/OR$ TO HIM  
9TACT AT ! EXPIRATION ( ! LEASE1 F>M IT \T AGA9 TO SOMEBODY ELSE1 & GO ON 9 ?IS WAY1 HE & HIS HEIRS =EV]1 LIV+ 9 A P]MAN5T /ATE ( IDL5ESS & LUXURY SIMPLY FROM HAV+ P]=M$ A C]TA9 AM\NT ( 0PREP>ATORY LABOR40 ,?AT IS :AT ,PR\DHON D5\NC$ AS 0! FICTION ( ! PRODUCTIVITY ( CAPITAL02 & ,$GEWOR?1 9 9T]PRET+ ! PHRASE O!RWISE1 GIVES IT A V]Y UNUSUAL S5SE1 9 VIOLATION ( HIS [N RULE4 

,MOREOV]1 :AT ,$GEWOR? GOES ON TO SAY AB\T ! PROPORTIONAL PR(ITS ( L&LORD & T5ANT 9DICATES ?AT HE HAS V]Y LOOSE IDEAS AB\T ! PROP] REW>D ( LABOR1 :E!R PRES5T OR PREP>ATORY4 ,! SCI5TIFIC REW>D 7& UND] ABSOLUTELY FREE COMPETITION ! ACTUAL REW>D IS1 9 ! LONG RUN1 ALMO/ ID5TICAL ) IT7 ( LABOR IS ! PRODUCT ( AN EQUAL AM\NT ( EQUALLY >DU\S LABOR4 ,! PRODUCT ( AN H\R ( ,$GEWOR?'S LABOR 9 PREP>+ A FIELD = COTTON CULTURE1 & ! PRODUCT ( AN H\R ( HIS T5ANT'S LABOR 9 S[+ & H>VE/+ ! CROP1 \<T EA* TO EX*ANGE = ! PRODUCT ( AN H\R'S LABOR ( !IR NEI<BOR ! %OEMAK]1 OR !IR NEI<BOR ! TAILOR1 OR !IR NEI<BOR ! GR[]1 OR !IR NEI<BOR ! DOCTOR1 PROVID$ ! LABOR ( ALL !SE P>TIES IS EQUALLY EXHAU/+ & IMPLIES EQUAL AM\NTS ( ACQUIR$1 SKILL & EQUAL \TLAYS = TOOLS & FACILITIES4 ,N[1 SUPPOS+ ! CASES ( ,$GEWOR? & HIS T5ANT TO BE REPRES5TATIVE & NOT ISOLAT$2 & SUPPOS+ !M TO PRODUCE1 NOT = !IR [N CONSUMPTION1 BUT = ! PURPOSE ( SALE1 :I* IS ! PURPOSE ( PRACTICALLY ALL PRODUCTION1 IT !N MAKES NO DIFF]5CE TO EI!R ( !M :E!R !IR H\R'S LABOR YIELDS FIVE P\NDS ( COTTON OR FIFTE54 ,9 ! ONE CASE !Y CAN GET NO MORE %OES OR CLO!S OR GROC]IES OR M$ICAL S]VICES = ! FIFTE5 P\NDS ?AN !Y CAN 9 ! O!R = ! FIVE4 ,! GREAT BODY ( L&LORDS & T5ANTS1 LIKE ! GREAT BODY ( PRODUC]S 9 ANY O!R 9DU/RY1 DOES NOT PR(IT BY AN 9CREAS$ PRODUCTIVITY 9 ITS SPECIAL FIELD ( WORK1 EXCEPT TO ! EXT5T ?AT IT CONSUMES OR REPUR*ASES ITS [N PRODUCT4 ,! PR(IT ( ?IS 9CREASE GOES TO ! PEOPLE AT L>GE1 ! CONSUM]S4 ,SO IT IS NOT TRUE 7ASSUM+ ALWAYS A REGIME ( FREE COMPETITION7 ?AT ,$GEWOR?'S T5ANT 0PR(ITS ?REE TIMES AS MU*0 AS ,$GEWOR? BECAUSE ( ! LATT]'S PREP>ATORY LABORS4 ,NEI!R ( !M PR(IT !REBY1 BUT EA* GETS AN H\R ( SOME O!R MAN'S LABOR = AN H\R ( HIS [N4 

,SO MU* = ! REW>D ( LABOR 9 G5]AL4 ,N[ TO GET BACK TO ! QUE/ION ( R5T4 

,IF ,$GEWOR? P]=MS PREP>ATORY LABOR ON A COTTON FIELD1 ! RESULT ( :I* W\LD REMA9 9TACT IF ! FIELD LAY IDLE1 & ?AT RESULT IS DAMAG$ BY A T5ANT1 ! T5ANT \<T TO PAY HIM = IT ON ! BASIS ( REW>D ABOVE DEF9$4 ,?IS DOES NOT BR+ A RI<T ( [N]%IP TO ! T5ANT1 TO BE SURE1 = ! PROP]TY HAS BE5 DE/ROY$ & CANNOT BE PUR*AS$4 ,BUT ! TRANSACTION1 NEV]!LESS1 IS 9 ! NATURE ( A SALE4 & NOT A PAYM5T = A LOAN4 ,EV]Y SALE IS AN EX*ANGE ( LABOR1 & ! T5ANT SIMPLY PAYS MONEY REPRES5T+ HIS [N LABOR = ! RESULT ( ,$GEWOR?'S LABOR :I* HE 7! T5ANT7 HAS DE/ROY$ 9 APPROPRIAT+ IT TO HIS [N USE4 ,IF ! T5ANT DOES NOT DAMAGE ! RESULT ( ,$GEWOR?'S PREP>ATORY LABOR1 !N1 AS ,$GEWOR? ADMITS1 :ATEV] MONEY ! T5ANT PAYS JU/LY 5TITLES HIM TO ?AT AM\NT ( [N]%IP 9 ! COTTON FIELD4 ,N[1 ?IS MONEY1 PAID OV] & ABOVE ALL DAMAGE1 IF IT DOES NOT BR+ EQUIVAL5T [N]%IP1 IS PAYM5T = USE1 USURY1 &1 9 MY T]M9OLOGY1 R5T4 ,IF ,$GEWOR? PREF]S TO USE ! WORD R5T TO SIGNIFY ALL MONEY PAID TO L&LORDS AS SU* BY T5ANTS AS SU* = :ATEV] REASON1 ,I %ALL ?9K HIS USE ( ! WORD 9ACCURATE2 BUT ,I %ALL NOT QU>REL ) HIM1 & %ALL ONLY PROTE/ :5 HE 9T]PRETS O!R M5'S ?\<T BY HIS [N DEF9ITIONS1 AS HE SEEM$ TO ME TO HAVE DONE 9 ,PR\DHON'S CASE4 ,IF HE WILL BE SIMIL>LY PEACEFUL T[>DS ME 9 MY USE ( ! WORD1 !RE WILL BE NO LOGOMA*Y4 

,! DIFF]5CE BETWE5 US IS JU/ ?IS4 ,$GEWOR? SAYS ?AT FROM T5ANT TO L&LORD !RE IS PAYM5T = DAMAGE1 & ?IS IS JU/ R5T2 & !RE IS PAYM5T = USE1 & ?AT IS UNJU/ R5T4 ,I SAY !RE IS PAYM5T = DAMAGE1 & ?IS IS 9DEMNIFICATION OR SALE1 & IS JU/2 & !RE IS PAYM5T = USE1 & ?AT IS R5T1 & IS UNJU/4 ,MY USE ( ! WORD IS 9 ACCORDANCE ) ! DICTION>Y1 & IS MORE DEF9ITE & DISCRIM9AT+ ?AN ! O!R2 MOREOV]1 ,I F9D IT MORE EFFECTIVE 9 >GUM5T4 ,MANY A TIME HAS SOME SMALL PROPRIETOR1 TR\BL$ ) QUALMS ( CONSCI5CE & ANXI\S TO JU/IFY ! S\RCE ( HIS 9COME1 EXCLAIM$1 ON LE>N+ ?AT ,I BELIEVE 9 PAYM5T = WE> & TE>3 0,OH6 WELL1 Y\ BELIEVE 9 R5T1 AFT] ALL2 IT'S ONLY A QUE/ION ( H[ MU* R5T20 AFT] :I* HE W\LD SETTLE BACK1 SATISFI$4 ,I HAVE ALWAYS F\ND ?AT ! ONLY WAY TO GIVE SU* A MAN'S CONSCI5CE A *ANCE TO GET A HOLD UPON HIS ?\<T & CONDUCT WAS TO 9SI/ ON ! N>R[] USE ( ! WORD R5T4 ,IT CALLS ! ATT5TION MU* MORE VIVIDLY TO ! DI/9CTION BETWE5 JU/ICE & 9JU/ICE4 

 ,MORE FROM 0,$GEWOR?0 AB\T 0UNE>N$ 9CREM5T10 0JUDGM5T & SKILL10 0EMPLOY] ! APPRAIS] ( WORK10 ETC4 ,!N A FEW MORE REM>KS FROM ,MR4 ,TUCK]3  

,?IS SMACKS ( ,H5RY ,GEORGE4 ,IF ! MUNICIPALITY IS AN ORGANIZATION TO :I* EV]Y P]SON RESID+ )9 A GIV5 T]RITORY MU/ BELONG & PAY TRIBUTE1 IT IS NOT A BIT MORE DEF5SIBLE ?AN ! ,/ATE ITSELF1 - 9 FACT1 IS NO?+ BUT A SMALL ,/ATE2 & TO VE/ 9 IT A TITLE TO ANY P>T ( ! VALUE ( REAL E/ATE IS SIMPLY L& NATIONALIZATION ON A SMALL SCALE1 :I* NO ,AN>*I/ CAN LOOK UPON ) FAVOR4 ,IF ! MUNICIPALITY IS A VOLUNT>Y ORGANIZATION1 IT CAN HAVE NO TITLES EXCEPT :AT IT GETS FROM ! 9DIVIDUALS COMPOS+ IT4 ,IF !Y *OOSE TO TRANSF] !IR 0UNE>N$ 9CREM5TS0 TO ! MUNICIPALITY1 WELL & GOOD2 BUT ANY 9DIVIDUAL NOT *OOS+ TO DO SO \<T TO BE ABLE TO HOLD HIS 0UNE>N$ 9CREM5T0 AGA9/ ! WORLD4 ,IF1 IT IS UNE>N$1 C]TA9LY HIS NEI<BORS DID NOT E>N IT4 ,! ADV5T ( ,LIB]TY WILL R$UCE ALL UNE>N$ 9CREM5TS TO A H>MLESS M9IMUM4 

,I HAVE NEV] MA9TA9$ ?AT JUDGM5T & SKILL >E LESS IMPORTANT ?AN LABOR2 ,I HAVE ONLY MA9TA9$ ?AT NEI!R JUDGM5T NOR SKILL CAN BE *>G$ = 9 EQUITY EXCEPT SO F> AS !Y HAVE BE5 ACQUIR$4 ,EV5 !N ! PAYM5T IS NOT = ! JUDGM5T OR SKILL1 BUT = ! LABOR ( ACQUIR+2 &1 9 E/IMAT+ ! PRICE1 ONE H\R ( LABOR 9 ACQUIR+ JUDGM5T IS TO BE CONSID]$ EQUAL1 - NOT1 AS N[1 TO ONE DAY1 OR WEEK1 OR P]HAPS YE> ( MANUAL TOIL1 - BUT TO ONE H\R ( MANUAL TOIL4 ,! CLAIM = JUDGM5T & SKILL IS USUALLY A M]E PRETEXT MADE TO DECEIVE ! PEOPLE 9TO PAY+ EXORBITANT PRICES1 & WILL NOT BE> ANALYSIS = A MOM5T4 

,ON ! CONTR>Y1 ! EMPLOYEE1 ! ONE :O DOES ! WORK1 IS NATURALLY & E?ICALLY ! APPRAIS] ( WORK1 & ALL ?AT ! EMPLOY] HAS TO SAY IS :E!R HE WILL PAY ! PRICE OR NOT4 ,9TO HIS ANSW] 5T]S ! E/IMATE ( ! VALUE ( ! RESULT4 ,UND] ! PRES5T SY/EM HE (F]S LESS ?AN CO/1 & ! EMPLOYEE IS =C$ TO ACCEPT4 ,BUT ,LIB]TY & COMPETITION WILL CREATE SU* AN 5ORM\S M>KET = LABOR ?AT NO WORKMAN WILL BE =C$ BY HIS 9COMPET5CY TO WORK = LESS ?AN CO/1 AS HE WILL ALWAYS BE 9 A POSITION TO RESORT TO SOME SIMPL] WORK = :I* HE IS COMPET5T & CAN OBTA9 ADEQUATE PAY4 

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