 | Instead Of A Book, By A Man Too Busy To Write One — Part 02, Chapter 07 : Another Answer to Mr. BabcockBy Benjamin R. Tucker (1897) |
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| Instead Of A Book, By A Man Too Busy To Write One — Part 02, Chapter 07 : Another Answer to Mr. BabcockBy Benjamin R. Tucker (1897) |
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American Father of Individualist Anarchism
: An individualist Anarchist, Tucker was a person of intellect rather than of action, focusing on the development of his ideas and on the publication of books and journals, especially the journal Liberty: Not the Daughter but the Mother of Order... (From: Anarchy Archives.)
• "...Anarchism, which may be described as the doctrine that all the affairs of men should be managed by individuals or voluntary associations, and that the State should be abolished." (From: "State Socialism and Anarchism," by Benjamin R. Tu....)
• "It has ever been the tendency of power to add to itself, to enlarge its sphere, to encroach beyond the limits set for it..." (From: "State Socialism and Anarchism," by Benjamin R. Tu....)
• "The evil to which this [tariff] monopoly gives rise might more properly be called misusury than usury, because it compels labor to pay, not exactly for the use of capital, but rather for the misuse of capital." (From: "State Socialism and Anarchism," by Benjamin R. Tu....)
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Part 02, Chapter 07
Mr. Tucker:(59 ¶ 1)
In your issue of October 15, I notice a question by J. M. L. Babcock, and, although you have answered it, yet I beg to give my answer. The question is this:
Is a man who loans a plow entitled in equity to compensation for its use?My answer is,Yes.Now, then, what of it? Does that make something for nothing right? Let us see. We must take it for granted that the loaning of the plow was a good business transaction. Such being the case, the man who borrows the plow must give good security that he will return the plow and pay for what he wears out. He must have the wealth or the credit to make the owner of the plow whole in case he should break or lose the plow. Now, I claim that this man, having the wealth or credit to secure a borrowed plow, could transmute that same credit or security into money, without cost, and with the money buy a plow, were it not for a monopoly of money. For a monopoly of money implies a monopoly of everything that money will buy.(59 ¶ 2)If the people give to landholders, as a right, what they now give to bondholders as a special privilege—why, you might loan plows for a price, but the price would not include a money cost, as is inevitable under our present monetary system.(59 ¶ 3)
Let us remember that an individual transaction under a system of monopoly does not represent nor illustrate the truth as it would be under a natural or just system. Again, superficial ideas do not always harmonize with the central truth.(59 ¶ 4)
Briefly, but truly yours,
Apex.
From : fair-use.org
American Father of Individualist Anarchism
: An individualist Anarchist, Tucker was a person of intellect rather than of action, focusing on the development of his ideas and on the publication of books and journals, especially the journal Liberty: Not the Daughter but the Mother of Order... (From: Anarchy Archives.)
• "...Anarchism, which may be described as the doctrine that all the affairs of men should be managed by individuals or voluntary associations, and that the State should be abolished." (From: "State Socialism and Anarchism," by Benjamin R. Tu....)
• "But although, viewing the divine hierarchy as a contradiction of Anarchy, they do not believe in it, the Anarchists none the less firmly believe in the liberty to believe in it. Any denial of religious freedom they squarely oppose." (From: "State Socialism and Anarchism," by Benjamin R. Tu....)
• "The evil to which this [tariff] monopoly gives rise might more properly be called misusury than usury, because it compels labor to pay, not exactly for the use of capital, but rather for the misuse of capital." (From: "State Socialism and Anarchism," by Benjamin R. Tu....)
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Part 02, Chapter 07
