Browsing By Tag "cost principle"
Capital, Profits and Interest Excerpted from the book; Individual Liberty Selections From the Writings of Benjamin R. Tucker Vanguard Press, New York, 1926 Kraus Reprint Co., Millwood, NY, 1973. In the study of the economic question, the first thing that must engage our attention is why the worker fails to get all of the product of his labor. Volumes have been written by economists of various schools in discussion of the problem, most of them muddling about in the mire of their own misconceptions. But the editor of Liberty went straight to the heart of the matter and quickly found the answer: Somebody gets the surplus wealth that labor produces and does not consume. Who is the Somebody? Such is the problem recently posited in the editorial columns of the New York Truth. Substantially the same question has been asked a great many times before, but,...
The Position of William. [From Ruskin’s Letters to British Workmen.] What you call wages, practically, is the quantity of food which the possessor of the land gives you to work for him. There is, finally, no capital but that. If all the money of all the capitalists in the whole world were destroyed — the notes and bills burnt, the gold irrecoverably buried, and all the machines and apparatus of manufacture crushed, by a mistake in signals, in one catastrophe — and nothing remained but the land, with its animals and vegetables, and buildings for shelter — the poorer population would be very little worse off than they are at this instant; and their labor, instead of being limited by the destruction, would be greatly stimulated. T...
PIONEERS OF AMERICAN FREEDOM ORIGIN OF LIBERAL AND RADICAL THOUGHT IN AMERICA BY RUDOLF ROCKER Translated from the German by Arthur E. Briggs ROCKER PUBLICATIONS COMMITTEE (A Non-Profit Organization) 2101 south gramercy place los angeles 7, california copyright, 1949, by rudolf rocker All rights reserved—no part of this book may be reproduced in any form without permission in writing from the publisher, except by a reviewer who wishes to quote brief passages in a review to be printed in a magazine or newspaper. PRINTED IN THE UNITED STATES OF AMERICA BY J. J. LITTLE & IVES COMPANY, NEW YORK Introduction xiii PART ONE american liberals Thomas Paine I Thomas Jefferson 12 Ralph Waldo Emerson and Henry D. Thoreau 20 William Lloyd Garr... (From : AgainstAllAuthority.org, Formatting by RevoltLib.c....)