The Relation of the State to the Invididual 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. The following is an address by Mr. Tucker delivered before the Unitarian Ministers' Institute, at the annual session held in Salem, Mass., October 14, 1890. On account of the clear and concise manner in which the subject is treated, it may well engage the attention of any student seeking to understand Anarchism: Ladies and Gentlemen: Presumably the honor which you have done me in inviting me to address you today upon "The Relation of the State to the Individual" is due principally to the fact that circumstances have combined to make me somewhat conspicuous as an exponent of the theory of Modern Anarchism, - a theory which is coming to be more and more regar...
Money and Capital. [Liberty, December 1, 1888.] To the Editor of Liberty:(68 ¶ 1) I have read attentively Mr. Westrup’s farther statement on mutual banking, but fail to see wherein he touches what is to my mind the vital point. He says that the system would not be making use of capital that belonged to some one else. Then I cannot see how it would answer its purpose. The bank itself has no capital save the pledges advanced by borrowers, and if they take out no more than they put in, they make no gain, but are merely to the expense of the transaction. On the other hand, if they do take out more, some one else must have put it in. They do not increase their wealth by using their own pro...