State Socialism and Anarchism: How far they agree, and wherein they differ. 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. This essay, which is the clearest statement on the subject that has ever been produced, was written by Mr. Tucker in 1886, in response to an invitation from the editor of the North American Review to furnish him a paper on Anarchism. It was accepted, announced for publication, and was paid for; but it was never printed in that magazine, and, after numerous letters of inquiry had been sent, the manuscript was returned to the author, although the editor of the Review volunteered the declaration that it was the ablest article that he had received during his editorship. It appeared as the leading article in "Instead...
Why Wages Should Absorb Profits. [Liberty, July 16, 1887.] Van Buren Denslow, discussing in the Truth Seeker the comparative rewards of labor and capital, points out that the present wage system divides profits about evenly between the two, instancing the railways of Illinois, which pay annually in salaries and wages $81,936,170, and to capital, which Mr. Denslow defines as the labor previously done in constructing and equipping the roads, $81,720,265. Then he remarks: No system of intentional profit-sharing is more equal than this, provided we assent to the principle that a day’s work already done and embodied in the form of capital is as well entitled to compensation for its use as a day’s work not yet done, which we call labor. Exactly. But the princip...