Browsing Untitled By Tag : free market

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EDITOR: Murray Bookchin Vol. 1, No. 4 Price: 80 cents To conceal real crises by creating specious ones is an old political trick, but the past year has seen it triumph with an almost classic example of text-book success. The so-called "Iranian Crisis" and Russia's heavy-handed invasion of its Afghan satellite have completely deflected public attention from the deeper waters of American domestic and foreign policy. One would have to be blind not to see that the seizure of the American embassy in Teheran by a ragtail group of Maoist students spared both Khomeini and Carter a sharp decline in domestic popularity. The students, whoever they may be, functioned like a deus ex machina in promoting the political interests of the Iranian Ayatollah a... (From : Anarchy Archives.)

Liberty and Prohibition 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. Mr. Lucian V. Pinney, a protectionist and a greenbacker - but an anti-prohibitionist - made the following statement in his paper, the Winsted (Conn.) Press: "There is nothing any better than Liberty and nothing any worse than despotism, be it theological despotism of the skies, the theocratic despotism of kings, or the democratic despotism of majorities; and the labor reformer who starts out to combat the despotism of capitalism with other despotism no better lacks only power to be worse than the foe he encounters." Mr. Tucker then took him to task for his inconsistency: Mr. Pinney is a man who combats the despotism of capital with that despotism wh...

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...


MUNICIPALIZATION Community Ownership of the Economy1 by Murray Bookchin In my article, "Toward a Libertarian Municipalism2," I advanced the view that any counterculture to the prevailing culture must be developed together with counterinstitutions to the prevailing institutions -- a decentralized, confederal, popular power that will acquire the control over social and political life that is being claimed by the centralized, bureaucratic nation-state. Through much of the nineteenth century and nearly half of the twentieth, the classical center of this popular power was located by most radical ideologies in the factory, the arena for the conflict between wage labor and capital. The factory as the locus of the "power question" rested on the bel... (From : Anarchy Archives.)

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