What is there about money and its function in commercial societies that entraps so many into laying on "the currency" the responsibility for that disease of modem societies of which the tricks of the money market are but a single symptom Not capitalism, they would have us believe, is the enemy, but coined money. Here is a pamphlet by our comrade D. A. Andrade, of the Melbourne Anarchists' Club, which is really quite bewildering in its mixture of sound sense and--opinions on currency. Andrade ought, by his own showing, to be quite free from the influence of the vulgar illusions which haunt the threshold of the study of wealth, for he warns us that money is simply "the token by which one individual keeps record of and measures that portion of... (From : AnarchyArchives.)
Proudhon, Pierre Joseph. System of Economical Contradictions: or, the Philosophy of Misery Electronic Text Center, University of Virginia Library 1. -- Opposition between FACT and RIGHT in social economy. I AFFIRM the REALITY of an economic science. This proposition, which few economists now dare to question, is the boldest, perhaps, that a philosopher ever maintained; and the inquiries to follow will prove, I hope, that its demonstration will one day be deemed the greatest effort of the human mind. I affirm, on the other hand, the absolute certainty as well as the progressive nature of economic science, of all the sciences in my opinion the most comprehensive, the purest, the best supported by facts: a new proposition, which alters this science into logic or metaphysics in concreto, and radically changes the basis of ancient philosophy. In other words,...
This visit gave the last blow to my self-deception. It became very evident to me that my aim was not only foolish, but even productive of evil. Yet, though I knew this, it seemed my duty to continue the project a little longer: first, because of the article I had written and by my visits I had raised the expectations of the poor; secondly, because what I had said and written had awakened the sympathy of some benefactors, many of whom had promised to assist me personally and with money. And I was expecting to be applied to by both, and hoped to satisfy them as well as I was able. As regards the applications made to me by those who were in need, the following details may be given: I received more than a hundred letters, which came exclusively from the “rich poor,” if I may so express myself. Some of them I visited, and some I left unanswered. In no instance did I succeed in doing any good. All the applications made to me were from persons who were once in...