THE CONQUEST OF BREAD by P. Kropotkin CHAPTER IV Expropriation I It is told of Rothschild that, seeing his fortune threatened by the Revolution of 1848, he hit upon the following stratagem: "I am quite willing to admit," said he, "that my fortune has been accumulated at the expense of others, but if it were divided to-morrow among the millions of Europe, the share of each would only amount to five shillings. Very well, then, I undertake to render to each his five shillings if he asks me for it." Having given due publicity to his promise, our millionaire proceeded as usual to stroll quietly through the streets of Frankfort. Three or four passersby asked for their five shillings, which he disbursed with a sardonic smile. His stratagem succeeded, and the family of the millionaire is still in possession of its wealth. It is in much the same fashio...
These letters, addressed to Frederic Bastiat, an economist, originally appeared in a debate published in The Voice of the People, in 1849. Interest and Principal Arguments Drawn from the Operations of the Bank of France It is not true--and the facts just cited prove beyond a doubt that it is not--that the decrease of interest is proportional to the increase of capital. Between the price of merchandise and interest of capital there is not the least analogy; the laws governing their fluctuations are not the same; and all your dinning of the last six weeks in relation to capital and interest has been utterly devoid of sense. The universal custom of banks and the common sense of the people give you the lie on all these points in a most humiliat... (From : Anarchy Archives.)
No Treason I Lysander Spooner Table of Contents Introductory. No Treason. No. 1. I. II. III. IV. Entered according to Act of Congress, in the year 1867, By LYSANDER SPOONER, in the Clerk's office of the District Court of the United States, for the District of Massachusetts. INTRODUCTORY. The question of treason is distinct from that of slavery; and is the same that it would have been, if free States, instead of slave States, had seceded. On the part of the North, the war was carried on, not to liberate the slaves, but by a government that had always perverted and violated the Constitution, to keep the slaves in bondage; and was still willing to do so, if the slaveholders could be thereby induced to stay in the Union. The pri... (From : Anarchy Archives.)
I. INDUSTRIAL COMPETITION In 1883, when England, Germany, Austria, and Romania, taking advantage of the isolation of France, leagued themselves against Russia, and a terrible European war was about to blaze forth, we pointed out in the Révolté what were the real motives for rivalry among States and the wars resulting therefrom. The reason for modern war is always the competition for markets and the right to exploit nations backward in industry. In Europe we no longer fight for the honor of kings. Armies are pitted against each other that the revenues of Messrs. Almighty Rothschild, of Schneider, of the Most Worshipful Company of Anzin, or of the most Holy Catholic Bank of Rome may remain unimpaired. Kings are no longer of any ... (From : Anarchy Archives.)