Capital, Profits and Interest 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. In the study of the economic question, the first thing that must engage our attention is why the worker fails to get all of the product of his labor. Volumes have been written by economists of various schools in discussion of the problem, most of them muddling about in the mire of their own misconceptions. But the editor of Liberty went straight to the heart of the matter and quickly found the answer: Somebody gets the surplus wealth that labor produces and does not consume. Who is the Somebody? Such is the problem recently posited in the editorial columns of the New York Truth. Substantially the same question has been asked a great many times before, but,...
A Misinterpretation of Anarchism [Liberty, March 8, 1890.] One of the most interesting papers that come to this office is the Personal Rights Journal of London. Largely written by men like J. H. Levy and Wordsworth Donisthorpe, it could not be otherwise. Virtually it champions the same political faith that finds an advocate in Liberty. It means by individualism what Liberty means by Anarchism. That it does not realize this fact, and that it assumes Anarchism to be something other than complete individualism, is the principal difference between us. This misunderstanding of Anarchism is very clearly and cleverly exhibited in a passage which I copy from a keen and thought-provoking lecture on The Outcome of Individualism, delivered...