Browsing By Tag "standard of value"
Resistance to Government 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 1888 Mr. John Beverley Robinson (who just before his death in 1923 translated Proudhon's "General Idea of the Revolution in the Nineteenth Century," published by Freedom Press, London) entered into a discussion with the editor of Liberty on the question of nonresistance, which enabled Mr. Tucker to make clear the attitude of Anarchism toward aggression and in its manner of treating aggressors: Mr. Robinson says that the essence of government is compulsion by violence. If it is, then of course Anarchists, always opposing government, must always oppose violence. But Anarchists do not so define government. To them the essence of government is invasio...
Money and Capital. [Liberty, December 1, 1888.] To the Editor of Liberty:(68 ¶ 1) I have read attentively Mr. Westrup’s farther statement on mutual banking, but fail to see wherein he touches what is to my mind the vital point. He says that the system would not be making use of capital that belonged to some one else. Then I cannot see how it would answer its purpose. The bank itself has no capital save the pledges advanced by borrowers, and if they take out no more than they put in, they make no gain, but are merely to the expense of the transaction. On the other hand, if they do take out more, some one else must have put it in. They do not increase their wealth by using their own pro...