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,...
In Form a Reply, in Reality a Surrender. [Liberty, September 10, 1887.] Appreciating the necessity of at least seeming to meet the indisputable fact which I opposed to its championship of government postal monopoly, the Winsted Press presents the following ghost of an answer, which may be as convincing to the victims of political superstition as most materializations are to the victims of religious superstition, but which, like those materializations, is so imperceptible to the touch of the hard-headed investigator that, when he puts his hand upon it, he does not find it there.(34 ¶ 1) The single instance of Wells, Fargo & Co., cited by B. R. Tucker to prove the advan...