Browsing Untitled By Tag : measure of value

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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.)

Chapter 6 CHAPTER VI. FOURTH PERIOD. -- MONOPOLY MONOPOLY, the exclusive commerce, exploitation, or enjoyment of a thing. Monopoly is the natural opposite of competition. This simple observation suffices, as we have remarked, to overthrow the utopias based upon the idea of abolishing competition, as if its contrary were association and fraternity. Competition is the vital force which animates the collective being: to destroy it, if such a supposition were possible, would be to kill society. But, the moment we admit competition as a necessity, it implies the idea of monopoly, since monopoly is, as it were, the seat of each competing individuality. Accordingly the economists have demonstrated -- and M. Rossi has formally admitted it -- that monopoly is the form of social possession, outside of which there is no labor, no product, no exchange, no wealth. Every landed possession...

On the same evening that I returned from Liapin's house, I imparted my impressions to a friend: and he, a resident of the town, began to explain to me, not without a certain satisfaction, that this was the most natural state of things in a town; that it was only owing to my provincialism that I found anything remarkable in it; and that it had always been, and always would be so, such being one of the inevitable conditions of civilization. In London it was yet worse, etc., etc., therefore there could be nothing wrong about it, and there was nothing to be disturbed or troubled about. I began to argue with my friend, but with such warmth and so angrily, that my wife rushed in from the adjoining room to ask what had happened. It appeared that, without being aware of it, I had shouted out in an agonized voice, gesticulating wildly, “We should not go on living in this way! we must not live so! we have no right!” I was rebuked for my unnecessary excitement; I was told...

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