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.)
Proudhon, Pierre Joseph. System of Economical Contradictions: or, the Philosophy of Misery Electronic Text Center, University of Virginia Library 2. -- Machinery's contradiction. -- Origin of capital and wages. From the very fact that machinery diminishes the workman's toil, it abridges and diminishes labor, the supply of which thus grows greater from day to day and the demand less. Little by little, it is true, the reduction in prices causing an increase in consumption, the proportion is restored and the laborer set at work again: but as industrial improvements steadily succeed each other and continually tend to substitute mechanical operations for the labor of man, it follows that there is a constant tendency to cut off a portion of the service and consequently to eliminate laborers from production. Now, it is with the economic order as with the spiritual order: outside of the church there is no salv...
On the appointed day, the students who were to assist me started early in the morning; while I, the philanthropist, only joined them at twelve o'clock. I could not come earlier, as I did not get up till ten, after which I had to take some coffee, and then smoke for the sake of my digestion. Twelve o'clock, then, found me at the door of the Rzhanoff Houses. A policeman showed me a public-house to which the census-clerks referred all those who wished to inquire for them. I entered, and found it very dirty and unsavory. Here, right in front of me, was a counter; to the left a small room, furnished with tables covered with soiled napkins; to the right a large room on pillars, containing similar little tables placed in the windows and along the walls; with men here and there having tea, some very ragged, others well dressed, apparently workmen or small shopkeepers. There were also several women. In spite of the dirt, it was easy to see, by the business air of the man in charge, and the...