Browsing By Tag "measure of value"
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 1. -- Of the function of machinery in its relations to liberty. The introduction of machinery into industry is accomplished in opposition to the law of division, and as if to reestablish the equilibrium profoundly compromised by that law. To truly appreciate the significance of this movement and grasp its spirit, a few general considerations become necessary. Modern philosophers, after collecting and classifying their annals, have been led by the nature of their labors to deal also with history: then it was that they saw, not without surprise, that the history of philosophy was the same thing at bottom as the philosophy of history; further, that these two branches of speculation, so different in appearance, the history of philosophy and...
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