Browsing Untitled By Tag : measure of value

Browsing 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.)

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...

By my request I was appointed to make the census of the section of Khamovnitchesky police district, near the Smolensky Market in the Prototchni Lane between the Shore Drive and Nicolsky Lane. In this district are the houses known under the name of Rzhanoff House or Rzhanoff Fortress. In bygone times these houses belonged to the merchant Rzhanoff, and are now the property of the merchants Zeemin. I had long before heard that this was considered the lowest circle of poverty and vise, which was the reason why I asked the officers of the census to assign this district to me. My desire was gratified. Having received the appointment from the Town Council, I went alone, a few days before the census, to inspect my district. With the help of a plan I soon found the Rzhanoff Houses,—approached by a street which terminated on the left-hand side of Nicolsky Lane—a gloomy building without any apparent entrance. From the aspect of this house I guessed it was the one...

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