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 Chapter 2 CHAPTER II. OF VALUE. 1. -- Opposition of value in USE and value in EXCHANGE. Value is the corner-stone of the economic edifice. The divine artist who has entrusted us with the continuation of his work has explained himself on this point to no one; but the few indications given may serve as a basis of conjecture. Value, in fact, presents two faces: one, which the economists call value in use, or intrinsic value; another, value in exchange, or of opinion. The effects which are produced by value under this double aspect, and which are very irregular so long as it is not established, -- or, to use a more philosophical expression, so long as it is not constituted, -- are changed...
Still more strange were my dealings with the children. In my rôle as benefactor I paid attention to the children too, wishing to save innocent beings from going to ruin in this den; and I wrote down their names in order to attend to them myself afterwards. Among these children my attention was particularly drawn to Serozha, a boy twelve years old. I sincerely pitied this clever, intelligent lad, who had been living with a bootmaker, and who was left without any place of refuge when his master was put into prison. I wished to do something for him. I will now give the result of my benevolence in his case, because this boy's story will show my false position as a benefactor better than anything else. I took the boy into my house, and lodged him in the kitchen. Could I possibly bring a lousy boy out of a den of depravity to my children? I considered that I had been very kind in having put him where he was, among my...