Parsons, Albert Richard. Anarchism: Its Philosophy and Scientific Basis as defined by some of its apostles. Chicago, Mrs. A. R. Parsons [c1887]. Part I. CHAPTER II. CAPITALISM--ITS DEVELOPMENT IN THE UNITED STATES. --CONTINUED. With the termination of the war of 1861 began the second epoch of capitalism in the United States. The ex-chattel slave was enfranchised,--made a political sovereign. He was now a "freeman" without an inch of soil, a cent of money, a stitch of clothes or a morsel of food. He was free to compete with his fellow wage-worker for an opportunity to serve capital. The conditions of his freedom consisted in the right to work on the terms dictated by his employer, or--starve. There no longer existed any sectional conflicts or other conflicts of a disturbing political nature. All men were now "free and equal before the law." A period of unprecedented activity in capitalistic circles...
The Sole Factors and Exact Ratios in its Acquirement and Apportionment. In proceeding toward any given point, there is always one line which is shortest—THE STRAIGHT: so, in the conduct of human affairs, there is always one course which is best—THE JUST. BY J. K. 1 N C A L L S. 12mo, 320pp., large type, good paper, silk cloth, $1. CONTENTs.-Economic Schools—A Brief Review of their Qrigin and Growth; Rise and Growth of Capitalism; Unearned Increase—Profit; Interest, Rent; Conservation of Wealth; Tools and Improved Machinery; The Nature of Wages; Pri: Yate and Social Wealth ; Land Ownership; Private Property in Land; Capital and the Productive Factors; Partnership and Cooperation; Law of Contracts; Money and Credit; Of... (From : Google Books.)
Money and Capital. [Liberty, December 1, 1888.] To the Editor of Liberty:(68 ¶ 1) I have read attentively Mr. Westrup’s farther statement on mutual banking, but fail to see wherein he touches what is to my mind the vital point. He says that the system would not be making use of capital that belonged to some one else. Then I cannot see how it would answer its purpose. The bank itself has no capital save the pledges advanced by borrowers, and if they take out no more than they put in, they make no gain, but are merely to the expense of the transaction. On the other hand, if they do take out more, some one else must have put it in. They do not increase their wealth by using their own pro...
Proudhon, Pierre Joseph. System of Economical Contradictions: or, the Philosophy of Misery Electronic Text Center, University of Virginia Library THE WORKS OF P. J. PROUDHON VOLUME IV. SYSTEM OF ECONOMICAL CONTRADICTIONS. I. Published and Sold by BENJAMIN R. TUCKER, BOSTON, MASS. 1888 SYSTEM OF ECONOMICAL CONTRADICTIONS OR, THE PHILOSOPHY OF MISERY. BY P. J. PROUDHON Destruam et ædificabo. Deuteronomy: c. 32. VOLUME FIRST. TRANSLATED FROM THE FRENCH BY BENJAMIN R. TUCKER Published and Sold by BENJAMIN R. TUCKER, BOSTON, MASS. 1888 University Press: JOHN WILSON AND SON, CAMBRIDGE CONTENTS. INTRODUCTION. . . . . . . . . . . . . . . . . . . 1 CHAPTER I. OF THE ECONOMIC SCIENCE . . . . .