Browsing By Tag "supply and demand"
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.)
Ergo and Presto! [Liberty, July 7, 1888.] In Henry George may be seen a pronounced type of the not uncommon combination of philosopher and juggler. He possesses in a marked degree the faculty of luminous exposition of a fundamental principle, but this faculty he supplements with another no less developed,—that of so obscuring the connection between his fundamental principle and the false applications thereof which he attempts that only a mind accustomed to analysis can detect the flaw and the fraud. We see this in the numerous instances in which he has made a magnificent defense of the principle of individual liberty in theory, only to straightway deny it in practice, while at the same time palming off his denial upon an admiring following as a practical affirmation. Freedo...
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...