Browsing Untitled By Tag : proudhon's banking system

Browsing By Tag "proudhon's banking system"

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The Position of William. [From Ruskin’s Letters to British Workmen.] What you call wages, practically, is the quantity of food which the possessor of the land gives you to work for him. There is, finally, no capital but that. If all the money of all the capitalists in the whole world were destroyed — the notes and bills burnt, the gold irrecoverably buried, and all the machines and apparatus of manufacture crushed, by a mistake in signals, in one catastrophe — and nothing remained but the land, with its animals and vegetables, and buildings for shelter — the poorer population would be very little worse off than they are at this instant; and their labor, instead of being limited by the destruction, would be greatly stimulated. T...

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