Instead Of A Book, By A Man Too Busy To Write One : Part 02, Chapter 07 : Another Answer to Mr. Babcock

Revolt Library >> Anarchism >> Instead Of A Book, By A Man Too Busy To Write One >> Part 00002, Chapter 00007

1897

People

(1854 - 1939) ~ American Father of Individualist Anarchism : An individualist Anarchist, Tucker (1854Ð1939) was a person of intellect rather than of action, focusing on the development of his ideas and on the publication of books and journals, especially the journal Liberty: Not the Daughter but the Mother of Order... (From : Anarchy Archives.)
• "...Anarchism, which may be described as the doctrine that all the affairs of men should be managed by individuals or voluntary associations, and that the State should be abolished." (From : "State Socialism and Anarchism," by Benjamin R. Tu....)
• "If the individual has a right to govern himself, all external government is tyranny. Hence the necessity of abolishing the State." (From : "State Socialism and Anarchism," by Benjamin R. Tu....)
• "It has ever been the tendency of power to add to itself, to enlarge its sphere, to encroach beyond the limits set for it..." (From : "State Socialism and Anarchism," by Benjamin R. Tu....)

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Part 02, Chapter 07

Another Answer to Mr. Babcock

[Liberty, November 12, 1881.]


Mr. Tucker:(59 ¶ 1)

In your issue of October 15, I notice a question by J. M. L. Babcock, and, although you have answered it, yet I beg to give my answer. The question is this: Is a man who loans a plow entitled in equity to compensation for its use? My answer is, Yes. Now, then, what of it? Does that make something for nothing right? Let us see. We must take it for granted that the loaning of the plow was a good business transaction. Such being the case, the man who borrows the plow must give good security that he will return the plow and pay for what he wears out. He must have the wealth or the credit to make the owner of the plow whole in case he should break or lose the plow. Now, I claim that this man, having the wealth or credit to secure a borrowed plow, could transmute that same credit or security into money, without cost, and with the money buy a plow, were it not for a monopoly of money. For a monopoly of money implies a monopoly of everything that money will buy.(59 ¶ 2)

If the people give to landholders, as a right, what they now give to bondholders as a special privilege—why, you might loan plows for a price, but the price would not include a money cost, as is inevitable under our present monetary system.(59 ¶ 3)

Let us remember that an individual transaction under a system of monopoly does not represent nor illustrate the truth as it would be under a natural or just system. Again, superficial ideas do not always harmonize with the central truth.(59 ¶ 4)

Briefly, but truly yours,

Apex.

From : fair-use.org

Chronology

November 30, 1896 :
Part 02, Chapter 07 -- Publication.

February 20, 2017 19:08:29 :
Part 02, Chapter 07 -- Added to http://www.RevoltLib.com.

March 19, 2019 16:43:40 :
Part 02, Chapter 07 -- Last Updated on http://www.RevoltLib.com.

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