,P>T #c1 ,*APT] #b 
,BASIC ,PR9CIPLES ( ,ECONOMICS3 ,R5T 

#ahigahig 

,PEOPLE 3 

,AU?OR 3 ,B5JAM9 ,R4 ,TUCK] 

,TEXT 3 

,BASIC ,PR9CIPLES ( ,ECONOMICS3 ,R5T4 

.<,LIB]TY1 ,OCTOB] #c1 #a#h#h#e4.> 

,9 FOLL[+ UP ! ISSUES MADE BY ,MR4 ,TUCK] 9 ! ,AUGU/ NUMB] ( ,LIB]TY1 ,I AM NOT QUIXOTIC 5\< TO DEF5D ,PR\DHON EI!R AGA9/ ,MR4 ,T4 OR AGA9/ HIS [N POSSIBLE 9CONSI/5CIES4 ,ONLY TWO ( HIS WORKS 7RECOMM5D$ BY ,MR4 ,T47 HAVE BE5 OP5 TO ME4 ,:AT ,I HAVE TO SAY /&S UPON ITS [N M]ITS1 APPEAL+ TO REASON & ! 9/9CT ( JU/ICE47#a 8 #a7  

,I4 ,! FICTION ( ! PRODUCTIVITY ( CAPITAL47#a 8 #b7  

,9 PRODUCTIVITY = HUMAN NE$S OR DESIRES1 HUMAN ACTIVITY IS IMPLI$4 ,NO ONE PRET5DS ?AT CAPITAL OR ! RESULTS ( PA/ LABOR CAN 9 ?IS PO9T ( VIEW BE 9DEP5D5T ( ACTUAL LABOR4 ,RIPE GRA9 OR FRUIT 9 FIELD OR OR*>D IS A CAPITAL2 ITS USE IMPLIES ! LABOR ( GA!R+ & /OR+1 MILL+1 COOK+1 ETC4 ,BUT !SE CONSUMMAT+ WORKS W\LD BE IMPOSSIBLE )\T ! CAPITAL ( ! H>VE/1 ! RESULT ( PREVI\S CULTURE1 :I*1 :E!R BY ! SAME OR BY DIFF]5T LABOR]S1 IS EQUALLY AN 9TEGRANT FACTOR 9 PRODUCTIVITY & JU/LY 5TITL$ TO ITS PROPORTIONATE %>E ( ! FRUITS47#a 8 #c7  

,N[1 GO BACK A YE> OR MORE4 ,BE=E ! CULTURE 9 QUE/ION1 CAPITAL EXI/$ AS ! RESULT ( CLE>+1 F5C+1 DIT*+1 MANUR+1 ETC4 )\T :I* ! CULTURE W\LD HAVE BE5 FRUITLESS OR IMPOSSIBLE4 ,SU* PREVI\S WORKS1 !N1 >E1 EQUALLY ) ! TWO LAT]1 9TEGRANT ( PRODUCTIVITY1 & HAVE JU/ CLAIMS TO BE SATISFI$ 9 ! REP>TITION ( ! H>VE/4 ,PREVI\S TO !SE ?REE K9DS ( WORKS1 !RE HAS (T5 BE5 EXP5DITURE ( EF=T 9 DISCOV]Y OR EXPLORATION1 9 CONQUE/ ( T]RITORY1 TO :I* ! ,/ATE FALLS HEIR1 & ON ! /R5G? ( :I* IT LEVIES TRIBUTE UND] TITLE ( 5TRY FEES OR PUR*ASE-MONEY47#a 8 #d7  

,9 ! PRECIT$ S]IES1 ! SECOND T]M 9 ORD] ( SUCCESSION HAS ABSORB$ ! FIR/1 SO ?AT ! 5TRY OR PUR*ASE-FEE IS ADD$ TO ! CLAIM = PREP>ATORY WORKS1 :OSE AGGREGATE CON/ITUTES ! BASIS ( R5TALS4 ,MR4 ,TUCK] SAYS ?AT ! LIQUIDATION ( ?IS VALUE1 :E!R IMM$IATE OR GRADUAL1 IS A SALE1 & BR+S A RI<T ( [N]%IP1 :I* IT IS NOT 9 ! NATURE ( R5T TO DO4 ,TO CALL ?IS R5T IS 9ACCURATE4 ,N[1 ?IS IS A QUE/ION ( ! USE ( LANGUAGE4 ,ACCURACY H]E1 AS ,I MA9TA91 CONSI/S ( ! USE ( WORDS 9 !IR USUAL S5SE4 ,I PROTE/ AGA9/ NEOLOGIES1 OR >BITR>Y DEF9ITIONS1 9 ECONOMICS ?AT MAKE WORDS SQU9T1 AS A P]FIDY ( ,SOCIALISM :I* 5G5D]S VA9 LOGOMA*IES & RET>DS ! TRIUMPH ( JU/ICE4 ,! LIQUIDATION ( ! VALUE PRECIT$1 ! RESULT ( PREP>ATORY WORKS1 MAY BE EFFECT$ EI!R BY SALE OR BY R5TALS4 ,SALE IS (T5 IMPOSSIBLE OR UNFEASIBLE2 IT W\LD BE SO AT PRES5T = MY [N F>M4 ,N[1 COMES 9 ! IDEA ?AT EA* PAYM5T ( R5T %ALL CON/ITUTE AN 9/ALLM5T ( PUR*ASE-MONEY4 ,?IS IS ,PR\DHON'S !ORY ( LIQUIDATION ) A VIEW TO ! 9DEP5D5T PROPRIETOR%IP ( ! SOIL BY ITS F>M]S4 ,IT IS VIABLE = R5TALS DUR+ A T]M ( SUCCESSIVE YE>S1 BUT IS 9APPLICABLE TO MANY CASES LIKE ! FOLL[+4 ,BY EXP5DITURE ( UNPAID LABOR DUR+ SEV]AL YE>S ,I HAVE PREP>$ A FIELD = COTTON CULTURE4 ,AN IMMIGRANT1 NE$+ TO REALIZE ! RESULTS ( LABOR MORE PROMPTLY ?AN W\LD BE POSSIBLE ( HE BEGAN BY P]=M+ UPON =E/ L& ! K9D ( WORK ,I HAVE ALREADY DONE1 (F]S ME A F\R? ( ! CROP = ! USE ( MY FIELD4 ,?IS IS R5T4 ,! CROP FROM :I* IT IS PAID LEAVES ! SOIL POOR] 9 PROPORTION1 & ! F5CES1 ETC41 WILL NE$ REPAIR AT AN E>LI] P]IOD4 ,?US EA* CROP MAY BE E/IMAT$ AS LESS5+ ! ORIG9AL VALUE ( PRODUCTIVITY BY AB\T ONE-T5?1 SOMETIMES AS MU* AS ONE-F\R?4 ,N[1 ! T5ANT PR(ITS ?REE TIMES AS MU* AS ,I DO AT ! CO/ ( MY PREP>ATORY LABORS4 ,! LOSS BY CROPP+1 ( ?IS VALUE1 IS ! JU/ BASIS ( R5T1 :I* LEAVES NO PROPORTION ( PUR*ASE TITLE TO ! T5ANT DUR+ ONE OR A FEW SEASONS :O DOES NOT MANURE OR REPAIR F5CES4 ,! T5ANT :O DOES ?IS1 & ?US REPRODUCES ! ORIG9AL VALUE1 JU/LY 5T]S 9TO PROPRIETOR%IP1 & HIS R5TALS \<T TO BE REG>D$ AS 9/ALLM5TS ( PUR*ASE-MONEY4 ,!RE LIES ! PRACTICAL DIFF]5CE47#a 8 #e7  

,IT IS NECESS>Y TO FACE ! FACTS1 & TO AVOID CONFUSION BY AB/RACT T]M9OLOGY4 ,!RE IS JU/ R5T1 & !RE IS UNJU/ R5T1 OR ! LEGAL ABUSE ( ! R5TAL SY/EM4 ,ABATE ! PUBLIC NUISANCE ( LEGISLATION1 & !SE NATT]S >E NATURALLY >RANG$ BY FREE CONTRACT BETWE5 F>M]S47#a 8 #f7  

,! EQUITABLE RELATIONS BETWE5 ACTUAL LABOR & ! PREVI\S LABORS ?AT CON/ITUTE CAPITAL 9 ! SOIL1 OR IMMOVABLE UPON IT1 V>Y ) TIME1 PLACE1 & CIRCUM/ANCE4 ,RUL+S CONC]N+ !M1 R$UC$ TO ! PROCRU/EAN MEASURES ( LAW1 IF JU/ = SOME CASES1 MU/ BE UNJU/ = O!RS4 ,PRIVATE CONTRACTS ONLY CAN APPROXIMATE TO JU/ICE2 & H[ NE>LY !Y DO IT IS ! AFFAIR ( ! CONTRACT+ P>TIES1 DEFY+ ALL PRESCRIPTIVE =MULAS47#a 8 #g7 

,$GEWOR?4 
  

,! TWO WORKS :I* ,I RECOMM5D$ TO ,$GEWOR? >E AMONG ,PR\DHON'S BE/2 BUT !Y >E V]Y F> FROM ALL ?AT HE HAS WRITT51 & IT IS V]Y NATURAL = ! READ] ( A V]Y SMALL PORTION ( HIS WRIT+S TO DRAW 9F]5CES :I* HE WILL F9D UNW>RANT$ :5 HE READS MORE4 ,?IS IS DUE PR9CIPALLY TO ,PR\DHON'S HABIT ( US+ WORDS 9 DIFF]5T S5SES AT DIFF]5T TIMES1 :I* ,I REG>D AS UN=TUNATE4 ,N[1 9 ! >TICLE :I* GAVE RISE TO ?IS DISCUSSION1 ,$GEWOR? 9F]R$ 7OR SEEM$ TO 9F]71 FROM ! FACT ?AT SOME ( ,PR\DHON'S TRANSITIONAL PROPOSALS ALL[$ A %>E TO CAPITAL = A TIME1 ?AT HE CONTEMPLAT$ AS A P]MAN5T >RANGEM5T A DIVISION ( LABOR'S E>N+S BETWE5 LABOR & CAPITAL AS TWO DI/9CT ?+S4 ,LE/ ?IS MI<T MISLEAD1 ,I TOOK ! LIB]TY TO CORRECT IT1 & TO /ATE ?AT ,PR\DHON ?\<T LABOR ! ONLY LEGITIMATE TITLE TO WEAL?47#a 8 #h7  

,N[ COMES ,$GEWOR?1 & SAYS ?AT HE MEANT BY CAPITAL ONLY ! RESULT ( PREP>ATORY LABOR1 :I* IS AS MU* 5TITL$ TO REW>D AS ANY O!R4 ,V]Y GOOD1 SAY ,I2 NO ONE D5IES ?AT4 ,BUT ?IS IS NOT :AT IS ORD9>ILY MEANT BY ! PRODUCTIVITY ( CAPITAL2 & ,$GEWOR?1 BY HIS [N RULE1 IS B\ND TO USE WORDS 9 !IR USUAL S5SE4 ,! USUAL S5SE ( ?IS PHRASE1 & ! S5SE 9 :I* ! ECONOMI/S USE IT1 IS ?AT CAPITAL HAS SU* AN 9DEP5D5T %>E 9 ALL PRODUCTION ?AT ! [N] ( IT MAY RI<TFULLY F>M \T ! PRIVILEGE ( US+ IT1 RECEIVE A /EADY 9COME FROM IT1 HAVE IT RE/OR$ TO HIM 9TACT AT ! EXPIRATION ( ! LEASE1 F>M IT \T AGA9 TO SOMEBODY ELSE1 & GO ON 9 ?IS WAY1 HE & HIS HEIRS =EV]1 LIV+ 9 A P]MAN5T /ATE ( IDL5ESS & LUXURY SIMPLY FROM HAV+ P]=M$ A C]TA9 AM\NT ( PREP>ATORY LABOR4 ,?AT IS :AT ,PR\DHON D5\NC$ AS ! FICTION ( ! PRODUCTIVITY ( CAPITAL2 & ,$GEWOR?1 9 9T]PRET+ ! PHRASE O!RWISE1 GIVES IT A V]Y UNUSUAL S5SE1 9 VIOLATION ( HIS [N RULE47#a 8 #i7  

,MOREOV]1 :AT ,$GEWOR? GOES ON TO SAY AB\T ! PROPORTIONAL PR(ITS ( L&LORD & T5ANT 9DICATES ?AT HE HAS V]Y LOOSE IDEAS AB\T ! PROP] REW>D ( LABOR1 :E!R PRES5T OR PREP>ATORY4 ,! SCI5TIFIC REW>D 7& UND] ABSOLUTELY FREE COMPETITION ! ACTUAL REW>D IS1 9 ! LONG RUN1 ALMO/ ID5TICAL ) IT7 ( LABOR IS ! PRODUCT ( AN EQUAL AM\NT ( EQUALLY >DU\S LABOR4 ,! PRODUCT ( AN H\R ( ,$GEWOR?'S LABOR 9 PREP>+ A FIELD = COTTON CULTURE1 & ! PRODUCT ( AN H\R ( HIS T5ANT'S LABOR 9 S[+ & H>VE/+ ! CROP1 \<T EA* TO EX*ANGE = ! PRODUCT ( AN H\R'S LABOR ( !IR NEI<BOR ! %OEMAK]1 OR !IR NEI<BOR ! TAILOR1 OR !IR NEI<BOR ! GROC]1 OR !IR NEI<BOR ! DOCTOR1 PROVID$ ! LABOR ( ALL !SE P>TIES IS EQUALLY EXHAU/+ & IMPLIES EQUAL AM\NTS ( ACQUIR$ SKILL & EQUAL \TLAYS = TOOLS & FACILITIES4 ,N[1 SUPPOS+ ! CASES ( ,$GEWOR? & HIS T5ANT TO BE REPRES5TATIVE & NOT ISOLAT$2 & SUPPOS+ !M TO PRODUCE1 NOT = !IR [N CONSUMPTION1 BUT = ! PURPOSE ( SALE1 :I* IS ! PURPOSE ( PRACTICALLY ALL PRODUCTION1 IT !N MAKES NO DIFF]5CE TO EI!R ( !M :E!R !IR H\R'S LABOR YIELDS FIVE P\NDS ( COTTON OR FIFTE54 ,9 ! ONE CASE !Y CAN GET NO MORE %OES OR CLO!S OR GROC]IES OR M$ICAL S]VICES = ! FIFTE5 P\NDS ?AN !Y CAN 9 ! O!R = ! FIVE4 ,! GREAT BODY ( L&LORDS & T5ANTS1 LIKE ! GREAT BODY ( PRODUC]S 9 ANY O!R 9DU/RY1 DOES NOT PR(IT BY AN 9CREAS$ PRODUCTIVITY 9 ITS SPECIAL FIELD ( WORK1 EXCEPT TO ! EXT5T ?AT IT CONSUMES OR REPUR*ASES ITS [N PRODUCT4 ,! PR(IT ( ?IS 9CREASE GOES TO ! PEOPLE AT L>GE1 ! CONSUM]S4 ,SO IT IS NOT TRUE 7ASSUM+ ALWAYS A REGIME ( FREE COMPETITION7 ?AT ,$GEWOR?'S T5ANT PR(ITS ?REE TIMES AS MU* AS ,$GEWOR? BECAUSE ( ! LATT]'S PREP>ATORY LABORS4 ,NEI!R ( !M PR(IT !REBY1 BUT EA* GETS AN H\R ( SOME O!R MAN'S LABOR = AN H\R ( HIS [N47#a 8 #a7  

,SO MU* = ! REW>D ( LABOR 9 G5]AL4 ,N[ TO GET BACK TO ! QUE/ION ( R5T47#a 8 #a#a7  

,IF ,$GEWOR? P]=MS PREP>ATORY LABOR ON A COTTON FIELD1 ! RESULT ( :I* W\LD REMA9 9TACT IF ! FIELD LAY IDLE1 & ?AT RESULT IS DAMAG$ BY A T5ANT1 ! T5ANT \<T TO PAY HIM = IT ON ! BASIS ( REW>D ABOVE DEF9$4 ,?IS DOES NOT BR+ A RI<T ( [N]%IP TO ! T5ANT1 TO BE SURE1 = ! PROP]TY HAS BE5 DE/ROY$ & CANNOT BE PUR*AS$4 ,BUT ! TRANSACTION1 NEV]!LESS1 IS 9 ! NATURE ( A SALE1 & NOT A PAYM5T = A LOAN4 ,EV]Y SALE IS AN EX*ANGE ( LABOR1 & ! T5ANT SIMPLY PAYS MONEY REPRES5T+ HIS [N LABOR = ! RESULT ( ,$GEWOR?'S LABOR :I* HE 7! T5ANT7 HAS DE/ROY$ 9 APPROPRIAT+ IT TO HIS [N USE4 ,IF ! T5ANT DOES NOT DAMAGE ! RESULT ( ,$GEWOR?'S PREP>ATORY LABOR1 !N1 AS ,$GEWOR? ADMITS1 :ATEV] MONEY ! T5ANT PAYS JU/LY 5TITLES HIM TO ?AT AM\NT ( [N]%IP 9 ! COTTON FIELD4 ,N[1 ?IS MONEY1 PAID OV] & ABOVE ALL DAMAGE1 IF IT DOES NOT BR+ EQUIVAL5T [N]%IP1 IS PAYM5T = USE1 USURY1 &1 9 MY T]M9OLOGY1 R5T4 ,IF ,$GEWOR? PREF]S TO USE ! WORD R5T TO SIGNIFY ALL MONEY PAID TO L&LORDS AS SU* BY T5ANTS AS SU* = :ATEV] REASON1 ,I %ALL ?9K HIS USE ( ! WORD 9ACCURATE2 BUT ,I %ALL NOT QU>REL ) HIM1 & %ALL ONLY PROTE/ :5 HE 9T]PRETS O!R M5'S ?\<T BY HIS [N DEF9ITIONS1 AS HE SEEM$ TO ME TO HAVE DONE 9 ,PR\DHON'S CASE4 ,IF HE WILL BE SIMIL>LY PEACEFUL T[>DS ME 9 MY USE ( ! WORD1 !RE WILL BE NO LOGOMA*Y47#a 8 #a#b7  

,! DIFF]5CE BETWE5 US IS JU/ ?IS4 ,$GEWOR? SAYS ?AT FROM T5ANT TO L&LORD !RE IS PAYM5T = DAMAGE1 & ?IS IS JU/ R5T2 & !RE IS PAYM5T = USE1 & ?AT IS UNJU/ R5T4 ,I SAY !RE IS PAYM5T = DAMAGE1 & ?IS IS 9DEMNIFICATION OR SALE1 & IS JU/2 & !RE IS PAYM5T = USE1 & ?AT IS R5T1 & IS UNJU/4 ,MY USE ( ! WORD IS 9 ACCORDANCE ) ! DICTION>Y1 & IS MORE DEF9ITE & DISCRIM9AT+ ?AN ! O!R2 MOREOV]1 ,I F9D IT MORE EFFECTIVE 9 >GUM5T4 ,MANY A TIME HAS SOME SMALL PROPRIETOR1 TR\BL$ ) QUALMS ( CONSCI5CE & ANXI\S TO JU/IFY ! S\RCE ( HIS 9COME1 EXCLAIM$1 ON LE>N+ ?AT ,I BELIEVE 9 PAYM5T = WE> & TE>3 ,OH6 WELL1 Y\ BELIEVE 9 R5T1 AFT] ALL2 IT'S ONLY A QUE/ION ( H[ MU* R5T2 AFT] :I* HE W\LD SETTLE BACK1 SATISFI$4 ,I HAVE ALWAYS F\ND ?AT ! ONLY WAY TO GIVE SU* A MAN'S CONSCI5CE A *ANCE TO GET A HOLD UPON HIS ?\<T & CONDUCT WAS TO 9SI/ ON ! N>R[] USE ( ! WORD R5T4 ,IT CALLS ! ATT5TION MU* MORE VIVIDLY TO ! DI/9CTION BETWE5 JU/ICE & 9JU/ICE4 ,IF 9 ?IS ,I AM GUILTY ( NEOLOGY1 ,I AM NO MORE SO ?AN 9 MY USE ( ! WORD ,AN>*Y1 :I* ,$GEWOR? ADOPTS ) GREAT 5?USIASM & EMPLOYS ) GREAT EFFECT4 ,IF ! SQU9T IS :AT HE OBJECTS TO1 :Y DOES IT ANNOY HIM 9 ONE CASE & PLEASE HIM 9 ! O!R87#a 8 #a#c7  

,I MU/ ADD ?AT1 AFT] :AT ,I SAID 9 MY PREVI\S ANSW] 9 OPPOSITION TO LEGISLATIVE 9T]F]5CE = ! CONTROL ( R5TS1 IT SEEMS H>DLY )9 ! LIMITS ( FAIR DISCUSSION TO H9T ?AT ,I AM 9 FAVOR ( PROCRU/EAN MEASURES ( LAW4 ,C]TA9LY1 ,$GEWOR? DOES NOT DIRECTLY SAY SO1 BUT 9 AN >TICLE AV[$LY WRITT5 9 ANSW] TO ME ,I CANNOT SEE H[ ! REM>K IS O!RWISE P]T95T47#a 8 #a#d7 

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