Browsing Untitled By Tag : measure of value

Browsing By Tag "measure of value"

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What is there about money and its function in commercial societies that entraps so many into laying on "the currency" the responsibility for that disease of modem societies of which the tricks of the money market are but a single symptom Not capitalism, they would have us believe, is the enemy, but coined money. Here is a pamphlet by our comrade D. A. Andrade, of the Melbourne Anarchists' Club, which is really quite bewildering in its mixture of sound sense and--opinions on currency. Andrade ought, by his own showing, to be quite free from the influence of the vulgar illusions which haunt the threshold of the study of wealth, for he warns us that money is simply "the token by which one individual keeps record of and measures that portion of... (From : AnarchyArchives.)

Proudhon, Pierre Joseph. System of Economical Contradictions: or, the Philosophy of Misery Electronic Text Center, University of Virginia Library III. It remains for me to tell why, in a work on political economy, I have felt it necessary to start with the fundamental hypothesis of all philosophy. And first, I need the hypothesis of God to establish the authority of social science. -- When the astronomer, to explain the system of the world, judging solely from appearance, supposes, with the vulgar, the sky arched, the earth flat, the sun much like a football, describing a curve in the air from east to west, he supposes the infallibility of the senses, reserving the right to rectify subsequently, after further observation, the data with which he is obliged to start. Astronomic philosophy, in fact, could not admit a priori that the senses deceive us, and that we do not see what we do see: admittin...

After having passed the greater part of my life in the country, I came at length, in the year 1881, to reside in Moscow, where I was immediately struck with the extreme state of pauperism in that city. Though well acquainted with the privations of the poor in rural districts, I had not the faintest conception of their actual condition in towns. In Moscow it is impossible to pass a street without meeting beggars of a peculiar kind, quite unlike those in the country, who go about there, as the saying is, “with a bag and the name of Christ.” The Moscow beggars neither carry a bag nor ask for alms. In most cases when they meet you, they try to catch your eye, and then act according to the expression of your face. I know of one such, a bankrupt gentleman. He is an old man who advances slowly, limping painfully with each leg. When he meets you, he limps, and makes a bow. If you stop, he takes off his cap, ornamented with a cockade, bows aga...

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