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--New Perspectives in Libertarian Thought-- EDITOR: Murray Bookchin Vol. 1, No. 4 Price: 80 cents The American Crisis To conceal real crises by creating specious ones is an old political trick, but the past year has seen it triumph with an almost classic example of text-book success. The so-called "Iranian Crisis" and Russia's heavy-handed invasion of its Afghan satellite have completely deflected public attention from the deeper waters of American domestic and foreign policy. One would have to be blind not to see that the seizure of the American embassy in Teheran by a ragtail group of Maoist students spared both Khomeini and Carter a sharp decline in domestic popularity. The students, whoever they may be, functioned like a deus ex machina... (From : Anarchy Archives.)
Anarchism is a world view, a philosophy of society; indeed the philosophy of society, for whoever considers the world and human life in their profoundest senses and their complete development, and then decides on the societal form of greatest desirability, cannot but decide for anarchism. Every other form is a half-measure and a patchwork. Is anarchism desirable? Well, who does not seek freedom? What man, unless willing to declare himself in bondage, would care to call any control agreeable? Think about it! Is anarchism possible? The failure of attempts to attain freedom does not mean the cause is lost. The facts that the struggle for freedom is clearer and stronger than ever before, that today there are different preconditions to achieving... (From : Anarchy Archives.)
These letters, addressed to Frederic Bastiat, an economist, originally appeared in a debate published in The Voice of the People, in 1849. Interest and Principal Arguments Drawn from the Operations of the Bank of France It is not true--and the facts just cited prove beyond a doubt that it is not--that the decrease of interest is proportional to the increase of capital. Between the price of merchandise and interest of capital there is not the least analogy; the laws governing their fluctuations are not the same; and all your dinning of the last six weeks in relation to capital and interest has been utterly devoid of sense. The universal custom of banks and the common sense of the people give you the lie on all these points in a most humiliat... (From : Anarchy Archives.)
These letters, addressed to Frederic Bastiat, an economist, originally appeared in a debate published in The Voice of the People, in 1849. Interest and Principal A Loan is a Service On the one hand, it is very true, as you have unquestionably established, that a loan is a service. And as every service has a value, and, in consequence, is entitled by its nature to a reward, it follows that a loan ought to have its price, or, to use the technical phrase, ought to bear interest. But it is also true, and this truth is consistent with the preceding one, that he who tends, under the ordinary conditions of the professional lender, does not deprive himself, as you phrase it, of the capital which be lends. He lends it, on the contrary, precisely bec... (From : Anarchy Archives.)
These letters, addressed to Frederic Bastiat, an economist, originally appeared in a debate published in The Voice of the People, in 1849. Interest and Principal The Origin of Ground Rent I said before that in ancient times the landed proprietor, when neither he nor his family farmed his land, as was the case among the Romans in the early days of the Republic, cultivated it through his slaves: such was the general practice of patrician families. Then slavery and the soil were chained together; the farmer was called adscrpitus gleboe, joined to the land; property in men and things was undivided. The price of a farm depended upon its area and quality of its soil, upon the quantity of stock, and upon the number of slaves. When the emancipation... (From : Anarchy Archives.)
THE NINETEENTH CENTURY. Feb. 1887 THE SCIENTIFIC BASES OF ANARCHY ANARCHY, the No-Government system of Socialism, has a double origin. It is an outgrowth of the two great movements of thought in the economical and the political fields which characterize our century, and especially its second part. In common with all Socialists, the anarchists hold that the private ownership of land, capital, and machinery has had its time; that it is condemned to disappear; and that all requisites for production must, and will, become the common property of society, and be managed in common by the producers of wealth. And, in common with the most advanced representatives of political Radicalism, they maintain that the ideal of the political organization of ... (From : Anarchy Archives.)