Revolt Library >> Browsing by Tag "bank"
From: [Freiheit, September 13, 1884] Since we believe that the propaganda of action is of use, we must be prepared to accept whatever attendant circumstances it involves. Everyone now knows, from experience, that the more highly placed the one shot or blown up, and the more perfectly executed the attempt, the greater the propagandistic effect. The basic preconditions of success are methodical preparation, deception of the enemy in question and the overcoming of any obstacles that stand between the one who is to carry out the deed and the enemy. The expense incurred by such undertakings is, as a rule, quite considerable. Indeed, one could go so far as to say that the possibility of such an action succeeding usually depends on whether the fin... (From : Anarchy Archives.)
DAR-FR. DAR-FR, or the Country of Fr," more commonly called Darfur, by fuzing the two words in a similar fashion to that in which the French say "Angleterre," instead of "Pays des Anglais," is the region which stretches west of Kordofn on the route to the river Niger. Dar-Fr does not entirely belong to the Nile basin. Its western slope, which has as yet been explored but by few travelers, appears to lose its waters in depressions with no outlet; but if the rainfall were sufficiently abundant the wadies of this region, changed into permanent watercourses, would ultimately reach Lake Tsad. The streams draining in the direction of the Nile also run dry in the plains, except in the season of the kharif, when the streamlets rising in the souther... (From : Anarchy Archives.)
General Idea of the Revolution in the Nineteenth Century by Pierre-Joseph Proudhon First Study. Reaction Causes Revolution. | Contents | Third Study. The Principle of Association. Second Study. Is there Sufficient Reason for Revolution in the Nineteenth Century? 1. Law of Tendency in Society. The Revolution of 1789 has done only half its work. A revolution is an act of sovereign justice, in the order of moral facts, springing out of the necessity of things, and in consequence carrying with it its own justification; and which it is a crime for the statesman to oppose it. That is the proposition which we have established in our first study. Now the question is to discover whether the idea which stands out as the formula of the revolution is not chimerical; whether its object is real; whether a...
Written: August 1874; Source: Bakunin on Anarchy, translated and edited by Sam Dolgoff, 1971. Bakunin was above all preoccupied with the theory and practice of revolution and wrote very little about how the everyday practical problems of social reconstruction would be handled immediately following a successful revolution. Nevertheless, these problems were intensively discussed in Bakunins circle and among the anti-authoritarian sections of the International. In Ideas on Social Organization, Guillaume discusses the transition from capitalism to anarchism a synthesis of Bakuninist ideas on how this transition could be effected without the restoration of authoritarian institutions. Its value lies not in the specific recommendations (most of t... (From : Marxists.org.)
Necessity for a Standard of Value Excerpted from the book; Individual Liberty: Selections From the Writings of Benjamin R. Tucker Vanguard Press, New York, 1926 Kraus Reprint Co., Millwood, NY, 1973. In the early 90's, the Galveston News had on its staff an exceptionally able and clear-thinking editorial writer. Liberty frequently reprinted his editorials. Concerning one on "The Functions of Money" Mr. Tucker wrote the following article for the News: I entirely sympathize with your disposal of the Evening Post's attempt to belittle the function of money as a medium of exchange; but do you go far enough when you content yourself with saying that a standard of value is highly desirable? Is it not absolutely necessary? Is money possible without it? If no standard is definitely adopted, and then if pape...
Where We Stand [Liberty, August 19. 1882.] Mr. B. W. Ball writes the best articles that appear in the Index, which is not saying much, and among the best that appear in any of the weeklies, which is saying a good deal. We were the more gratified, therefore, to find him treating in a recent number the incipient, but increasing, opposition to the existence of the State. He at least is clear-sighted enough not to underrate the importance of the advent into social and political agitation of so straightforward, consistent, unterrified, determined, and, withal, philosophically rooted a factor as modern Anarchism, although his editorial chief, Mr. Underwood, declares that the issue which the Anarchists present admits of no discussion.(11 1)...
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 Circulation of Capital, Not Capital Itself, Gives Birth to Progress Thus it is with interest on capital, legitimate when a loan was a service rendered by citizen to citizen, but which ceases to be so when society has acquired the power to organize credit gratuitously for everybody. This interest, I say, is contradictory in its nature, in that, on the one hand, the service rendered by the lender is entitled to remuneration, and that, on the other, all wages suppose either a production or a sacrifice, which is not the case with a loan. The revolution which is effected in the legi... (From : Anarchy Archives.)
Fellow Laborers, Brothers, Sisters, of the Great Human Family: 'I APPEAR before you not as a silver tongued speaker to tickle your fancies, please your conceits, or to call forth your applause by lofty flights of oratory; but as a cool and and deliberate sympathizer in your labors, sufferings, hopes and fears; as one who for years has studied to find out what the matter is in this favored land, that possesses all the elements of prosperity of all other countries in the world; that there can be at the same time creaking warehouses, burdened by the surplus products, and also millions starving. Mothers agonizing for their children who cry for bread they have not to give; fathers desperate and ready for almost anything that promises redress. I ... (From : RevoltLib.com.)