Browsing By Tag "measure of value"
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...
Still more strange were my dealings with the children. In my rôle as benefactor I paid attention to the children too, wishing to save innocent beings from going to ruin in this den; and I wrote down their names in order to attend to them myself afterwards. Among these children my attention was particularly drawn to Serozha, a boy twelve years old. I sincerely pitied this clever, intelligent lad, who had been living with a bootmaker, and who was left without any place of refuge when his master was put into prison. I wished to do something for him. I will now give the result of my benevolence in his case, because this boy's story will show my false position as a benefactor better than anything else. I took the boy into my house, and lodged him in the kitchen. Could I possibly bring a lousy boy out of a den of depravity to my children? I considered that I had been very kind in having put him where he was, among my...