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 1. -- Opposition between FACT and RIGHT in social economy. I AFFIRM the REALITY of an economic science. This proposition, which few economists now dare to question, is the boldest, perhaps, that a philosopher ever maintained; and the inquiries to follow will prove, I hope, that its demonstration will one day be deemed the greatest effort of the human mind. I affirm, on the other hand, the absolute certainty as well as the progressive nature of economic science, of all the sciences in my opinion the most comprehensive, the purest, the best supported by facts: a new proposition, which alters this science into logic or metaphysics in concreto, and radically changes the basis of ancient philosophy. In other words,...
I have never since experienced such a feeling of compassion towards men and of aversion towards myself, as I felt in Liapin's house. I was now filled with the desire to carry out the scheme I had already begun and to do good to the men whom I had met. And, strange to say, though it might seem that to do good and to give money to those in want of it was a good deed, and ought to dispose men to universal love, it turned out quite the reverse; calling up in me bitter feelings and disposition to censure them. Even during our first tour a scene occurred similar to that in Liapin's house; but it failed to produce again the same effect and created a very different impression. It began with my finding in one of the lodgings a miserable person who required immediate help,—a woman who had not eaten food for two days. It happened thus: In one very large and almost empty night-lodging, I asked an old woman whether there were any poor people who had not...