Capital, Profits and Interest 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 study of the economic question, the first thing that must engage our attention is why the worker fails to get all of the product of his labor. Volumes have been written by economists of various schools in discussion of the problem, most of them muddling about in the mire of their own misconceptions. But the editor of Liberty went straight to the heart of the matter and quickly found the answer: Somebody gets the surplus wealth that labor produces and does not consume. Who is the Somebody? Such is the problem recently posited in the editorial columns of the New York Truth. Substantially the same question has been asked a great many times before, but,...
Fool Voters and Fool Editors. [Liberty, August 4, 1888.] Uncle Sam carries one hundred pounds of newspapers two thousand miles for two dollars, and still pays the railroad three times too much for mail service. An express company would charge twenty dollars for the same service; yet some people don’t know why all express stockholders are millionaires and the people getting poorer. In fact, some people don’t know anything at all and don’t want to. It is very unfortunate that such people have votes. —The Anti-Monopolist.(35 ¶ 1) Yes, Uncle Sam carries one hundred pounds of newspapers two thousand miles, not for two dollars, but for one dollar, pays the r...