Browsing Untitled By Tag : mutual money

Browsing By Tag "mutual money"

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Anarchism and the State 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. Mr. Henry Appleton, one of Liberty's original editorial contributors, was obliged to cease to act in that capacity when he took a position not in harmony with that of the editor on a point of great importance, whereat he later complained, and tried to explain his view of the controversy. In answering him, Mr. Tucker dealt with some essential questions of principle: I do not admit anything except the existence of the individual, as a condition of his sovereignty. To say that the sovereignty of the individual is conditioned by Liberty is simply another way of saying that it is conditioned by itself. To condition it by the cost principle is...

Usury. [Liberty, November 26, 1881.] Paying money for the use of money is a great and barbarous wrong. It is also a stupendous absurdity. No one man can use money. The use of money involves its transfer form one to another. Therefore, as no one man can use money, it cannot be right and proper for any man to pay for the use of that which he cannot use. The people do use money; consequently, they should pay whatever the money may cost.(61 ¶ 1) Money is necessarily a thing which belongs to society. This is one of the great truths of civilization which has been generally overlooked. For this whole question of the rightfulness of interest turns on the question, What is money? So long as the people sha...

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