Browsing By Tag "loans"
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.)
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 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 come... (From : RevoltLib.com.)
The Manifesto of the Sixteen From various sides, voices are raised to demand immediate peace. There has been enough bloodshed, they say, enough destruction, and it is time to finish things, one way or another. More than anyone, and for a long time, we and our journals have been against every war of aggression between peoples, and against militarism, no matter what uniform, imperial or republican, it dons. So we would be delighted to see the conditions of peace discussed—if that was possible—by the European workers, gathered in an international congress. Especially since the German people let itself be deceived in August 1914, and if they really believed that they mobilized for the defense of their territory, they have since had ... (From : Libertarian-Labyrinth, http://libertarian-labyrint....)
English translation by Charlotte Anheier Erinnerungen eines Proletariers aus der (Memoirs of a proletarian from the revolutionary labor movement) Josef Peukert From My Youth The memories of my youth are depressing images of the proletariat which exists in different forms in all modern societies. A bitter longing and deprivation surrounded the untimely death of my mother from the awful proletarian's illness, which has affected a fifth of the civilization of my hometown. Although the whole district in the Isergebirge, had become somewhat of a health resort for "Schwindsuechtige". The glass industry, which provided work for a tenth of the civlization in the mountains and valleys surrounding my home town, divided the workers into those who blew... (From : Anarchy Archives.)
A NEW BANKING SYSTEM THE NEEDFUL CAPITAL FOR REBUILDING THE BURNT DISTRICT By LYSADNER SPOONER. BOSTON: SOLD BY A. WILLIAMS & CO. 135 WASHINGTON SREET 1873 Entered according to Act of Congress, in the year 1873, By LYSANDER SPOONER, In the office of the Librarian of Congress, at Washington. Printed by WARREN RICHARDSON, 112 Washington St. C O N T E N T S. CHAPTER I. A New Banking System CHAPTER II. Specie Payments CHAPTER III. No Inflation Prices CHAPTER IV. Security of the System CHAPTER V. The System as a Credit System CHAPTER VI. Amount of Currency Needed CHAPTER VII. Importance of the System to Massachusetts, CHAPTER VIII. The True Character of the "National" System CHAPTER IX. Amasa Walker's Opinion of the Author's System The... (From : Anarchy Archives.)
No Treason VI Lysander Spooner Table of Contents No Treason. No. VI.: The Constitution of No Authority. I. II. III. Iv V VI. VII. VIII. IX. X. XI. XII. XIII. XIV. XV. XVI. XVII. XVIII. XIX. Appendix. Entered according to Act of Congress, in the year 1870, By LYSANDER SPOONER, in the Clerk's Office of the District Court of the United States, for the District of Massachusetts. The first and second numbers of this series were published in 1867. For reasons not necessary to be explained, the... (From : Anarchy Archives.)
Lysander Spooner, Poverty: Its Illegal Causes and Legal Cures. Boston: Bela Marsh, No. 25 Cornhill. 1846. CHAPTER 1: ILLEGAL CAUSES OF POVERTY The existing poverty would be rapidly removed, and future poverty almost entirely prevented, a more equal distribution of property than now exists accomplished, and the aggregate wealth of society greatly increased, if the principles of natural law, and of our national and state constitutions generally, were adhered to by the judiciary in their decisions in regard to contracts. These principles are violated by the judiciary in various ways, to wit: 1. In a manner to uphold arbitrary and unconstitutional statutes against freedom in banking, and freedom in the rate of interest; thus denying the natural and constitutional right of the people to make two classes of contracts, which will hereafter be shown to be of vital importance, both to the general increase and to the more equal...
Ever since the beginning of the European conflagration, the whole human race almost has fallen into the deathly grip of the war anesthesis, overcome by the mad teaming fumes of a blood soaked chloroform, which has obscured its vision and paralyzed its heart. Indeed, with the exception of some savage tribes, who know nothing of Christian religion or of brotherly love, and who also know nothing of dreadnaughts, submarines, munition manufacture and war loans, the rest of the race is under this terrible narcosis. The human mind seems to be conscious of but one thing, murderous speculation. Our whole civilization, our entire culture is concentrated in the mad demand for the most perfected weapons of slaughter. Ammunition! Ammunition! O, Lord, th... (From : University of Berkeley.)
This essay is contained in the book Anarchismus, Kommunismus, und Sozialismus (Anarchism, Communism, and Socialism) by Karl Diehl. Essay Six: The Theory of Anarchism Anarchism The Theory of Anarchism Why is it that in times of late Anarchy suits me so well? Each lives in pursuit of his wishes, That is also my goal. I leave to each his endeavors, In order that I might be able to pursue mine. In these verses, Goethe has characterized the essence of the anarchist movement in a strikingly accurate manner. Anarchism intends to create a society in which there is the greatest possible human freedom. To begin with, two sorts of prevalent errors regarding the means and intents of the anarchists must be dispelled. The anarchist movement is often mixe... (From : Anarchy Archives.)
Dedicated As my last contribution before going to Jefferson City, Mo., prison for two years, to the Boylsheviki in Russia in appreciation of their glorious work and their insiration in awakening Boylshevism in America. MOTHER EARTH PUBLISHING ASS'N 4 JONES STREET, NEW YORK And yet it is of the utmost importance that the people in America should understand the true meaning of the Boylsheviki, their origin, and the historic background which makes their position and their challenge to the world so significant to the masses. Boylsheviki is the plural term for those revolutionists in Russia who represent the interests of the largest social groups, and who insist upon the maximum social and economic demands for those groups. At a Social Democrati... (From : Anarchy Archives.)
The spectacle presented at this moment by Europe is deplorable enough but withal particularly instructive. On the one hand, diplomatists and courtiers hurrying hither and thither with the increased activity which displays itself whenever the air of our old continent begins to smell of powder. Alliances are being made and unmade, with much chaffering over the amount of human cattle that shall form the price of the bargain. "So many million head on condition of your house supporting ours; so many acres to feed them, such and such seaports for the export of their wool." Each plotting to overreach his rivals in the market. That is what in political jargon is known as diplomacy. [NOTE. -- While it will be understood that the political situation ... (From : Anarchy Archives.)
I. INDUSTRIAL COMPETITION In 1883, when England, Germany, Austria, and Romania, taking advantage of the isolation of France, leagued themselves against Russia, and a terrible European war was about to blaze forth, we pointed out in the Révolté what were the real motives for rivalry among States and the wars resulting therefrom. The reason for modern war is always the competition for markets and the right to exploit nations backward in industry. In Europe we no longer fight for the honor of kings. Armies are pitted against each other that the revenues of Messrs. Almighty Rothschild, of Schneider, of the Most Worshipful Company of Anzin, or of the most Holy Catholic Bank of Rome may remain unimpaired. Kings are no longer of any ... (From : Anarchy Archives.)