Browsing By Tag "supply and demand"
Parsons, Albert Richard. Anarchism: Its Philosophy and Scientific Basis as defined by some of its apostles. Chicago, Mrs. A. R. Parsons [c1887]. CHAPTER IV. CAPITALISM-ITS ORIGIN AND DEVELOPMENT IN EUROPE. The wage system of labor is a despotism It is coercive and arbitrary. It compels the wage-worker, under a penalty of hunger, misery and distress of wife and children to obey the dictation of the employer. The individuality and personal liberty of the, wage-worker, and those dependent upon him is destroyed by the wage-system. A republican form of government does not alter the class servitude of the wage-worker. While governments are necessarily despotic--they may differ in degree. But all governments based upon the wage-labor system are essentially the same. The government of the United States, based upon the wage-labor system, does not, and cannot guarantee the inalienable right of the wage-workers to "life, liberty an...
The Sole Factors and Exact Ratios in its Acquirement and Apportionment. In proceeding toward any given point, there is always one line which is shortest—THE STRAIGHT: so, in the conduct of human affairs, there is always one course which is best—THE JUST. BY J. K. 1 N C A L L S. 12mo, 320pp., large type, good paper, silk cloth, $1. CONTENTs.-Economic Schools—A Brief Review of their Qrigin and Growth; Rise and Growth of Capitalism; Unearned Increase—Profit; Interest, Rent; Conservation of Wealth; Tools and Improved Machinery; The Nature of Wages; Pri: Yate and Social Wealth ; Land Ownership; Private Property in Land; Capital and the Productive Factors; Partnership and Cooperation; Law of Contracts; Money and Credit; Of... (From : Google Books.)
Still in the Procrustean Bed. [Liberty, February 12, 1887.] Continuing his controversy with me regarding the logic of the principle of liberty, Mr. Pinney of the Winsted Press says:(31 ¶ 1) There is no analogy between prohibition and the tariff; the tariff prohibits no man from indulging his desire to trade where he pleases. It is simply a tax. It is slightly analogous to a license tax for the privilege of selling liquor in a given territory, but prohibition, in theory if not in practice, is an entirely different matter.(31 ¶ 2) This is a distinction without a difference. The so-called prohibitory liquor la...
Proudhon, Pierre Joseph. System of Economical Contradictions: or, the Philosophy of Misery Electronic Text Center, University of Virginia Library 3. -- Application of the law of proportionality of values. Every product is a representative of labor. Every product, therefore, can be exchanged for some other, as universal practice proves. But abolish labor, and you have left only articles of greater or less usefulness, which, being stamped with no economic character, no human seal, are without a common measure, -- that is, are logically unexchangeable. Gold and silver, like other articles of merchandise, are representatives of value; they have, therefore, been able to serve as common measures and mediums of exchange. But the special function which custom has allotted to the precious metals, -- that of serving as a commercial agent, -- is purely conventional, and any other article...