Capital will be set free, business will flourish, new enterprises will start, labor will be in demand, and gradually the wages of labor will rise to a level with its product.
Almost the only persons who may be said to comprehend even approximately the significance, principles, and purposes of Socialism are the chief leaders of the extreme wings of the Socialistic forces, and perhaps a few of the money kings themselves.
For, just as it has been said that there is no half-way house between Rome and Reason, so it may be said that there is no half-way house between State Socialism and Anarchism.
It is because peaceful agitation and passive resistance are effective that I uphold them, and it is because force strengthens tyranny that I condemn it. War and Authority are companions.
It is not competition, but monopoly, that deprives labor of its product. Destroy the banking monopoly, establish freedom in finance, and down will go interest on money through the beneficent influence of competition.
The two principles referred to are Authority and Liberty, and the names of the two schools of Socialistic thought which fully and unreservedly represent one or the other of them are, respectively, State Socialism and Anarchism.
Therefore coercion of the non-invasive, when justifiable at all, is to be justified on the ground that it secures, not a minimum of ‘ invasion, but a minimum of pain.
I define Anarchism as the belief in the greatest amount of liberty compatible with equality of liberty; or, in other words, as the belief in every liberty except the liberty to invade.
Anarchism is for liberty, and neither for nor against anything else. Anarchy is the mother of co-operation, yes, just as liberty is the mother of order; but, as a matter of definition, liberty is not order nor is Anarchism co-operation.
If I can go through life free and rich, I shall not cry because my neighbor, equally free, is richer. Liberty will ultimately make all men rich; it will not make all men equally rich.
