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.
Government is the assumption of authority over a given area and all within it, exercised generally for the double purpose of more complete oppression of its subjects and extension of its boundaries.
First, then, State Socialism, which may be described as the doctrine that all the affairs of men should be managed by the government, regardless of individual choice.
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.
Socialism, on the contrary, extends its function to the description of society as it should be, and the discovery of the means of making it what it should be.
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 Anarchists are simply unterrified Jeffersonian Democrats. They believe that ‘the best government is that which governs least,’ and that which governs least is no government at all.
An Anarchist is anyone who denies the necessity and legitimacy of government; the question of his methods of attacking it is foreign to the definition.
Anarchism may be described as the doctrine that all the affairs of men should be managed by individuals or voluntary associations, and that the State should be abolished….. Nor does the Anarchistic scheme furnish any code of morals to be imposed upon the individual. “
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.
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