Limited Time Offer
Premium members can get their quote collection automatically imported into their Quotewise collections.
The economic principles of Modern Socialism are a logical deduction from the principle laid down by Adam Smith in the early chapters of his “Wealth o… - Benjamin Tucker
" "The economic principles of Modern Socialism are a logical deduction from the principle laid down by Adam Smith in the early chapters of his “Wealth of Nations,” — namely, that labor is the true measure of price. But Adam Smith, after stating this principle most clearly and concisely, immediately abandoned all further consideration of it to devote himself to showing what actually does measure price, and how, therefore, wealth is at present distributed. Since his day nearly all the political economists have followed his example by confining their function to the description of society as it is, in its industrial and commercial phases. 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.
English
Collect this quote
About Benjamin Tucker
Benjamin Ricketson Tucker (17 April 1854 – 22 June 1939) was a journalist, socialist, and the leading proponent of American individualist anarchism in the 19th century.
Biography information from Wikiquote
Also Known As
Alternative Names:
Benjamin Ricketson Tucker
Related quotes. More quotes will automatically load as you scroll down, or you can use the load more buttons.
Additional quotes by Benjamin Tucker
like almost all monopolists, it supplies a worthless, or nearly worthless, article; that, just as the monopolist of a food product often furnishes poison instead of nutriment, so the State takes advantage of its monopoly of defense to furnish invasion instead of protection; that, just as the patrons of the one pay to be poisoned, so the patrons of the other pay to be enslaved; and, finally, that the State exceeds all its fellow-monopolists in the extent of its villainy because it enjoys the unique privilege of compelling all people to buy its product whether they want it or not.
The Anarchists believe in the State; only they insist that the greater part, if not all, of the necessity for its existence is the result of an artificial limitation of the freedom of civil society, and that the completion of industrial freedom may one day so harmonize individuals that it will no longer be necessary to provide a guarantee of political freedom.
Try QuoteGPT
Chat naturally about what you need. Each answer links back to real quotes with citations.
Probably no agitation has ever attained the magnitude, either in the number of its recruits or the area of its influence, which has been attained by Modern Socialism, and at the same time been so little understood and so misunderstood, not only by the hostile and the indifferent, but by the friendly, and even by the great mass of its adherents themselves. This unfortunate and highly dangerous state of things is due partly to the fact that the human relationships which this movement — if anything so chaotic can be called a movement — aims to transform, involve no special class or classes, but literally all mankind; partly to the fact that these relationships are infinitely more varied and complex in their nature than those with which any special reform has ever been called upon to deal; and partly to the fact that the great moulding forces of society, the channels of information and enlightenment, are well-nigh exclusively under the control of those whose immediate pecuniary interests are antagonistic to the bottom claim of Socialism that labor should be put in possession of its own.
Loading...