Individualism, then, accomplishes the task that the sentimentalists of our day would entrust to brotherhood, to self-sacrifice, or to some other motive opposed to self-love.
Category: Catallactics
PRODUCER AND CONSUMER
His greatest compensation consists in this fact: even as he was forced to benefit mankind by his progress, so he benefits from the progress of mankind.
PRODUCER AND CONSUMER
It is not a matter of dividing the human race into two parts, but of studying two very different aspects of man.
ON VALUE.
Value, then, is in the service, since value changes as the service does and in the same degree.
EXCHANGE.
We should understand that value does not consist in the want or the obstacle or the effort, but in the satisfaction;
EXCHANGE.
Take from some to give to others! I know that this is the way things have been going for a long time.
EXCHANGE.
In the state of isolation, one man’s prosperity is inimical to that of all others.
EXCHANGE.
Consequently, laws that limit exchange are always either harmful or unnecessary.
EXCHANGE.
They have been able to give him pieces of money because they themselves had rendered services.
EXCHANGE.
Exchange produces two phenomena: the joining of men’s forces and the diversification of their occupations, or the division of labor.
EXCHANGE.
In the state of isolation, our wants exceed our productive capacities.
In society, our productive capacities exceed our wants.
WANTS, EFFORTS, SATISFACTIONS.
And besides, am I betraying my trust when I reflect on the causes of the storm and strive to act accordingly?
NATURAL AND ARTIFICIAL SOCIAL ORDER
It is a far cry from a social order founded on the general laws of humanity to an artificial, contrived, and invented order that does not take these laws into account or denies them or scorns them—an order, in a word, such as some of our modern schools of thought would, it seems, impose upon us.
PROTECTIONISM AND COMMUNISM
Any citizen who has created or acquired a product must have the option of either using it immediately or selling it to another person on the earth’s surface who is free to give him in exchange the object of his preference.
PROPERTY AND PLUNDER
Do this for me and I will do that for you. This is very trivial and common but is nonetheless the beginning, the middle, and the end of political economy.
10. – THE SPANISH ASSOCIATION FOR THE DEFENSE OF NATIONAL EMPLOYMENT AND THE BIDASSOA BRIDGE.
One of the characteristics of truth is universality.
IV. – EQUALIZING THE CONDITIONS OF PRODUCTION.
In this way, the generosity of nature, like the advances made in production processes, is or constantly tends to become the common and free heritage of consumers, the masses, and the human race, in accordance with the law of competition.
I. – ABUNDANCE AND SCARCITY
Mankind’s wealth lies in the abundance of things.