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. 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.

The student of Liberty must constantly endeavor to disassociate his imagination from sanguinary dramas of assassination and revolt.

Capitalism is at least tolerable, which cannot be said of Socialism or Communism

Thus, the same blow that strikes interest down will send wages up.

One thing, however, is sure, - that in all cases the effort should be to impose all the cost of repairing the wrong upon the doer of the wrong. This alone is real justice, and of course such justice is necessarily free.

[T]he State . . . gives idle capital the power of increase, and, through interest, rent, profit, and taxes, robs industrious labor of its products.

And this is the Anarchistic definition of the State: the embodiment of the principle of invasion in an individual, or a band of individuals, assuming to act as representatives or masters of the entire people within a given area.