As for governments, they will always exceed this limit,--first, because
for a government there exists no moral sense of justice; and secondly,
because, as everyone knows, every government is always in the greatest
want of money, through wars and the necessity of giving gratuities to
their allies. All governments are insolvent, and involuntarily follow a
maxim expressed by a Russian statesman of the eighteenth century,--that
the peasant must be sheared of his wool lest it grow too long. All
governments are hopelessly in debt, and this debt on an average (not
taking in consideration its occasional diminution in England and
America) is growing at a terrible rate. So also grow the budgets; that
is, the necessity of struggling with other extortioners, and of giving
presents to those who assist in extortion, and because of that grows the
land rent.
Wages do not increase, not because of the law of rent, but because
taxes, collected with violence, exist, with the object of taking away
from men their superfluities, so that they may be compelled to sell
their labour to satisfy them,--utilizing their labour being the aim of
raising the taxes.
And their labour can only be utilized when, on a general average, the
taxes required are more than the labourers are able to give without
depriving themselves of all means of subsistence. The increase of wages
would put an end to the possibility of slavery; and therefore, as long
as violence exists, wages can never be increased. The simple and plain
mode of action of some men towards others, political economists term
_the iron law_; the instrument by which such action is performed, they
call a medium of exchange; and money is this inoffensive medium of
exchange necessary for men in their transactions with each other.
Why is it, then, that, whenever there is no violent demand for money
taxes, money in its true signification has never existed, and never can
exist; but, as among the Fiji-Islanders, the Phoenicians, the Kirghis,
and generally among men who do not pay taxes, such as the Africans,
there is either a direct exchange of produce, sheep, hides, skins, or
accidental standards of value, such as shells?
A definite kind of money, whatever it may be, always becomes not a means
of exchange, but a means of ransoming from violence; and it begins to
circulate among men only when a definite standard is compulsorily
required from all.
It is only then that everybody wants it equally, and only then does it
receive any value.
Public-domain text, read in full here on John Shaqi.
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