The Economics of Anarchy A Study of the Industrial Type (1890) by Dyer D. Lum (1839-1893)

“According to the etymology of the word, anarchy would mean absence of all government, of all political authority. *** Anarchy is nothing but self-government carried to its extremist limits, and the last step in the progress of human reason. *** Politics, as hitherto understood, would have no further raison d’être, and An-archy, that is to say, the disappearance of all political authority, would be the result of this transformation of human society in which all questions to be solved would have a purely economic character. Long ago J. B. Say advanced the opinion that the functions of the state should be reduced to the performance of police duties. [Online editor’s note: Actually Say may have gone farther. – RTL] If so reduced there would be but one step needed to reach the An-archy of M. Proudhon – suppression of the police power.” – Lalor’s Cyclopædia of Political Science


I have repeatedly been asked to write a brief summary of the aims sought by Anarchists which could be read and discussed in the various clubs that are studying economic questions. With this end in view the following pages are submitted, trusting that they may be a help to those who are earnestly seeking the rationale of the Labor Question.
D. D. L.

I. INTRODUCTION.
II. FUNDAMENTAL PRINCIPLES.
III. FREE LAND.
IV. FREE LABOR.
V. FREE CAPITAL.
VI. FREE EXCHANGE.
VII. MUTUAL CREDIT.
VIII. EMANCIPATION OF CREDIT.
IX. INDUSTRIAL ECONOMICS.
X. INSURANCE, OR SECURITY.
XI. DIGRESSION ON METHODS.

New York: Twentieth Century Publishing Co.


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