That so long as no force or fraud is practised by either party, the parties themselves, to each separate contract, have the sole, absolute, and unqualified right to decide for themselves, what money, and how much of it, shall be considered a bona fide equivalent of the labor or property that is to be exchanged for it.
Lysander Spooner: “That so long as no force or fraud is practised by either party, the parties themselves, to each separate contract, have…”
Editor's note · Context
This statement asserts the right of individuals to determine the value of their exchanges without external coercion.
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They do not attempt to deceive us, or mislead us, or reconcile us to their doings, by any such pretences, impostures, or insults as these.
They do not tell us that all liberty and order would be destroyed, that society itself would go to pieces, and man go back to barbarism, if it were not for the care, and supervision, and protection, they lavish upon us.
They do not tell us of the almshouses, hospitals, schools, churches, etc., which, out of the purest charity and benevolence, they maintain for our benefit, out of the money they take from us.
On the contrary, they acknowledge themselves robbers, murderers, and villains, pure and simple.