Year: 2005

William B. Greene’s 1857 Radical Deficiency of the Existing Circulating Medium, and the Advantages of a Mutual Currency is now online in the Libertarian Labyrinth. This is the text issued during the Panic of 1857—at a time when the Greenes were actually living in France, but visiting Boston from time to time—combining elements from the 1849 Equality and the 1850 Mutual Banking, both of which have recently been added to the online version of the Blazing Star Library. I’ve also posted a fairly rough beginning to the promised Combined Edition of Mutual Banking and Equality. So far, this incorporates all […]

By 1850, the year William Batchelder Greene turned 31 and retired from the ministry, he had written, in one form or another, nearly all of his major works. He lived until 1878, and was active until about 1875, and he certainly did not stop writing, revising or organizing in support of his ideas. In 1853, in the course of the Massachusetts Constitutional Convention, questions of women’s suffrage and voter qualification would assume a new importance for him—and this line of thought would not see its full expression until after his Civil War service, in the essay “The Sovereignty of the […]

I’ve finally got Equality, the first of Greene’s mutual banking books online. This is the 1849 work largely based on those still-elusive Worcester Palladium articles. Here’s the index: EQUALITY, NO. 1. The Banking System The Usury Laws Equal Laws and Equality Before The Laws The Currency The Currency—Its Evils—And Their Remedy EQUALITY, NO. II. To the Philosophers and Politicians. Solidarity The Formula of Labor Communism—Capitalism—Socialism Socialism in Massachusetts Liberty Readers of any of the later editions of Mutual Banking should recognize the 2nd, 4th and 5th sections of No. I, and readers of this blog will recognize the 3rd section […]

A funny thing happened on the way to the modern edition of William B. Greene’s Mutual Banking. We know that with Mutual Banking, as was so often the case with Greene’s work, the editorial refinement process over the years consisted largely of whittling away at his early works, Equality (1849) and Mutual Banking (1850), cutting down towards the kernel of occasionally sprawling explorations. The editors of Proudhon’s Solution to the Social Problem, who gave us the modern edition of Mutual Banking, only continued that trend. The result is a bit peculiar. While modern critics have at times taken pains to […]