Anarchism in The United States - Notable Anarchists - Benjamin Tucker

Benjamin Tucker

Benjamin Tucker, being influenced by Warren (whom he credits as being his "first source of light"), Greene, Heywood, Proudhon's mutualism, and Stirner's egoism, is probably the most famous of the American individualists. Tucker defined anarchism as "the doctrine that all the affairs of men should be managed by individuals or voluntary associations, and that the State should be abolished" (State Socialism and Anarchism).

Like the individualists he was influenced by, he rejected the notion of society being a thing that has rights, insisting that only individuals can have rights. And, like all anarchists, he opposed the governmental practice of democracy, as it allows a majority to decide for a minority. Tucker's main focus, however, was on economics. He opposed profit, believing that it is only made possible by the "suppression or restriction of competition" by government and vast concentration of wealth.

He believed that restriction of competition was accomplished by the establishment of four "monopolies": the banking/money monopoly, the land monopoly, the tariff monopoly, and the patent and copyright monopoly - the most harmful of these, according to him, being the money monopoly. He believed that restrictions on who may enter the banking business and issue currency, as well as protection of unused land, were responsible for wealth being concentrated in the hands of a privileged few.