Chapter 1: The Nature of Economic Activity

1. A Contribution to the Critique of the Concept of ‘Economic Activity’

Economic Science originated in discussion of the money price of goods and services. Its first beginnings are to be found in inquiries about coinage, which developed into investigations of price movements. Money, money prices, and everything concerned with calculation in terms of money — these form the problems in the discussion of which the science of Economics emerged. Those attempts at economic inquiry, which are discernible in works on household management and the organization of production — particularly agricultural — did not develop further in this direction.

Chapter 4: The Social Order and the Family

1. Socialism and the Sexual Problem

Proposals to transform the relations between the sexes have long gone hand in hand with plans for the socialization of the means of production. Marriage is to disappear along with private property, giving place to an arrangement more in harmony with the fundamental facts of sex. When man is liberated from the yoke of economic labour, love is to be liberated from all the economic trammels which have profaned it. Socialism promises not only welfare — wealth for all — but universal happiness in love as well. This part of its programme has been the source of much of its popularity.

2. Man and Woman in the Age of Violence

Recent ethnographical and historical research has provided a wealth of material on which to base a judgment of the history of sexual relations, and the new science of psycho-analysis has laid the foundations for a scientific theory of sexual life. So far sociology has not begun to understand the wealth of ideas and material available from these sources. It has not been able to restate the problems in such a way that they are adjusted to the questions that should be its first study to-day.

3. Marriage Under the Influence of the Idea of Contract

Nowadays only one opinion is expressed about the influence which the ‘economic’ has exercised on sexual relations; it is said to have been thoroughly bad. The original natural purity of sexual intercourse has, according to this view, been tainted by the interference of economic factors. In no field of human life has the progress of culture and the increase of wealth had a more pernicious effect.

4. Problems of Married Life

In the modern contractual marriage, which takes place at the desire of husband and wife, marriage and love are united. Marriage appears morally justified only when it is concluded for love; without love between the bridal couple it seems improper. We find strange those royal weddings which are arranged at a distance, and in which, as in most of the thinking and acting of the ruling Houses, the age of violence is echoed.

5. Free Love

Free love is the socialist’s radical solution for sexual problems. The socialistic society abolishes the economic dependence of woman which results from the fact that woman is dependent on the income of her husband. Man and woman have the same economic rights and the same duties, as far as motherhood does not demand special consideration for the woman. Public funds provide for the maintenance and education of the children, which are no longer the affairs of the parents but of society. Thus the relations between the sexes are no longer influenced by social and economic conditions.

6. Prostitution

The communist manifesto declares that the ‘complement’ of the ‘bourgeois family’ is public prostitution. ‘With the disappearance of capital’ prostitution would also disappear.1  A chapter in Bebel’s book on woman is headed ‘Prostitution, a necessary social institution of the bourgeois world’.

Testosterone and the Madness of Central Bankers

The stock market is at all-time highs. Argentina, a serial defaulter just sold $2.75 billion worth of debt with a 100-year maturity. Commercial real estate is booming again. All of this irrational exuberance while the world’s government’s are over indebted, economies are punk, and hostilities are prevalent everywhere.

Are memories too short? Or testosterone too high? Therese Huston, cognitive psychologist at Seattle University, writes for The New York Times,