Wikipedia: Spooner also believed that government restrictions on issuance of private money made it inordinately difficult for individuals to obtain the capital on credit to start their own businesses, thereby putting them in a situation where "a very large portion of them, to save themselves from starvation, have no alternative but to sell their labor to others" and those who do employ others are only able to afford to pay "far below what the laborers could produce, [than] if they themselves had the necessary capital to work with."
Spooner had no clue how capital is formed. He was not fond of separation of labor but rather for each individual to be a business owner.
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