Note 541 — Chapter III · : THE ASSOCIATIVE SOCIALISTS
R. (Robert) Richards translation
“Industrialism is the latest scientific illusion.” (Quatre Mouvements, p. 28.) We must also draw attention to his suggestion for co-operative banks, where agriculturists could bring their harvest and obtain money in exchange for it—a rough model of the agricultural credit banks. But he only regarded this as a step towards the Phalanstère.