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A history of economic doctrines

Note 625 — Chapter V · : PROUDHON AND THE SOCIALISM OF 1848

R. (Robert) Richards translation

Résumé de la Question sociale, p. 29. We meet with the same idea in other passages. “Property under the influence of division of labour has become a mere link in the chain of circulation, and the proprietor himself a kind of toll-gatherer who demands a toll from every commodity that passes his way. Property is the real thief.” (Banque d’Échange, p. 166.) We must also remember that Proudhon did not consider that taking interest was always illegal. In the controversy with Bastiat he admits that it was necessary in the past, but that he has found a way of getting rid of it altogether.

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