Its Nature, Object, and Destiny
The Revolution of February raised two leading questions: one economic, the question of labor and property; the other political, the question of government or the State. On the first of these questions the socialistic democracy is substantially in accord. They admit that it is not a question of the seizure and division of property, or even of its repurchase. Neither is it a question of dishonorably levying additional taxes on the wealthy and property-holding classes, which, while violating the principle of property recognized in the constitution, would serve only to overturn the general economy and aggravate the situation of the proletariat. The economic reform consists, on the one hand, in opening usurious credit to competition and thereby ... (From : proudhonlibrary.org.)
Proudhon, Pierre Joseph. System of Economical Contradictions: or, the Philosophy of Misery Electronic Text Center, University of Virginia Library Chapter 4 CHAPTER IV. SECOND PERIOD. -- MACHINERY. "I HAVE witnessed with profound regret the CONTINUANCE OF DISTRESS in the manufacturing districts of the country." Words of Queen Victoria on the reassembling of parliament. If there is anything of a nature to cause sovereigns to reflect, it is that, more or less impassible spectators of human calamities, they are, by the very constitution of society and the nature of their power, absolutely powerless to cure the sufferings of their subjects; they are even prohibited from paying any attention to them. Every question of labor and wages, say with one accord the economic and representative theorists, must remain outside of the attributes of po...