In every revolutionary history three things are to be observed: The preceding state of affairs, which the revolution aims at overthrowing, and which becomes counter-revolution through its desire to maintain its existence. The various parties which take different views of the revolution, according to their prejudices and interests, yet are compelled to embrace it and to use it for their advantage. The revolution itself, which constitutes the solution. The parliamentary, philosophical, and dramatic history of the Revolution of 1848 can already furnish material for volumes. I shall confine myself to discussing disinterestedly certain questions which may illuminate our present knowledge. What I shall say will suffice, I hope, to explain the progress of the Revolution of the Nineteenth Century, and to enable us to conjecture its future. This is not a statement of facts: it is a speculative plan, an intellectual picture of the Revolution.
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.)