[What is Property? by P. J. Proudhon]@TWC D-Link book
What is Property?

CHAPTER IV
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This proportion was kept up in the early months of 1840; and, as I write these lines, the crisis is not yet ended.

It is said, further, that the number of houses which have wound up their business is greater than the number of declared failures.

By this flood, we may judge of the waterspout's power of suction.
The decimation of society is now imperceptible and permanent, now periodical and violent; it depends upon the course which property takes.
In a country where the property is pretty evenly distributed, and where little business is done,--the rights and claims of each being balanced by those of others,--the power of invasion is destroyed.

There--it may be truly said--property does not exist, since the right of increase is scarcely exercised at all.

The condition of the laborers--as regards security of life--is almost the same as if absolute equality prevailed among them.


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