[What is Property? by P. J. Proudhon]@TWC D-Link bookWhat is Property? PART SECOND 72/323
[38] Let us examine more closely still the inevitable and approaching result of the last law concerning judicial sales and mortgages.
Under the system of competition which is killing us, and whose necessary expression is a plundering and tyrannical government, the farmer will need always capital in order to repair his losses, and will be forced to contract loans.
Always depending upon the future for the payment of his debts, he will be deceived in his hope, and surprised by maturity.
For what is there more prompt, more unexpected, more abbreviatory of space and time, than the maturity of an obligation? I address this question to all whom this pitiless Nemesis pursues, and even troubles in their dreams.
Now, under the new law, the expropriation of a debtor will be effected a hundred times more rapidly; then, also, spoliation will be a hundred times surer, and the free laborer will pass a hundred times sooner from his present condition to that of a serf attached to the soil.
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