Summary

Portrait of Richard T. Ely Richard T. Ely French and German Socialism in Modern Times

First, communism is based on property—not the property of an individual, but of the community. We have in it, consequently, the same kind of slavery as in our present society, save that we have many masters instead of one. “The members of a community, it is true, have nothing which is individual; but the community is proprietor, and proprietor not only of goods, but of persons and of wills. It is according to this principle of sovereign property that in every community labor, which ought to be for man only a condition imposed by nature, became a human command, and thereby odious.”
Source: Gutenberg

Portrait of Richard T. Ely Richard T. Ely French and German Socialism in Modern Times

The promises held out by agitators to the masses now are: equal rights for all, no monopolies, liberty and equality for the people. Liberalism itself has paved the way to communism. The right of coalition among laborers for their own interests, liberty of the press, the extension of the suffrage, together with the facility of rapid and cheap inter-communication by post and telegraph, afford laborers the means for united action where their interests are at stake. The working-man of our day has a consciousness of his own power quite unparalleled by any of his compeers in former ages.
Source: Gutenberg

Portrait of Richard T. Ely Richard T. Ely French and German Socialism in Modern Times

The laborer would gladly work without recourse to the capitalist, but he has not the means, the instruments with which to produce. He must accede to the terms of the capitalist or starve. The capitalist goes on the market and finds there the commodity, labor, for which he pays its value in exchange, as for any other commodity. But value in use does not depend upon value in exchange. The value in use of labor to the capitalist is all that he can squeeze out of it. The capitalist pockets the surplus value, and it becomes capital, enabling him to continue and enlarge his process of exploitation.
Source: Gutenberg

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