52/90 The Fourierists--as far as I have been able to learn from a few of their pamphlets--deny the right of occupancy, and recognize no basis of property save labor. Starting with a like premise, they would have seen--had they reasoned upon the matter--that capital is a source of production to its proprietor only by virtue of the right of occupancy, and that this production is therefore illegitimate. Indeed, if labor is the sole basis of property, I cease to be proprietor of my field as soon as I receive rent for it from another. This we have shown beyond all cavil. It is the same with all capital; so that to put capital in an enterprise, is, by the law's decision, to exchange it for an equivalent sum in products. |