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Translator's Introduction
xxiii

out exception the right to life by means of work: that is, the right to labour and to the full product of his labour. If it does this, it will satisfy the most exacting demands of human nature and fulfil its social duty. But it has only one method at its disposal. It must assure to every citizen a part ownership in the means of production, which will have become collective property."

V

But to make every citizen a part owner in the capital of the community is only the first step in the process of realising social justice. The next and most pressing question is: "How shall the yearly product of this socially owned capital be divided? How can the ends of justice be best attained?"

Many answers to this question have of course been proposed, but they may all be grouped into two main schools, the Socialist proper and the Communist. I quote Menger[1]:

"But if the essence of Socialism consists only in the fact that the most important control over wealth is exercised by groups of men more or less large, instead of by individuals, we shall see that this system does not necessarily involve equal division of wealth among the citizens. The wealth destined for the immediate satisfaction of desires may, even in the Socialist State, be divided

  1. L'État Socialiste, p. 35.