Pierre-Joseph Proudhon (n.) dreamed up the enormity of interest-free credit, wanting commodity production to continue while money was abolished.
6 definitions
Pierre-Joseph Proudhon (n.) abolishes economic estrangement within economic estrangement: his 'equal possession' is still an estranged, economic way of saying that a thing which exists for me is at the same time my relation to other people.
Pierre-Joseph Proudhon (n.) offers selling at cost as the socialist secret — which does not abolish surplus labour but only hands the worker's unpaid hours to the buyer instead of the manufacturer.
Pierre-Joseph Proudhon (n.) saw in the Bank's swollen powers the moment for it to shed its snakeskin and become a people's bank — a glance across the Channel would have shown him a very normal bourgeois event.
Pierre-Joseph Proudhon (n.) never penetrated how a hat-maker can sell at value and still profit — so he blamed interest for the worker's inability to buy back his product.
Pierre-Joseph Proudhon (n.) took the human semblance of economic relations seriously, and so forced them either to become what they pretend to be or to confess their real inhumanity.