The larger the unit of capital present, the easier the transaction called emission of credit. Centralized lending of this kind (which is today universal) actively promotes the absorption of the small man by the great, the reduction of small property owners to a proletarian condition.
Hilaire BellocThe old freedom sufficiently survives in the mind of the wage earner to give him the illusion that, while accepting insurance and maintenance from the capitalist state, he can still be a full citizen. He thinks he can have his cake and eat it too. He is mistaken. The great capitalists who procured these regulations from the politicians knew what they were at. They were catching their proletariat in a net, and now they hold it fast.
Hilaire BellocCommunism worked honestly by officials devoid of human frailties and devoted to nothing but the good of its slaves, would have certain manifest material advantages as compared with a proletarian wage-system where millions live in semi-starvation, and many millions more in permanent dread thereof. But even if it were administered thus Communism would only produce its benefits through imposing slavery.
Hilaire BellocOwnership is not a general feature of our society, determining its character. On the contrary, dependence on a precarious wage at the will of others is the general feature of our society.
Hilaire BellocWill not perhaps the temporal power of Islam return and with it the menace of an armed Mohammedan world, which will shake off the domination of Europeans - still nominally Christian - and reappear as the prime enemy of our civilization? The future always comes as a surprise, but political wisdom consists in attempting at least some partial judgment of what that surprise may be. And for my part I cannot but believe that a main unexpected thing of the future is the return of Islam.
Hilaire Belloc