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 BellocMatilda told such dreadful lies, It made one gasp and stretch one's eyes Her aunt, who, from her earliest youth, Had kept a strict regard for truth, Attempted to believe Matilda The effort very nearly killed her.
Hilaire BellocIt was the Faith which gradually and indirectly transformed the slave into the serf, and the serf into the free peasant... You will not be able to set up in a pagan or an heretical or a wholly indifferent society the institutions characteristic of economic freedom; you will not be able to curb competition which alone would be sufficient to destroy such freedom, nor pursue permanently and consecutively any one part of the program. The thing must be done as a whole, and it can be done as a whole only by the ambient influence of Catholicism.
Hilaire Belloc