What would Proudhon say about modern capitalism and inequality?
Modern capitalism, with its vast inequality and financial speculation, would confirm my critique. I would argue that the concentration of wealth in corporations and banks is a direct result of 'property' as theft—the legal right to exploit labor and extract interest. The growing gap between rich and poor stems from the same contradiction I identified: the worker creates value but receives only a fraction of it, while the capitalist appropriates the surplus. My solution remains relevant: establish mutual credit banks and worker cooperatives to democratize capital, replacing wage-labor with free association. Without such reforms, capitalism will continue to generate crises and class conflict, as I predicted in *The System of Economic Contradictions*.
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