Hilaire Belloc Quotes
Let us then repeat and firmly fix this main point: the evil, the root evil, of that to which the term Capitalism has come to be applied, is neither its functioning for profit nor its dependence upon legally protected private property; but the presence of a Proletariat, that is of men possessing political freedom, but dispossessed of economic freedom, and existing in such large numbers in any community as to determine the tone of all that community.
Belloc, Hilaire. The Way Out. Sheed & Ward, 1933, p. 12.
The first sentence is often quoted by conservatives in defense of the capitalistic system. However most do not realize that Haldane was actually a socialist who was opposed to capitalism. They were unaware of the second sentence which would make them as unhappy as the first made them happy.
Commenting on the 1886 Knights of Labor strike.
Joseph Hilaire Pierre René Belloc was a British-French writer and historian and one of the most prolific writers in England during the early twentieth century. Belloc was also an orator, poet, sailor, satirist, writer of letters, soldier, and political activist. His Catholic faith had a strong impact on his works. He was President of the Oxford Union and later MP for Salford South from 1906 to 1910. He was a noted disputant, with a number of long-running feuds. Belloc became a naturalised British subject in 1902 while retaining his French citizenship.