Frederic Bastiat was a French economist and statesman. During and after the Revolution in 1848, he warned of the inevitable degeneration of socialism into communism in The Law. Previous Bastiat posts can be found here.
From The Law:
plunder must be settled once and for all, and there are only three ways to settle it:
- The few plunder the many.
- Everybody plunders everybody.
- Nobody plunders anybody.
We must make our choice among limited plunder, universal plunder, and no plunder. The law can follow only one of these three.
Limited legal plunder: This system prevailed when the right to vote was restricted. One would turn back to this system to prevent the invasion of socialism.
Universal legal plunder: We have been threatened with this system since the franchise was made universal. The newly enfranchised majority has decided to formulate law on the same principle of legal plunder that was used by their predecessors when the vote was limited.
No legal plunder: This is the principle of justice, peace, order, stability, harmony, and logic. Until the day of my death, I shall proclaim this principle with all the force of my lungs (which alas! is all too inadequate).