From the moment when labour can no longer be converted into capital, money, or rent, into a social power capable of being monopolized, i.e., from the… - Friedrich Engels

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From the moment when labour can no longer be converted into capital, money, or rent, into a social power capable of being monopolized, i.e., from the moment when individual property can no longer be transformed into bourgeois property, into capital, from that moment, you say individuality vanishes.

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About Friedrich Engels

(November 28, 1820 – August 5, 1895) was a 19th-century German philosopher, social scientist, and journalist. He created Marxist theory together with Karl Marx. In 1845, he published The Condition of the Working Class in England, based on personal observations and research in . In 1848, he co-authored The Communist Manifesto with Marx, and he also authored and co-authored (primarily with Marx) many other works. He later supported Marx financially to do research and write . After Marx's death, Engels edited the second and third volumes. Additionally, Engels organised Marx's notes on the , which he later published as the "fourth volume" of Capital.

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Alternative Names: Frederick Engels
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Additional quotes by Friedrich Engels

In all probability, the proletarian revolution will transform existing society gradually and will be able to abolish private property only when the means of production are available in sufficient quantity. What will be the course of this revolution? Above all, it will establish a democratic constitution, and through this, the direct or indirect dominance of the proletariat.

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What will be the consequences of the ultimate disappearance of private property? Society will take all forces of production and means of commerce, as well as the exchange and distribution of products, out of the hands of private capitalists and will manage them in accordance with a plan based on the availability of resources and the needs of the whole society. In this way, most important of all, the evil consequences which are now associated with the conduct of big industry will be abolished. There will be no more crises; the expanded production, which for the present order of society is and hence a prevailing cause of misery, will then be insufficient and in need of being expanded much further. Instead of generating misery, overproduction will reach beyond the elementary requirements of society to assure the satisfaction of the needs of all; it will create new needs and, at the same time, the means of satisfying them. It will become the condition of, and the stimulus to, new progress, which will no longer throw the whole social order into confusion, as progress has always done in the past.

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