I know very well that in practice the reign of Property is far from being an undivided sway, and that we have always to deal with an antagonistic fact. There are services which are not voluntary; there is remuneration which is not freely stipulated; there are services whose equivalence is impaired by force or by fraud; in a word, there is Spoliation. The legitimate principle of Property, however, is not thereby invalidated but confirmed. The very fact of its being violated proves its existence. If we put faith in anything in this world—in facts, in justice, in universal assent, in human language—we must admit that these two words, Property and Spoliation, express ideas which are as opposite, as irreconcilable, as far from being identical as yes and no, light and darkness, good and evil, harmony and discord. Taken literally, the celebrated formula that ‹property is theft› is absurd in the very highest degree. It would not be more monstrous to say that ‹theft is property›, that what is legitimate is illegitimate, that what is is not, etc. The author of this whimsical aphorism probably wished to show how ingeniously he could support a paradox, and meant no more than this, that certain men are paid not only for work which they do but for work which they don’t do, thus appropriating to themselves, exclusively, gratuitous utility—the gifts vouchsafed by God for the good of all. In this case all that we have to do is to prove the assertion, and substitute the truism that ‹theft is theft›. To ‹steal› means, in ordinary language, to appropriate, by force or fraud, a value, to the prejudice and without the consent of the person who has created that value. It is easy to see how a false Political Economy has succeeded in enlarging the sense of that ugly word ‹steal›. You begin by confounding utility with value. Then, as nature co-operates in the creation of utility, you conclude that nature also concurs in the creation of Value, and you say that this portion of value, being the fruit of no one’s labour, belongs to all. At length, finding that value is never transferred without remuneration, you add, that the man who exacts a recompense for a value which is the creation of nature, which is independent of all human labour, which is ‹inherent in things›, and is by the destination of Providence one of their ‹intrinsic qualities›, like weight or porosity, form or colour, ‹commits a robbery›. An exact analysis of value overturns this scaffolding of [p226] subtilties intended to prop up a monstrous assimilation of Property with Spoliation.