Anarchist opposition to private property rests on two, related, arguments. These were summed up by Proudhon’s maxims (from What is Property? that “property is theft” and “property is despotism.” In his words, “Property . . . violates equality by the rights of exclusion and increase, and freedom by despotism . . . [and has] perfect identity with robbery.” [Proudhon, What is Property, p. 251] Anarchists, therefore, oppose private property (i.e. capitalism) because it is a source of coercive, hierarchical authority as well as exploitation and, consequently, elite privilege and inequality. It is based on and produces inequality, in terms of both wealth and power.

We will summarise each argument in turn.

Umm, question, which are the arguments here? These?

1. because it is a source of coercive, hierarchical authority as well as exploitation and, consequently, elite privilege and inequality
2. It is based on and produces inequality, in terms of both wealth and power.

Or am I getting it wrong? (I’m trying to keep some notes)

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EDIT I think I figured it out:

Property:

1. Produces authoritarian social relationships
2. It is exploitation (theft)