My Second Country (France)

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The great economic change effected by the Revo- lution was, of course, in regard to land tenure. It gave prosperity to the peasants, who became the owners of the land that they tilled, and the law obliging an owner of land to divide it equally among his children at his death has prevented land from again becoming concentrated in the hands of a few individuals. That this system has its advan- tages nobody would deny — it was an immense advance on the land system of the old regime which still exi
...sts in England, and for a long time it worked well. But it has also, as we shall see, had great disadvantages, both material and moral, and modern conditions are rapidly making it impos- sible. It would be unreasonable to blame the Revolution for not having gone further than it did in the direction of economic change. The condi- tions in France at the end of the eig-hteenth century were not yet ripe for Socialism, if Karl Marx was right in thinking that industrial capitalism is a necessary stage in economic development.

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