"The essence of capitalism is expressed in two of its basic features: a) profit maximization and b) market competition. In their abstract formulations none of them was supposed to have anything conspiratorial against the poor. But in real life they turn out to be the "killers" of the poor - by making rich the richer and poor the poorer."

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Centralize property in the hands of a few and the millions are under bondage to property - a bondage as absolute and deplorable as if their limbs were covered with manacles. Abstract all property from the hands of labor and you thereby reduce labor to dependence; and that dependence becomes as complete a servitude as the master could fix upon his slave.

— Lewis Henry Morgan