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Author: Karl Marx and Friedrich Engels

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In this sense, the theory of the Communists may be summed up in
the single sentence: Abolition of private property.
We Communists have been reproached with the desire of abolishing
the right of personally acquiring property as the fruit of a
man's own labour, which property is alleged to be the groundwork
of all personal freedom, activity and independence.
Hard-won, self-acquired, self-earned property! Do you mean the
property of the petty artisan and of the small peasant, a form of
property that preceded the bourgeois form? There is no need to
abolish that; the development of industry has to a great extent
already destroyed it, and is still destroying it daily.
Or do you mean modern bourgeois private property?

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