" “Organisation of Credit”
Economic transformation was at the heart of his activity during 1848, arguing for the “organisation of credit” and creating
The Bank of the People. He saw this as the means to achieve “the organisation of labour,” which still remained the end. This was because “the organisation of labour must not emanate from the powers-that-be; it ought to be SPONTANEOUS.” In other words, labour must organise
itself rather than be organised by the State or by well-meaning intellectuals:
“Louis Blanc represents governmental socialism, revolution by power, as I represent democratic socialism, revolution by the people. An abyss exists between us.”
Economic change cannot be left to the State which was, as he had put it in 1846, “chained to capital” and cannot be seized and reformed. Moreover, it was not up to the task anyway:
“Since I first set foot on this parliamentary Sinai, I ceased to be in contact with the masses: by absorbing myself in my legislative work, I had completely lost view of current affairs […] One has to experience this isolation called a national assembly to understand how the men who are the most completely ignorant of the state of a country are nearly always those who represent it.”
He also sought economic change
now, opposing all the others on the left who advocated “political revolution first, then social revolution.” Instead, he argued that economic transformation was needed and so it was a case of “social revolution first, then political revolution.” This reflects his reformist politics and rejection of insurrection.
As well as solving the social question, economic change was needed to combat the economic crisis (which had got steadily worse after revolution). Moreover, he argued that workers could not rely on or wait for the government to act, not least because it was obviously bourgeois and opposed to social reforms. Nor could they await the seizing political power – whether by election or a coup d’état – for their distress would not disappear in the meantime.
Proudhon, then, sought practical solutions to the problems facing the revolution and the working class rather than postpone such things to after “political power” was won (if it ever were and assuming the politicians were up to the task). I must note that some – usually Marxists, following Marx himself – suggest that Proudhon’s “Bank of the People” project was an expression of his utopian politics. However, such smug comments seem to forget that there was a revolution taking place – when would be a better time to seek to apply your socialist ideas than during a revolution? And who better to build socialism than the workers themselves by their own associations for production and credit?"
@RyoQ this is talking about one of the first libertarian socialists, Proudhon, as an example of what I meant of the two different types of communist, although people think of that word as only reffering to authoritarian socialists like marxists and leninists, and bourgeois means being part of the capitalist class