Excerpt from Socialistic Fallacies
I take the word "fallacy" in the sense in which it is employed by Bentham: - "By the name of fallacy, it is common to designate any argument employed, or topic suggested, for the purpose, or with a probability, of producing the effect of deception - of causing some erroneous opinion to be entertained by any person to whose mind such argument may have been presented."
In the following pages my object has been to reduce to their true value the socialistic fallacies with which a number of able, but frequently unscrupulous, men, amuse the idle and attract the multitude. They do not even possess the merit of having originated either their arguments or their systems. They are plagiarists, with some variations, of all the communist romances inspired by Plato. Their greatest pundits, Marx and Engels, have built up their theories upon a sentence of Saint Simon and three phrases of Ricardo.
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