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Updated: June 11, 2025
This enormous reform, in land taxation, which alone would put into the hands of governments ultimately almost a third of the capital of modern nations, was considered by Marx, in all its early stages, as purely capitalistic, "a Socialistically-fringed attempt to save the rule of capitalism, and to establish it in fact on a still larger foundation at present."
Until that time even the most grandiose reform is merely "a Socialistically-fringed attempt to save the rule of capitalism." Other "transitional measures" mentioned by Marx and Engels in 1847, some of which had already been taken up as "Socialistically-fringed attempts to save the rule of capitalism" even before their death were: The heavily graduated income tax. The abolition of inheritance.
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