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Nowadays the economy is neither local, nor even national, but world-wide.The characteristic feature of modern life is the cohesion of all the productive and distributive forces.

In other words, private property exists purely "through the protection of the State, through the State's grace." Recognising its need for state protection, Stirner is also aware that "[i]t need not make any difference to the 'good citizens' who protects them and their principles, whether an absolute King or a constitutional one, a republic, if only they are protected. Proudhon favoured a right of individuals to retain the product of their labour as their own property, but believed that any property beyond that which an individual produced and could possess was illegitimate.Proudhon's followers, the mutualists, opposed Marx's state socialism, advocating political abstentionism and small property holdings.In 1868, following their unsuccessful participation in the League of Peace and Freedom (LPF), Russian revolutionary Mikhail Bakunin and his collectivist anarchist associates joined the First International (which had decided not to get involved with the LPF).who advocated the revolutionary overthrow of the state and the collectivization of property.

A similar position was adopted by the Workers' Federation of the Spanish Region in 1882, as articulated by an anarchist veteran of the First International, Josep Llunas i Pujals, in his essay, "Collectivism." Anarchist communism as a coherent, modern economic-political philosophy was first formulated in the Italian section of the First International by Carlo Cafiero, Emilio Covelli, Errico Malatesta, Andrea Costa and other ex-Mazzinian Republicans.

Cafiero explains in Anarchy and Communism (1880) that private property in the product of labor will lead to unequal accumulation of capital and, therefore, the reappearance of social classes and their antagonisms, and thus the resurrection of the state: "If we preserve the individual appropriation of the products of labour, we would be forced to preserve money, leaving more or less accumulation of wealth according to more or less merit rather than need of individuals." "This double base, both industrial and rural, had turned the libertarian communism of Spanish anarcho-syndicalism in somewhat divergent directions, the one communalist, the other syndicalist.

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