In 1789, the French people rose up chanting the slogan “Equality, Fraternity, Liberty.” One revolutionary, François-Noël Babeuf, thought the French Revolution didn't go far enough. Yes, feudal titles and privileges were overturned as a result of the revolution, but one element of the Ancien Régime remained intact: the right of private property. According to Babeuf, the only way to guarantee equality was to abolish individual ownership of property and divide the wealth equally between all citizens. In 1796, Babeuf and the “Conspiracy of Equals” began to plot the first socialist revolution.

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