In an economic system that is based upon individual behaviour and not upon conformity, that is to say, it is based upon, “the absence of mutual interest amongst the factors of production” no law prohibiting abusive speculation is possible. The period of time between delivery and payment, being the condition of lending and of trade, produces a risk to production and to the transportation of goods. Proudhon observes that, as a consequence of the prominence of random chance in the mechanics of the economy and due to the lake of the sharing of risks, gambling becomes the norm: ―Collective interests.
