"Anarchists recognize the distinction between personal possessions and major Capitalistic property. Capitalistic Property is that which has as its basic characteristic and purpose the command of other people’s labor power became of its exchange value. The institution of property conditions the development of a set of social and economic relations, which has established Capitalism, and this situation allows a small minority within society to reap enormous benefits and privileges at the expense of the laboring minority. This is the classic scenario of Capital exploiting labor."
January 1, 1970
https://en.wikiquote.org/wiki/Private_property