A Contribution to the Critique of Political Economy — John Shaqi
A Contribution to the Critique of Political EconomyMarx, Karl
Philosophy
A Contribution to the Critique of Political Economy
Marx, Karl
Economics; Marxian economics
Since the exchange value of commodities is, in fact, nothing but a
mutual relation of the labors of individuals―labors which are similar
and universal―nothing but a material expression of a specific social
form of labor, it is a tautology to say that labor is the _only_
source of exchange value and consequently of wealth, in so far as the
latter consists of exchange values. Similarly, it is a tautology to
say that matter in its natural state has no exchange value, because
it does not contain any labor, and that exchange value as such does
not contain matter. But when William Petty calls “labor the father and
earth the mother of wealth,” or when Bishop Berkeley asks “whether
the four elements and man’s labour therein, be not the true source of
wealth,”[7] or when the American, Thomas Cooper puts it popularly:
“Take away from a piece of bread the labour bestowed by the baker on
the flour, by the miller on the grain brought to him, by the farmer
in ploughing, sowing, tending, gathering, threshing, cleaning and
transporting the seed, and what will remain? A few grains of grass,
growing wild in the woods, and unfit for any human purpose”[8]―then all
these views do not refer to abstract labor as the source of exchange
value, but to concrete labor as the source of material wealth; in
short, to labor in so far as it produces use-values. In assuming
that a commodity has use-value we assume the special usefulness
and distinct fitness of the labor absorbed by it, but that is all
there is to the view of labor as useful labor from the standpoint of
commodity. Considering bread as a use-value, we are interested in its
properties as an article of food and not at all in the different kinds
of labor of the farmer, miller, baker, etc. If by some invention
nineteen-twentieths of this labor could be saved, the loaf of bread
would still render the same service as before. If it fell ready-made
from the sky it would not lose a single atom of its use-value. While
labor which creates exchange value is realized in the equality of
commodities as universal equivalents, labor as a productive activity
with a useful purpose is realized in the endless variety of use-values
created by it. While labor which creates exchange values is _abstract_,
_universal_ and _homogeneous_, labor which produces use-values is
concrete and special and is made up of an endless variety of kinds of
labor according to the way in which and the material to which it is
applied.
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