A history of economic doctrines : $b from the time of the physiocrats to the present dayGide, Charles
History
A history of economic doctrines : $b from the time of the physiocrats to the present day
Gide, Charles
Economics -- History
(_a_) Saint-Simon had already emphasised the impossibility of workers and
idlers coexisting in the new society. Industrialism could hold out no
promise for the second class. Ability and labour only had any claim to
remuneration. By some peculiar misconception, however, Saint-Simon had
regarded capital as involving some degree of personal sacrifice which
entitled it to special remuneration. It was here that the Saint-Simonians
intervened. Was it not perfectly obvious that private property in capital
was the worst of all privileges? The Revolution had swept away caste
distinctions and suppressed the right of primogeniture, which tended to
perpetuate inequality among members of the same family, but had failed
to touch individual property and its privilege of “laying a toll upon
the industry of others.” This right of levying a tax is the fundamental
idea in all their definitions of private property.[467] Property,
according to the generally accepted meaning of the term to-day, consists
of wealth which is not destined to be immediately consumed, but which
entitles its owner to a revenue. Within this category are included
the two agents of production, land and capital. These are primarily
instruments of production, whatever else they may be. Property-owners
and capitalists—two classes that need not be distinguished for our
present purpose—have the control of these instruments. Their function
is to distribute them among the workers. The distribution takes place
through a series of operations which give rise to the economic phenomena
of interest and rent.[468] Consequently the worker, because of this
concentration of property in the hands of a few individuals, is forced to
share the fruits of his labour. Such an obligation is nothing short of
the exploitation of one man by another,[469] an exploitation all the more
odious because the privileges are carefully preserved for one section of
the community. Thanks to the laws of inheritance, exploiter and exploited
never seem to change places.
To the retort that proprietors and capitalists are not necessarily
idle—that many of them, in fact, work hard in order to increase their
incomes—the Saint-Simonians reply that all this is beside the point.
A certain portion of the income may possibly result from personal
effort, but whatever they receive either as capitalists or proprietors
can obviously only come from the labour of others, and that clearly is
exploitation.
It is not the first time we have encountered this word “exploitation.”
We are reminded of the fact that Sismondi made use of it,[470] and the
same term will again meet us in the writings of Marx and others. None of
them, however, uses it in quite the same sense, and it might be useful to
distinguish here between the various meanings of a term which plays such
an important _rôle_ in socialist literature and which leads to so much
confusion.
Public-domain text, read in full here on John Shaqi.
Reviews
Reviews
No reviews yet
Be the first to share your thoughts on this work.
Elsewhere in the archive
Join the Discussion
Join the discussion
Sign in to leave a comment or review.
Sign InorCreate an account