Blackwood's Edinburgh Magazine, No. 401, March 1849Various
Science
Blackwood's Edinburgh Magazine, No. 401, March 1849
Various
England -- Periodicals; Scotland -- Periodicals
And now two classes are formed, distinct and far asunder--the
capitalist, and he who works for wages. Comes the social reformer, and
he would restore the equality between them. But how? We will fuse,
says one, the two classes together: they shall carry on their
manufacture in a joint partnership: all shall be partners--all shall
be workmen. But even M. Prudhon will tell us that, if the profits of
the great capitalist were divided equally amongst all the artisans he
employs, each one would find his gains increased by a very little; and
it is morally certain that profits equal to those he had obtained
would never accrue from a partnership of many hundreds of workmen. The
wealth of the country would, therefore, be put in jeopardy, and all
the course of its industry and property deranged, for no end whatever.
At all events, exclaims another, we will reduce the inequality which
we cannot expunge, and put down the enormous and tyrannical
capitalist: we will have a law limiting the fortune of each individual
to so many hundreds or thousands; or, if we allow a man to earn and
appropriate unlimited wealth, we will take care that it shall be
dispersed at his death,--not even to his son shall he be permitted to
bequeath more than a certain sum. But all schemes of this kind can
tend only to equalise the fortunes of the first class--those who
employ labour; they do not affect, in the least, the condition of the
second class--the employed. These will not obtain better wages from
smaller capitalists than from larger. A third--it is M. Prudhon
himself--will have a new law of value established, and a new law of
property. It is labour only that shall give title to property, and the
exchangeable value of every article shall be regulated according to
the labour it may be said to contain: propositions, however, which do
not help us in the least degree, for capital is itself the produce of
labour; its claims, therefore, are legitimate; and the very problem
given is to arbitrate between the claims of capital and labour.
_Rent and Property in Land._--This is the last topic we shall mention.
The absolute necessity of property in land, in order that the soil
should be cultivated, (that is, under any condition in which humanity
has hitherto presented itself,) is a palpable truism. Yet property in
land leads to the exaction of rent--leads to the same division which
we have seen marked out by so many laws between two classes of
society--those who may enjoy leisure, and those who must submit to
labour; classes which are generally distinguished as the rich and
poor, never, we may observe in passing, as the happy and unhappy, for
leisure may be as great a curse as labour.
Public-domain text, read in full here on John Shaqi.
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