Distributive Justice: The Right and Wrong of Our Present Distribution of WealthRyan, John A. (John Augustine)
PhilosophyChristian
Distributive Justice: The Right and Wrong of Our Present Distribution of Wealth
Ryan, John A. (John Augustine)
Economic history; Income distribution -- Moral and ethical aspects; Wealth -- Religious aspects
This logical requirement of the theory of economic determinism is
exemplified in much of the rigidly scientific discussions of
Socialists. Marx maintained that the value of commodities is all
determined and created by labour, and that interest is the surplus
which the labourer produces above the cost of his keep; nevertheless
Marx did not formally assert that the labourer has a moral right to
the whole product, nor that interest is theft. He set forth his
theories of value and surplus value as positive explanations of
economic facts, not as an ethical evaluation of human actions. His
object was to show the causes and nature of value, wages, and
interest, not to estimate the moral claims of the agents of
production, or the morality of the distributive process. In his formal
discussion of the theory of value and of surplus value, Marx said
nothing that implied a belief in genuine moral responsibility, or
that contradicted the principles of philosophical materialism and
economic determinism. It is, therefore, quite erroneous to infer that,
since the Marxian theory attributes all value and products to the
action of labour, Marxian Socialists must condemn the interest-taker
as a robber.
Neither Marx nor any other Socialist authority, however, has always
held consistently to this purely positive method of economic
exposition. When they declare that the labourer is "exploited," that
surplus value is "filched" from him, that the capitalist is a
"parasite," etc., they are expressing and conveying distinct moral
judgments. In their more popular writings Socialist authors do not
seriously attempt to observe the logical requirements of their
necessitarian philosophy. They assume the same ethical postulates, and
give expression to the same ethical intuitions as the man who believes
in the human soul and free will.[115] And the great majority of their
followers likewise regard the question of distribution as a moral
question, as a question of justice. In their view the labourer not
only creates all value, but has a just claim to the whole product.
_The Labour Theory of Value_
Public-domain text, read in full here on John Shaqi.
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