Evolution and Ethics, and Other EssaysHuxley, Thomas Henry
Philosophy
Evolution and Ethics, and Other Essays
Huxley, Thomas Henry
Capital; Ethics, Evolutionary; Salvation Army
. . . Or, if I take a piece of leather and work it up into a
pair of shoes, the shoes are my wages--the reward of my
exertion. Surely they are not drawn from capital--either
my capital or anybody else's capital--but are brought
into existence by the labour of which they became the
wages; and, in obtaining this pair of shoes as the wages
of my labour, capital is not even momentarily lessened
one iota. For if we call in the idea of capital, my
capital at the beginning consists of the piece of
leather, the thread, &c. (p. 34).
It takes away one's breath to have such a concatenation of fallacies
administered in the space of half a paragraph. It does not seem to
have occurred to our economical reformer to imagine whence his
"capital at the beginning," the "leather, thread, &c." came. I venture
to suppose that leather to have been originally cattle-skin; and since
calves and oxen are not flayed alive, the existence of the leather
implies the lessening of that form of capital by a very considerable
iota. It is, therefore, as sure as anything can be that, in the long
run, the shoes are drawn from that which is capital par excellence; to
wit, cattle. It is further beyond doubt that the operation of tanning
must involve loss of capital in the shape of bark, to say nothing of
other losses; and that the use of the awls and knives of the shoemaker
involves loss of capital in the shape of the store of [179] iron;
further, the shoemaker has been enabled to do his work not only by the
vital capital expended during the time occupied in making the pair of
shoes, but by that expended from the time of his birth, up to the time
that he earned wages that would keep him alive.
"Progress and Poverty" continues:--
. . . As my labour goes on, value is steadily added until,
when my labour results in the finished shoes, I have my
capital plus the difference in value between the
material and the shoes. In obtaining this additional
value--my wages--how is capital, at any time, drawn
upon? (p, 34).
In return we may inquire, how can any one propound such a question?
Capital is drawn upon all the time. Not only when the shoes are
commenced, but while they are being made, and until they are either
used by the shoemaker himself or are purchased by somebody else; that
is, exchanged for a portion of another man's capital. In fact
(supposing that the shoemaker does not want shoes himself), it is the
existence of vital capital in the possession of another person and the
willingness of that person to part with more or less of it in exchange
for the shoes--it is these two conditions, alone, which prevent the
shoemaker from having consumed his capital unproductively, just as
much as if he had spent his time in chopping up the leather into
minute fragments.
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