'In this, in other respects perfectly unassailable reasoning, only _one_
thing is forgotten--the fundamental constitution of the exploiting system
of society. Certainly it is a cruel paradox to speak of a general lack of
demand in view of boundless misery; but where an immense majority of men
have no claim upon the fruits of their labour, this paradox becomes a
horrible reality. What avails it to the suffering worker that he knows how
to make right, good, and needful use of what he produces, if that which he
produces does not belong to him? Let us confine ourselves to the example of
the increased production of wheat by improved methods of cultivation. If
the right of disposal of the increased quantity of grain belonged to the
agricultural producers, they would certainly eat more or finer bread, and
thus themselves consume a part of the increased production; with another
part they would raise the demand for clothing, and with another the demand
for implements, which would necessarily be required in order that more
grain and clothing might be produced. In such a case it would really be
merely a question of restoring the right relation between the production of
wheat, of clothing, of implements, which had been disturbed by the
increased production of one of these--wheat; and increased production, a
condition of greater prosperity for all, would, after some transient
disturbances, be the inevitable consequence. But since the increased
proceeds of wheat-cultivation do not belong to the workers, since those
workers receive in any case only a bare subsistence, the progress which has
been made in their branch of production does not enable them to consume
either more grain or more clothing, and therefore there can exist no
increased demand for implements for the production of wheat and textile
fabrics.'
'But,' I objected, 'though this increased product is withheld from the
workers, it is not ownerless--it belongs to the undertakers; and these too
are men who wish to use their gains to satisfy some want or other. The
undertakers will now increase their consumption; and after all one might
suppose it would be impossible that a general disproportion should exist
between supply and demand. Certainly it would now be commodities of another
kind, the production of which would be stimulated in order to restore an
equilibrium between the several branches of labour. If the increase
belonged to the workers, then would more grain, more ordinary clothing, and
more implements be required; but since it belongs to a few undertakers
there will be an increased demand only for luxuries--dainties, laces,
equipages--and for the implements requisite to produce these luxuries.'
Public-domain text, read in full here on John Shaqi.
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