French and German Socialism in Modern TimesEly, Richard T. (Richard Theodore)
History
French and German Socialism in Modern Times
Ely, Richard T. (Richard Theodore)
Socialism -- France; Socialism -- Germany
2. “Sociale Briefe an Von Kirchmann”—“Social Letters to Von
Kirchmann” (1850-51). Out of print.
3. “Zur Beleuchtung der Socialen Frage”—“Elucidation of the
Social Question” (Berlin, 1875). This contains a second edition
of the second and third letters to Von Kirchmann, and, with the
two following essays, gives a very good idea of his economic
theories.
4. “Der Normal Arbeitstag”—“The Normal Labor Day” (Berlin,
1871). Reprinted in _Tübinger Zeitschrift für die gesammte
Staatswissenschaft für 1878_. Cf. also, in the same volume
of the _Zeitschrift_, an essay on Rodbertus by Adolf Wagner,
entitled “Einiges von und über Rodbertus-Jagetzow.”
5. “Offener Brief an das Comité des Deutschen
Arbeiter-Vereins”—“Open Letter to the Committee of the German
Laborers Union” (Leipzig, 1863). Reprinted in Volume I.
of Lassalle’s collected writings—F. Lassalle’s “Reden und
Schriften” (New York, 1882).
6. “Zur Erklärung und Abhülfe der heutigen Creditnoth des
Grundbesitzes”—“An Explanation of the Necessity of Credit for
Land-owners and Proposal of Measures to Assist Them” (2 vols.
1868-69). Out of print.
The aim of Rodbertus is naturally to solve the social problem, to abolish
the sharp contradiction between the real life of society and the desired
and striven-for ideal. But there are two chief evils in the existing
economic life of man, which are the cause of most of the others. These
evils are PAUPERISM and COMMERCIAL AND FINANCIAL CRISES, the latter
leading to over-production and a glut in the market. Rodbertus directs
his attention principally to the means of abolishing these evils.
The starting-point of Rodbertus’s political economy is his conception
of labor expressed in the following sentence: “All economic goods are
to be regarded only as the products of labor, and they cost nothing
but labor.”[162] This proposition he claims was first introduced into
economic science by Adam Smith, and was more firmly established by the
school of Ricardo. His whole theory consists of a logical extension of
this theory, according to which pauperism and crises result from one and
the same circumstance—viz., “that when economic processes are left to
themselves in respect to the distribution of goods, certain relations
(_Verhältnisse_) connected with the development of society bring it about
that as the productivity of social labor[163] increases, the wages of the
laboring classes constitute an ever-decreasing portion of the national
product.”[164] This does not mean necessarily that what the laborer
receives becomes absolutely smaller; only that it decreases relatively.
If ten laborers produce now twenty bushels of wheat in a given time, and
receive ten bushels as wages, and at a later period the productivity of
labor has increased to such an extent that they produce thirty bushels in
the same time, but receive only thirteen, their portion, their quota has
decreased.[165]
Public-domain text, read in full here on John Shaqi.
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