Yes, if the "proletaires" knew their true interests, they would seek,
with the greatest care, what circumstances are, and what are not
favorable to saving, in order to favor the former and to discourage the
latter. They would sympathize with every measure which tends to the
rapid formation of capitals. They would be enthusiastic promoters of
peace, liberty, order, security, the union of classes and peoples,
economy, moderation in public expenses, simplicity in the machinery of
Government; for it is under the sway of all these circumstances that
saving does its work, brings plenty within the reach of the masses,
invites those persons to become the formers of capital who were
formerly under the necessity of borrowing upon hard conditions. They
would repel with energy the warlike spirit, which diverts from its true
course so large a part of human labor; the monopolizing spirit, which
deranges the equitable distribution of riches, in the way by which
liberty alone can realize it; the multitude of public services, which
attack our purses only to check our liberty; and, in short, those
subversive, hateful, thoughtless doctrines, which alarm capital, prevent
its formation, oblige it to flee, and finally to raise its price, to the
special disadvantage of the workers, who bring it into operation. Well,
and in this respect is not the revolution of February a hard lesson? Is
it not evident, that the insecurity it has thrown into the world of
business, on the one hand; and, on the other, the advancement of the
fatal theories to which I have alluded, and which, from the clubs, have
almost penetrated into the regions of the Legislature, have everywhere
raised the rate of interest? Is it not evident, that from that time the
"proletaires" have found greater difficulty in procuring those
materials, instruments, and provisions, without which labor is
impossible? Is it not that which has caused stoppages; and do not
stoppages, in their turn, lower wages? Thus there is a deficiency of
labor to the "proletaires," from the same cause which loads the objects
they consume with an increase of price, in consequence of the rise of
interest. High interest, low wages, means in other words that the same
article preserves its price, but that the part of the capitalist has
invaded, without profiting himself, that of the workman.
Public-domain text, read in full here on John Shaqi.
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