System of Economical Contradictions; Or, The Philosophy of MiseryProudhon, P.-J. (Pierre-Joseph)
Philosophy
System of Economical Contradictions; Or, The Philosophy of Misery
Proudhon, P.-J. (Pierre-Joseph)
Economics
I confess that if such an increase was possible it would be a
complete success, whatever M. Chevalier may have said, who needs
to be slightly corrected on this point.
According to M. Chevalier, if the price of any kind of
merchandise whatever is increased, other kinds will rise in a
like proportion, and no one will benefit thereby.
This argument, which the economists have rehearsed for more than
a century, is as false as it is old, and it belonged to M.
Chevalier, as an engineer, to rectify the economic tradition.
The salary of a head clerk being ten francs per day, and the
wages of a workingman four, if the income of each is increased
five francs, the ratio of their fortunes, which was formerly as
one hundred to forty, will be thereafter as one hundred to sixty.
The increase of wages, necessarily taking place by addition and
not by proportion, would be, therefore, an excellent method of
equalization; and the economists would deserve to have thrown
back at them by the socialists the reproach of ignorance which
they have bestowed upon them at random.
But I say that such an increase is impossible, and that the
supposition is absurd: for, as M. Chevalier has shown very
clearly elsewhere, the figure which indicates the price of the
day's labor is only an algebraic exponent without effect on the
reality: and that which it is necessary first to endeavor to
increase, while correcting the inequalities of distribution, is
not the monetary expression, but the quantity of products. Till
then every rise of wages can have no other effect than that
produced by a rise of the price of wheat, wine, meat, sugar,
soap, coal, etc.,--that is, the effect of a scarcity. For what
is wages?
It is the cost price of wheat, wine, meat, coal; it is the
integrant price of all things. Let us go farther yet: wages is
the proportionality of the elements which compose wealth, and
which are consumed every day reproductively by the mass of
laborers. Now, to double wages, in the sense in which the people
understand the words, is to give to each producer a share greater
than his product, which is contradictory: and if the rise
pertains only to a few industries, a general disturbance in
exchange ensues,--that is, a scarcity. God save me from
predictions! but, in spite of my desire for the amelioration of
the lot of the working class, I declare that it is impossible for
strikes followed by an increase of wages to end otherwise than in
a general rise in prices: that is as certain as that two and two
make four. It is not by such methods that the workingmen will
attain to wealth and--what is a thousand times more precious than
wealth--liberty. The workingmen, supported by the favor of an
indiscreet press, in demanding an increase of wages, have served
monopoly much better than their own real interests: may they
recognize, when their situation shall become more painful, the
bitter fruit of their inexperience!
Public-domain text, read in full here on John Shaqi.
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