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
These preliminaries were indispensable in order to clearly
appreciate the role of machinery and to make plain the series of
economic evolutions. And just here I will remind the reader that
we are not constructing a history in accordance with the order of
events, but in accordance with the succession of ideas. The
economic phases or categories are now contemporary, now inverted,
in their manifestation; hence the extreme difficulty always felt
by the economists in systematizing their ideas; hence the chaos
of their works, even those most to be commended in every other
respect, such as Adam Smith's, Ricardo's, and J. B. Say's. But
economic theories none the less have their logical succession and
their series in the mind: it is this order which we flatter
ourselves that we have discovered, and which will make this work
at once a philosophy and a history.
% 2.--Machinery's contradiction.--Origin of capital and wages.
From the very fact that machinery diminishes the workman's toil,
it abridges and diminishes labor, the supply of which thus grows
greater from day to day and the demand less. Little by little,
it is true, the reduction in prices causing an increase in
consumption, the proportion is restored and the laborer set at
work again: but as industrial improvements steadily succeed each
other and continually tend to substitute mechanical operations
for the labor of man, it follows that there is a constant
tendency to cut off a portion of the service and consequently to
eliminate laborers from production. Now, it is with the economic
order as with the spiritual order: outside of the church there is
no salvation; outside of labor there is no subsistence. Society
and nature, equally pitiless, are in accord in the execution of
this new decree.
"When a new machine, or, in general, any process whatever that
expedites matters," says J. B. Say, "replaces any human labor
already employed, some of the industrious arms, whose services
are usefully supplanted, are left without work. A new machine,
therefore, replaces the labor of a portion of the laborers, but
does not diminish the amount of production, for, if it did, it
would not be adopted; IT DISPLACES REVENUE. But the ultimate
advantage is wholly on the side of machinery, for, if abundance
of product and lessening of cost lower the venal value, the
consumer--that is, everybody--will benefit thereby."
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