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
Certainly not to halt in an arbitrary, inconceivable, and
impossible juste milieu; it is to generalize further, and
discover a third principle, a fact, a superior law, which shall
explain the fiction of capital and the myth of property, and
reconcile them with the theory which makes labor the origin of
all wealth. This is what socialism, if it wishes to proceed
logically, must undertake. In fact, the theory of the real
productivity of labor, and that of the fictitious productivity of
capital, are both essentially economical: socialism has
endeavored only to show the contradiction between them, without
regard to experience or logic; for it appears to be as destitute
of the one as of the other. Now, in law, the litigant who
accepts the authority of a title in one particular must accept it
in all; it is not allowable to divide the documents and proofs.
Had socialism the right to decline the authority of political
economy in relation to usury, when it appealed for support to
this same authority in relation to the analysis of value? By no
means. All that socialism could demand in such a case was,
either that political economy should be directed to reconcile its
theories, or that it might be itself intrusted with this
difficult task.
The more closely we examine these solemn discussions, the more
clearly we see that the whole trouble is due to the fact that one
of the parties does not wish to see, while the other refuses to
advance.
It is a principle of our law that no one can be deprived of his
property except for the sake of general utility, and in
consideration of a fair indemnity payable in advance.
This principle is eminently an economic one; for, on the one
hand, it assumes the right of eminent domain of the citizen
expropriated, whose consent, according to the democratic spirit
of the social compact, is necessarily presupposed. On the other
hand, the indemnity, or the price of the article taken, is
fixed, not by the intrinsic value of the article, but by the
general law of commerce,--supply and demand; in a word, by
opinion. Expropriation in the name of society may be likened to
a contract of convenience, agreed to by each with all; not only
then must the price be paid, but the convenience also must be
paid for: and it is thus, in reality, that the indemnity is
estimated. If the Roman legists had seen this analogy, they
undoubtedly would have hesitated less over the question of
expropriation for the sake of public utility.
Such, then, is the sanction of the social right of expropriation:
indemnity.
Public-domain text, read in full here on John Shaqi.
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