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
For I entreat the economists to question themselves for a moment
in the silence of their hearts, far from the prejudices which
disturb them, and regardless of the employments which occupy them
or which they wait for, of the interests which they serve, of the
votes which they covet, of the distinctions which tickle their
vanity: let them tell me whether, hitherto, they have viewed the
principle that all labor should leave an excess in connection
with this series of premises and conclusions which we have
elaborated, and whether they ever have understood these words to
mean anything more than the right to speculate in values by
manipulating supply and demand; whether it is not true that they
affirm at once, on the one hand the progress of wealth and
well-being, and consequently the measure of values, and on the
other the arbitrariness of commercial transactions and the
incommensurability of values,--the flattest of contradictions?
Is it not because of this contradiction that we continually hear
repeated in lectures, and read in the works on political economy,
this absurd hypothesis: If THE PRICE OF ALL THINGS WAS DOUBLED.
. . . . . ? As if the price of all things was not the proportion
of things, and as if we could double a proportion, a relation, a
law! Finally, is it not because of the proprietary and abnormal
routine upheld by political economy that every one, in
commerce, industry, the arts, and the State, on the pretended
ground of services rendered to society, tends continually to
exaggerate his importance, and solicits rewards, subsidies, large
pensions, exorbitant fees: as if the reward of every service was
not determined necessarily by the sum of its expenses? Why do
not the economists, if they believe, as they appear to, that the
labor of each should leave an excess, use all their influence in
spreading this truth, so simple and so luminous: Each man's
labor can buy only the value which it contains, and this value is
proportional to the services of all other laborers?
But here a last consideration presents itself, which I will
explain in a few words.
J. B. Say, who of all the economists has insisted the most
strenuously upon the absolute indeterminability of value, is also
the one who has taken the most pains to refute that idea. He, if
I am not mistaken, is the author of the formula: EVERY PRODUCT
IS WORTH WHAT IT COSTS; or, what amounts to the same thing:
PRODUCTS ARE BOUGHT WITH PRODUCTS. This aphorism, which leads
straight to equality, has been controverted since by other
economists; we will examine in turn the affirmative and the
negative.
Public-domain text, read in full here on John Shaqi.
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