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
When I say that every product is worth the products which it has
cost, I mean that every product is a collective unit which, in a
new form, groups a certain number of other products consumed in
various quantities. Whence it follows that the products of human
industry are, in relation to each other, genera and species, and
that they form a series from the simple to the composite,
according to the number and proportion of the elements, all
equivalent to each other, which constitute each product. It
matters little, for the present, that this series, as well
as the equivalence of its elements, is expressed in practice more
or less exactly by the equilibrium of wages and fortunes; our
first business is with the relation of things, the economic law.
For here, as ever, the idea first and spontaneously generates the
fact, which, recognized then by the thought which has given it
birth, gradually rectifies itself and conforms to its principle.
Commerce, free and competitive, is but a long operation of
redressal, whose object is to define more and more clearly the
proportionality of values, until the civil law shall recognize it
as a guide in matters concerning the condition of persons. I
say, then, that Say's principle, EVERY PRODUCT IS WORTH WHAT IT
COSTS, indicates a series in human production analogous to the
animal and vegetable series, in which the elementary units (day's
works) are regarded as equal. So that political economy affirms
at its birth, but by a contradiction, what neither Plato, nor
Rousseau, nor any ancient or modern publicist has thought
possible,-- equality of conditions and fortunes.
Public-domain text, read in full here on John Shaqi.
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