Capitalism; Imperialism; Saving and investment; Socialism
This commodity character of labour power, however, and the corresponding
determination of its value, are nothing but a malicious
misrepresentation of the Free Trade school. Like the good Prussian he
was, Rodbertus put capitalist commodity production as a whole in the
dock, as offending against the obtaining constitutional law, instead of
pointing out its inherent contradiction, the conflict between
determining the value of labour and determining the value _created by_
labour, as the English disciples of Ricardo had done.
'Stupid beyond words', he exclaims, 'is the dualist conception of those
economists who would have the workers, as far as their legal status is
concerned, join in deciding the fate of society, and would for all that,
have these same workers from an economic point of view, always treated
as mere commodities!'[245]
Now it only remains to find out why the workers put up with such stupid
and blatant injustice--an objection which Hermann for instance raised
against Ricardo's theory of value. Rodbertus is ready with this answer:
'What were the workers to do after their emancipation other than to
agree to these regulations? Imagine their position: when the workers
were freed, they were naked or in rags, they had nothing but their
labour power. The abolition of slavery or serfdom, moreover, rescinded
the master's legal or moral obligation to feed them and care for their
needs. Yet these needs remained, they still had to live. How, then,
could their labour power provide them with a living? Were they simply to
grab some of the capital existing in the society for their maintenance?
The capital of society was already in the hands of other people, and the
organs of the "law" would not have tolerated such a step. What, then,
could the workers have done? Only these alternatives were before them:
either to overthrow the law of society or to return, under roughly the
same conditions as before, to their former masters, the owners of the
land and of capital, and to receive as wages what was formerly doled out
to them to keep them fed.'[246]
Public-domain text, read in full here on John Shaqi.
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