Capitalism; Imperialism; Saving and investment; Socialism
'It makes no difference from this general and national point of view
that greater or smaller parts of the aggregate national product are now
owned in all the various phases of production by private persons who
must not be numbered among the producers proper, and that the latter
always manufacture this national aggregate product as servants--without
sharing in the ownership of their own product--of these few owners.'
Certain peculiarities of the relations within the society as a whole no
doubt result from this, namely (1) the institution of 'exchange' as an
intermediary, and (2) the inequality in the distribution of the product.
'Yet all these consequences do not affect the movements of national
production and the shaping of the national product which are always the
same, now as ever (under the rule of communism), no more than they alter
in any respect, as far as the _national point of view_ is concerned, the
contrast between capital and income so far established.'
Sismondi had laboured in the sweat of his brow, as had Smith and many
others, to disentangle the concepts of capital and income from the
contradictions of capitalist production. Rodbertus has a simpler method
and abstracts from the specific forms determined by capitalist
production for society as a whole; he simply calls the means of
production 'capital' and the article of consumption 'revenue' and leaves
it at that.
'The essential influence of ownership in land and capital applies only
to individuals having traffic with one another. If the nation is taken
as a unit, the effects of such ownership upon the individuals completely
disappear.'[273]
We see that as soon as Rodbertus comes up against the real problem, the
capitalist aggregate product and its movements, he exhibits the
Utopian's characteristic obtuseness in respect of the historical
peculiarities of production. Marx's comment on Proudhon, that 'speaking
of society as a whole, he pretends that this society is no longer
capitalist' therefore fits him like a glove. The case of Rodbertus again
exemplifies how every economist before Marx had been at a loss when it
came to harmonising the concrete aspects of the labour process with the
perspective of capitalist production which regards everything in terms
of value, to mediating between the forms of movement performed by
individual capitals and the movement of social capital. Such efforts as
a rule vacillate from one extreme to another: the shallow approach of
Say and MacCulloch, recognising only the conceptions of individual
capital, and the Utopian approach of Proudhon and Rodbertus who
recognise only those of the process of labour. That is the context in
which Marx's penetration appears in its true light. His diagram of
simple reproduction illuminates the entire problem by gathering up all
these perspectives in their harmony and their contradictions, and so
resolves the hopeless obscurities of innumerable tomes into two rows of
figures of striking simplicity.
Public-domain text, read in full here on John Shaqi.
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