Capitalism; Imperialism; Saving and investment; Socialism
Similarly, if we consider _v + s_, these two amounts taken together, we
see that they represent objective quantities of universal validity: the
total of living labour that has been performed within a society in the
course of one year. Every human society, whatever its historical form,
must take note of this datum, with reference to both the results that
have been achieved, and the existing and available labour power. The
division into _v + s_ is a universal phenomenon, independent of the
society's particular historical form. In its capitalist form, this
division shows itself not only in the qualitative peculiarities of both
_v_ and _s_ as already outlined, but also in their quantitative
relationship: _v_ tends to become depressed to a minimum level, just
sufficient for the physiological and social existence of the worker, and
_s_ tends to increase continually at the cost of, and relative to, _v_.
The predominant feature of capitalist production is expressed in this
last circumstance: it is the fact that the creation and appropriation of
surplus value is the real purpose of, and the incentive to, production.
We have examined the relations upon which the capitalist formula of the
aggregate product is based, and have found them universally valid. In
every planned economy they are made the object of conscious regulation
on the part of society; in a communist society by the community of
workers and their democratic organs, and in a society based upon
class-rule by the nucleus of owners and their despotic power. In a
system of capitalist production there is no such planned regulation. The
aggregate of the society's capitals and the aggregate of its commodities
alike consist in reality of innumerable fragments of individual capitals
and individual items of merchandise, taken together.
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