If you state to the average American that there is a capitalist class
and a proletariat in this country, he will point out that many who are
now members of the capitalist class were originally members of the
proletariat; they have worked hard and saved, and accumulated property.
But this is merely confusing the issue. The fact that some proletarians
turn into capitalists and some capitalists into proletarians is
important to the individuals concerned, but it does not alter the fact
that there are two classes, capitalist and proletarian. Consider, by way
of illustrating, a field with trees growing on it; we have earth, and we
have trees, and the distinction between them is unmistakable. The roots
of the trees go down into the earth, and take up portions of the earth
and turn it into tree. The leaves and the dead branches fall, and in the
course of time are turned once more to earth. There are all sorts of
stages between earth and tree, and between tree and earth; but you would
not therefore say that the word "earth" and the word "tree" are
misnomers.
The working men go to the business man and apply for work. The business
man gives them work, and takes their product, and offers it in the
market at a price which allows him a profit above cost. If he can sell
at a profit, he repeats the process, and the worker has a job. If he
cannot sell at a profit, the worker is out of a job. Here and there may
be a benevolent business man who, rather than turn his workers out of a
job, will sell his goods at cost, or even for a short time at a loss;
but if he keeps the factory going simply for the benefit of his workers,
and with no expectation of ever making a profit, that is a form of
charity, and not the common system under which our business is now
carried on.
So it appears that the worker is dependent for his wages upon the
ability of the business man to make a profit. The worker's life is
inextricably bound up with the profit of the capitalist--no profit for
the capitalist, no life for the worker. The capitalist, going out to
look for markets for his goods, is seeking, not merely profit for
himself, but life for his workers.
Now, the business man pays a certain percentage of his total receipts
for labor, another percentage for raw materials, another percentage for
his overhead charges, and the rest is profit in various forms, rent to
the landlord, interest to the bondholder, dividends to the stockholder.
All this total sum goes to human individuals, and each has thus a
certain amount of money to spend. They pay it over to other individuals
for goods or services, and so the money keeps circulating, and business
keeps going. That is as deep as the average mind probes into the
process.
Public-domain text, read in full here on John Shaqi.
Reviews
Reviews
No reviews yet
Be the first to share your thoughts on this work.
Elsewhere in the archive
Join the Discussion
Join the discussion
Sign in to leave a comment or review.
Sign InorCreate an account