Collectivism; Economic history; Great Britain -- Economic policy; Industrial policy; Social history; Socialism
The second strain which we have noted in Capitalism, its second element of
instability, consists in the fact that Capitalism destroys security.
* * * * *
Experience is enough to save us any delay upon this main point of our
matter. But even without experience we could reason with absolute certitude
from the very nature of Capitalism that its chief effect would be the
destruction of security in human life.
Combine these two elements: the ownership of the means of production by a
very few; the political freedom of owners and non-owners alike. There
follows immediately from that combination a competitive market wherein the
labour of the non-owner fetches just what it is worth, not as full
productive power, but as productive power which will leave a surplus to the
Capitalist. It fetches nothing when the labourer cannot work, more in
proportion to the pace at which he is driven; less in middle age than in
youth; less in old age than in middle age; nothing in sickness; nothing in
despair.
A man in a position to accumulate (the normal result of human labour), a
man founded upon property in sufficient amount and in established form is
no more productive in his non-productive moments than is a proletarian; but
his life is balanced and regulated by his reception of rent and interest as
well as wages. Surplus values come to him, and are the fly-wheel balancing
the extremes of his life and carrying him over his bad times. With a
proletarian it cannot be so. The aspect from Capital looks at a human being
whose labour it proposes to purchase cuts right across that normal aspect
of human life from which we all regard our own affections, duties, and
character. A man thinks of himself, of his chances and of his security
along the line of his own individual existence from birth to death. Capital
purchasing his labour (and not the man himself) purchases but a
cross-section of his life, his moments of activity. For the rest, he must
fend for himself; but to fend for yourself when you have nothing is to
starve.
As a matter of fact, where a few possess the means of production perfectly
free political conditions are impossible. A perfect Capitalist State cannot
exist, though we have come nearer to it in modern England than other and
more fortunate nations had thought possible. In the perfect Capitalist
State there would be no food available for the non-owner save when he was
actually engaged in Production, and that absurdity would, by quickly ending
all human lives save those of the owners, put a term to the arrangement. If
you left men completely free under a Capitalist system, there would be so
heavy a mortality from starvation as would dry up the sources of labour in
a very short time.
Public-domain text, read in full here on John Shaqi.
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