What is Property? An Inquiry into the Principle of Right and of GovernmentProudhon, P.-J. (Pierre-Joseph)
Philosophy
What is Property? An Inquiry into the Principle of Right and of Government
Proudhon, P.-J. (Pierre-Joseph)
Economics; Property
"What! do you say that such should be the condition of one who sings of
gods and men? Alms, with the humiliation and suffering which they bring
with them!--what barbarous generosity!"... Do not get excited, I beg
of you. Property makes of a poet either a Croesus or a beggar; only
equality knows how to honor and to praise him. What is its duty? To
regulate the right of the singer and the duty of the listener. Now,
notice this point, which is a very important one in the solution of this
question: both are free, the one to sell, the other to buy. Henceforth
their respective pretensions go for nothing; and the estimate, whether
fair or unfair, that they place, the one upon his verse, the other
upon his liberality, can have no influence upon the conditions of the
contract. We must no longer, in making our bargains, weigh talent; we
must consider products only.
In order that the bard of Achilles may get his due reward, he must first
make himself wanted: that done, the exchange of his verse for a fee of
any kind, being a free act, must be at the same time a just act; that
is, the poet's fee must be equal to his product. Now, what is the value
of this product?
Let us suppose, in the first place, that this "Iliad"--this chef-d'
oeuvre that is to be equitably rewarded--is really above price, that we
do not know how to appraise it. If the public, who are free to purchase
it, refuse to do so, it is clear that, the poem being unexchangeable,
its intrinsic value will not be diminished; but that its exchangeable
value, or its productive utility, will be reduced to zero, will be
nothing at all. Then we must seek the amount of wages to be paid between
infinity on the one hand and nothing on the other, at an equal distance
from each, since all rights and liberties are entitled to equal respect;
in other words, it is not the intrinsic value, but the relative value,
of the thing sold that needs to be fixed. The question grows simpler:
what is this relative value? To what reward does a poem like the "Iliad"
entitle its author?
The first business of political economy, after fixing its definitions,
was the solution of this problem; now, not only has it not been solved,
but it has been declared insoluble. According to the economists,
the relative or exchangeable value of things cannot be absolutely
determined; it necessarily varies.
"The value of a thing," says Say, "is a positive quantity, but only for
a given moment. It is its nature to perpetually vary, to change from one
point to another. Nothing can fix it absolutely, because it is based
on needs and means of production which vary with every moment. These
variations complicate economical phenomena, and often render them very
difficult of observation and solution. I know no remedy for this; it is
not in our power to change the nature of things."
Public-domain text, read in full here on John Shaqi.
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