“In the first stone which he (the savage) flings at the wild animal he pursues, in the first stick that he seizes to strike down the fruit which hangs above his reach, we see the appropriation of one article for the purpose of aiding in the acquisition of another and thus we discover the origin of capital.” (R. Torrens, An Essay on the Production of Wealth.)

Our primitive forefather's first acquaintance with fire was probably through lightning; he discovered, probably by chance, the possibility of making fire by rubbing together two pieces of wood and by striking together two pieces of stone; he established one of the first facts in technology; he felt the warm effect of fire and also the good effect of broiling his food by finding some roasted animals in a fire. Thus nature revealed to him one of its great gifts, the stored-up energy of the sun in vegetation and its primitive beneficial use. He was already a time-binding being; evolution had brought him to that level. Being a product of nature, he was reflecting those natural laws that belong to his class of life; he had ceased to be static—he had become dynamic—progressiveness had got into his blood—he was above the estate of animals.

We also observe that primitive man produced commodities, acquired experiences, made observations, and that some of the produced commodities had a use-value for other people and remained good for use, even after his death.

The produced commodities were composed of raw material, freely supplied by nature, combined with some mental work which gave him the conception of how to make and to use the object, and some work on his part which finally shaped the thing; all of this mental and manual work consumed an amount of time. It is obvious that all of these elements are indispensable to produce anything of any value, or of any use-value. His child not only directly received some of the use-values produced by him, but was initiated into all of his experiences and observations. (As we know, power, as defined in mechanics, means the ratio of work done to the time used in doing it.)

All those things are time-binding phenomena produced by the time-binding capacity of man; but man has not known that this capacity was his defining mark. We must notice the strange fact that, from the engineering point of view, humanity, though very developed in some ways, is childishly undeveloped in others. Humanity has some conceptions about dimensions and talks of the world in which we live as having three dimensions; yet even in its wildest imagination it can not picture tangibly a fourth dimension; nay, humanity has not learned to grasp the real meanings of things that are basic or fundamental. All of our conceptions are relative and comparative; all of them are based upon matters [pg 104] which we do not yet understand; for example, we talk of time, space, electricity, gravity, and so on, but no one has been able to define them in terms of the data of sensation; nevertheless—and it is a fact of the greatest importance—we learn how to use many things which we do not fully understand and are not yet able to define.

In political economy the meagreness of our understanding is especially remarkable; we have not yet grasped the obvious fact—a fact of immeasurable import for all of the social sciences—that with little exception the wealth and capital possessed by a given generation are not produced by its own toil but are the inherited fruit of dead men's toil—a free gift of the past. We have yet to learn and apply the lesson that not only our material wealth and capital but our science and art and learning and wisdom—all that goes to constitute our civilization—were produced, not by our own labor, but by the time-binding energies of past generations.

Primitive man used natural laws without knowing them or understanding them, but he was able to cause nature to express itself, by finding a way to release nature's stored up energy. Through the work of his brain and its direction in the use of his muscles, he found that some of his appliances were not good; he made better ones, and thus slowly at first, the progress of humanity went on. I will not enlarge [pg 105] upon the history of the evolution of civilization because it is told in many books.

In the earliest times the religious, philosophical, legal and ethical systems had not been invented. The morale at that time was a natural morale. Humans knew that they did not create nature. They did not feel it “proper” to “expropriate the creator” and legalistically appropriate the earth and its treasure for themselves. They felt, in their unsophisticated morale, that being called into existence they had a natural right to exist and to use freely the gifts of nature in the preservation of their life; and that is what they did.

After the death of a man, some of the objects produced by him still survived, such as weapons, fishing or hunting instruments, or the caves adapted for living; a baby had to be nourished for some years by its parents or it would have died. Those facts had important consequences; objects made by someone for some particular use could be used by someone else, even after the death of one or more successive users; again the experiences acquired by one member of a family or a group of people were taught by example or precept to others of the same generation and to the next generation. Such simple facts are the corner stones of our whole civilization and they are the direct result of the human capacity of time-binding.

The world to-day is full of controversy about wealth, capital, and money, and because humanity, through its peculiar time-binding power, binds this element “time” in an ever larger and larger degree, the controversy becomes more and more acute. Civilization as a process is the process of binding time; progress is made by the fact that each generation adds to the material and spiritual wealth which it inherits. Past achievements—the fruit of bygone time—thus live in the present, are augmented in the present, and transmitted to the future; the process goes on; time, the essential element, is so involved that, though it increases arithmetically, its fruit, civilization, advances geometrically.