The second condition in the production of utility is,—
2. That there shall be accumulation of former labour, or Capital.
Without accumulation, as we have seen, the condition of man is the lowest in the scale of animal existence. The reason is obvious. Man requires some accumulation to aid his natural powers of labouring; for he is not provided with instruments of labour to anything like the perfection in which they exist amongst the inferior animals. He wants the gnawing teeth, the tearing claws, the sharp bills, the solid mandibles that enable quadrupeds, and birds, and insects to secure their food, and to provide shelter in so many ingenious ways, each leading us to admire and reverence the directing Providence which presides over such manifold contrivances. He must, therefore, to work profitably, accumulate instruments of work. But he must do more, even in the unsocial state, where he is at perfect liberty to direct his industry as he pleases, uncontrolled by the rights of other men. He must accumulate stores of covering and of shelter. He must have a hut and a bed of skins, which are all accumulations, or capital. He must, further, have a stock of food, which stock, being the most essential for human wants, is called provisions, or things provided. He would require this provision against the accidents which may occur to his own health, and the obstacles of weather, which may prevent him from fishing or hunting. The lowest savages have some stores. Many of the inferior animals display an equal care to provide for the exigencies of the future. But still, all such labour is extremely limited. When a man is occupied only in providing immediately for his own wants—doing everything for himself, consuming nothing but what he produces himself,—his labour must have a very narrow range. The supply of the lowest necessities of our nature can only be attended to, and these must be very ill supplied. The Moskito Indian had fish, and goats' flesh, and a rude hut, and a girdle of skins; and his power of obtaining this wealth was insured to him by the absence of other individuals who would have been his competitors for what the island spontaneously produced. Had other Indians landed in numbers on the island, and had each set about procuring everything for himself, as the active Moskito did, they would have soon approached the point of starvation; and then each would have begun to plunder from the other, unless they had found out the principle that would have given them all plenty. There wanted, then, another power to give the labour of the Indian a profitable direction, besides that of accumulation. It is a power which can only exist where man is social, as it is his nature to be;—and where the principles of civilization are in a certain degree developed. It is, indeed, the beginning and the end of all civilization. It is itself civilization, partial or complete. It is the last and the most important condition in the production of useful commodities,—
3. That there shall be exchanges.
There can be no exchanges without accumulation—there can be no accumulation without labour. Exchange is that step beyond the constant labour and the partial accumulation of the lower animals, which makes man the lord of the world.
[5] It is difficult to understand how the Indian could convert the iron gun-barrel into steel, which it appears from Dampier's account that he did. Steel is produced by a scientific admixture of carbon with iron. But we assume that the statement is correct, and that a conversion, partial doubtless, of iron into steel did take place.
CHAPTER II.
Society a system of exchanges—Security of individual property the principle of exchange—Alexander Selkirk and Robinson Crusoe—Imperfect appropriation and unprofitable labour.