What Shall We Do?

by graf Leo Tolstoy

But if the peasants have any business connections with the inhabitants surrounding them, the prices of their produce, as sold to their neighbours, would depend on the sum required from them by their landlord. (If less money is required from their neighbours than from themselves, then their products would be sold cheaper than the products of their neighbours, and vice versa.) Again, the landlord's money-demand would cease to influence the prices of the articles, only when the sums collected by the landlord were not spent in buying the products of his own peasants. But if he spends the money in purchasing from them, it is plain that the prices of various articles will constantly vary among them according as the landlord buys more of one thing than another.

Suppose one landlord has fixed a very high poll-tax, and his neighbour a very low one: it is clear that on the estate of the first landlord every thing will be cheaper than on the estate of the second, and that the prices on either estate will depend only upon the increase and decrease of the poll-taxes. This is one effect of violence on value.

Another, rising out of the first, consists in relative values. Suppose one landlord is fond of horses, and pays a high price for them; another is fond of towels, and offers a high figure for them. It is obvious that on the estate of either of these two landlords, the horses and the towels will be dear, and the prices of these articles will be out of proportion to those of cows or of corn. If to-morrow the collector of towels dies, and his heirs are fond of poultry, then it is obvious that the price of towels will fall and that of poultry will rise.

Wherever in society there is the mastery of one man over another, there the meaning of money as the measure of value at once yields to the will of the oppressor, and its meaning as a medium of exchange of the products of labour is replaced by another,—that of the most convenient means of utilizing other people's labour.

The oppressor wants money neither as a medium of exchange,—for he takes whatever he wants without exchange,—nor as a measure of value,—for he himself determines the value of everything,—but only for the convenience it affords of exercising violence; and this convenience consists in the fact that money may be stored up, and is the most convenient means of holding in slavery the majority of mankind.

It is not convenient to carry away all the cattle in order always to have horses, cows, and sheep whenever wanted, because they must be fed; the same holds good with corn, for it may be spoiled; the same with slaves; sometimes a man may require thousands of workmen, and sometimes none. Money demanded from those who have not got it makes it possible to get rid of all these inconveniences and to have everything that is required; and this is why the oppressor wants money. Besides which, he wants money so that his right to utilize another man's labour may not be confined to certain men but may be extended to all men who require the money.

When there was no money in circulation each landlord could utilize the labour of his own serfs only; but when they agreed to demand from the peasants money which they had not, they were enabled to appropriate without distinction the labour of all men on every estate.

Thus the oppressor finds it more convenient to press all his claims on labour in the shape of money, and for this sole object is it desired. To the victim from whom it is taken away money cannot be of use, either for the purpose of exchange (seeing he exchanges without money, as all nations have exchanged who had no government); nor for a measure of value, because this is fixed without him; nor for the purpose of saving, because the man whose productions are taken away cannot save; neither for payments, because an oppressed man always has more to pay than to receive; and if he does receive anything, the payment is made, not in money, but in articles of merchandise in either case; whether the workman takes his goods from his master's shop to remunerate his labour, or whether he buys the necessaries of life with his earnings in other shops, the money is required from him, and he is told by his oppressors that if he does not pay it they will refuse to give him land or bread, or will take away his cow or his horse, or condemn him to work, or put him in prison. He can only free himself from all this by selling the products of his toil, his own labour, or that of his children.

He will have to sell this according to the prices established, not by a regular exchange, but by the authority which demands money of him.

Under the conditions of the influence of tribute and taxes on prices,—which everywhere and always repeat themselves, as much with the land-owners in a narrow circle, as with the state on a larger scale (in which the causes of the modification of prices are as obvious to us, as the motion of the hands and feet of puppets is obvious to those who look behind the curtain and see who are the wire-pullers):—under these circumstances, to say that money is a medium of exchange and a measure of value, is at least astonishing.