Considering producer and consumer as a single individual, whose recompense is naturally equal to his product; then dividing this product into two parts, one which rewards the producer for his outlay, another which represents his profit, according to the axiom that all labor should leave an excess,—we have to determine the relation of one of these parts to the other. This done, it will be easy to deduce the ratio of the fortunes of these two classes of men, employers and wage-laborers, as well as account for all commercial oscillations. This will be a series of corollaries to add to the demonstration.
Now, that such a relation may exist and be estimated, there must necessarily be a law, internal or external, which governs wages and prices; and since, in the present state of things, wages and prices vary and oscillate continually, we must ask what are the general facts, the causes, which make value vary and oscillate, and within what limits this oscillation takes place.
But this very question is contrary to the accepted principles; for whoever says OSCILLATION necessarily supposes a mean direction toward which value's centre of gravity continually tends; and when the Academy asks that we DETERMINE THE OSCILLATIONS OF PROFIT AND WAGES, it asks thereby that we DETERMINE VALUE. Now that is precisely what the gentlemen of the Academy deny: they are unwilling to admit that, if value is variable, it is for that very reason determinable; that variability is the sign and condition of determinability. They pretend that value, ever varying, can never be determined. This is like maintaining that, given the number of oscillations of a pendulum per second, their amplitude, and the latitude and elevation of the spot where the experiment is performed, the length of the pendulum cannot be determined because the pendulum is in motion. Such is political economy's first article of faith.
As for socialism, it does not appear to have understood the question, or to be concerned about it. Among its many organs, some simply and merely put aside the problem by substituting division for distribution,—that is, by banishing number and measure from the social organism: others relieve themselves of the embarrassment by applying universal suffrage to the wages question. It is needless to say that these platitudes find dupes by thousands and hundreds of thousands.
The condemnation of political economy has been formulated by
Malthus in this famous passage:—
A man who is born into a world already occupied, his family unable to support him, and society not requiring his labor,—such a man, I say, has not the least right to claim any nourishment whatever: he is really one too many on the earth. At the great banquet of Nature there is no plate laid for him. Nature commands him to take himself away, and she will not be slow to put her order into execution.[6]
[6 The passage quoted may not be given in the exact words used by Malthus, it having reached its present shape through the medium of a French rendering—Translator.
This then is the necessary, the fatal, conclusion of political economy,—a conclusion which I shall demonstrate by evidence hitherto unknown in this field of inquiry,—Death to him who does not possess!
In order better to grasp the thought of Malthus, let us translate it into philosophical propositions by stripping it of its rhetorical gloss:—
"Individual liberty, and property, which is its expression, are economical data; equality and solidarity are not.