Of Value : Part 14

The Philosophy of Misery
by Pierre-Joseph Proudhon

(Page 16 of 23)

For I entreat the economists to question themselves for a moment in the silence of their hearts, far from the prejudices which disturb them, and regardless of the employments which occupy them or which they wait for, of the interests which they serve, of the votes which they covet, of the distinctions which tickle their vanity: let them tell me whether, hitherto, they have viewed the principle that all labor should leave an excess in connection with this series of premises and conclusions which we have elaborated, and whether they ever have understood these words to mean anything more than the right to speculate in values by manipulating supply and demand; whether it is not true that they affirm at once, on the one hand the progress of wealth and well-being, and consequently the measure of values, and on the other the arbitrariness of commercial transactions and the incommensurability of values, - the flattest of contradictions?

Is it not because of this contradiction that we continually hear repeated in lectures, and read in the works on political economy, this absurd hypothesis: If THE PRICE OF ALL THINGS WAS DOUBLED. . . . . . ? As if the price of all things was not the proportion of things, and as if we could double a proportion, a relation, a law! Finally, is it not because of the proprietary and abnormal routine upheld by political economy that every one, in commerce, industry, the arts, and the State, on the pretended ground of services rendered to society, tends continually to exaggerate his importance, and solicits rewards, subsidies, large pensions, exorbitant fees: as if the reward of every service was not determined necessarily by the sum of its expenses? Why do not the economists, if they believe, as they appear to, that the labor of each should leave an excess, use all their influence in spreading this truth, so simple and so luminous: Each man's labor can buy only the value which it contains, and this value is proportional to the services of all other laborers?

But here a last consideration presents itself, which I will explain in a few words.

J. B. Say, who of all the economists has insisted the most strenuously upon the absolute indeterminability of value, is also the one who has taken the most pains to refute that idea. He, if I am not mistaken, is the author of the formula: EVERY PRODUCT IS WORTH WHAT IT COSTS; or, what amounts to the same thing: PRODUCTS ARE BOUGHT WITH PRODUCTS. This aphorism, which leads straight to equality, has been controverted since by other economists; we will examine in turn the affirmative and the negative.

When I say that every product is worth the products which it has cost, I mean that every product is a collective unit which, in a new form, groups a certain number of other products consumed in various quantities. Whence it follows that the products of human industry are, in relation to each other, genera and species, and that they form a series from the simple to the composite, according to the number and proportion of the elements, all equivalent to each other, which constitute each product. It matters little, for the present, that this series, as well as the equivalence of its elements, is expressed in practice more or less exactly by the equilibrium of wages and fortunes; our first business is with the relation of things, the economic law. For here, as ever, the idea first and spontaneously generates the fact, which, recognized then by the thought which has given it birth, gradually rectifies itself and conforms to its principle.

Commerce, free and competitive, is but a long operation of redressal, whose object is to define more and more clearly the proportionality of values, until the civil law shall recognize it as a guide in matters concerning the condition of persons. I say, then, that Say's principle, EVERY PRODUCT IS WORTH WHAT IT COSTS, indicates a series in human production analogous to the animal and vegetable series, in which the elementary units (day's works) are regarded as equal. So that political economy affirms at its birth, but by a contradiction, what neither Plato, nor Rousseau, nor any ancient or modern publicist has thought possible, - equality of conditions and fortunes.

Prometheus is by turns husbandman, wine-grower, baker, weaver. Whatever trade he works at, laboring only for himself, he buys what he consumes (his products) with one and the same money (his products), whose unit of measurement is necessarily his day's work. It is true that labor itself is liable to vary; Prometheus is not always in the same condition, and from one moment to another his enthusiasm, his fruitfulness, rises and falls. But, like everything that is subject to variation, labor has its average, which justifies us in saying that, on the whole, day's work pays for day's work, neither more nor less. It is quite true that, if we compare the products of a certain period of social life with those of another, the hundred millionth day's work of the human race will show a result incomparably superior to that of the first; but it must be remembered also that the life of the collective being can no more be divided than that of the individual; that, though the days may not resemble each other, they are indissolubly united, and that in the sum total of existence pain and pleasure are common to them. If, then, the tailor, for rendering the value of a day's work, consumes ten times the product of the day's work of the weaver, it is as if the weaver gave ten days of his life for one day of the tailor's. This is exactly what happens when a peasant pays twelve francs to a lawyer for a document which it takes him an hour to prepare; and this inequality, this iniquity in exchanges, is the most potent cause of misery that the socialists have unveiled, - as the economists confess in secret while awaiting a sign from the master that shall permit them to acknowledge it openly.

Every error in commutative justice is an immolation of the laborer, a transfusion of the blood of one man into the body of another. . . . . Let no one be frightened; I have no intention of fulminating against property an irritating philippic; especially as I think that, according to my principles, humanity is never mistaken; that, in establishing itself at first upon the right of property, it only laid down one of the principles of its future organization; and that, the preponderance of property once destroyed, it remains only to reduce this famous antithesis to unity. All the objections that can be offered in favor of property I am as well acquainted with as any of my critics, whom I ask as a favor to show their hearts when logic fails them. How can wealth that is not measured by labor be VALUABLE? And if it is labor that creates wealth and legitimates property, how explain the consumption of the idler? Where is the honesty in a system of distribution in which a product is worth, according to the person, now more, now less, than it costs.

About the Author

Pierre-Joseph Proudhon (January 15, 1809 - January 19, 1865) was a French mutualist political philosopher of the socialist tradition. He was the first individual to call himself an "anarchist" and is considered among the first anarchist thinkers. He was a workingman, a printer, who taught himself to read Latin so as to print books in that language well.