Political economy throws no light on the cause of the division between labor and capital, and between capital and land. It does not comprehend these laws – i.e., it does not demonstrate how they arise from the very nature of private property. ![]() It expresses in general, abstract formulas the material process through which private property actually passes, and these formulas it then takes for laws. ![]() Political economy starts with the fact of private property it does not explain it to us. On the basis of political economy itself, in its own words, we have shown that the worker sinks to the level of a commodity and becomes indeed the most wretched of commodities that the wretchedness of the worker is in inverse proportion to the power and magnitude of his production that the necessary result of competition is the accumulation of capital in a few hands, and thus the restoration of monopoly in a more terrible form and that finally the distinction between capitalist and land rentier, like that between the tiller of the soil and the factory worker, disappears and that the whole of society must fall apart into the two classes – property owners and propertyless workers. We presupposed private property, the separation of labor, capital and land, and of wages, profit of capital and rent of land – likewise division of labor, competition, the concept of exchange value, etc. We have accepted its language and its laws. ||XXII| We have proceeded from the premises of political economy. ![]() Economic and Philosophical Manuscripts of 1844.
0 Comments
Leave a Reply. |
Details
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |