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II

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Now, the same general laws that regulate the price of commodities in general of course also regulate wages, the price of labour.

Wages will rise and fall according to the relation of demand and supply, according to the turn taken by the competition between the buyers of labour, the capitalists, and the sellers of labour,20 the workers. The fluctuations in wages correspond in general to the fluctuations in prices and commodities. Within the fluctuations, however, the price of labour will be determined by the cost of production, by the labour time necessary to produce this commodity – labour.21

What, then, is the cost of production of labour? 22

It is the cost required for maintaining the worker as a worker and for developing him into a worker.

The less the period of training, therefore, that any work requires, the smaller is the cost of production of the worker and the lower is the price of his labour, his wages. In those branches of industry in which hardly any period of apprenticeship is required and where the mere bodily existence of the worker suffices, the cost necessary for his production is almost confined to the commodities necessary for keeping him alive.23 The price of his labour will, therefore, be determined by the price of the necessary means of subsistence.

Another consideration, however, also comes in.

The manufacturer in calculating his cost of production and, accordingly, the price of the products takes into account the wear and tear of the instruments of labour. If, for example, a machine costs him 1,000 francs and wears out in ten years, he adds 100 francs annually to the price of the commodities so as to be able to replace the worn‐out machine by a new one at the end of ten years. In the same way, in calculating the cost of production of simple labour,24 there must be included the cost of reproduction, whereby the race of workers is enabled to multiply and to replace worn‐out workers by new ones. Thus the depreciation of the worker is taken into account in the same way as the depreciation of the machine.

The cost of production of simple labour, therefore, amounts to the cost of existence and reproduction of the worker. The price of this cost of existence and reproduction constitutes wages. Wages so determined are called the wage minimum. This wage minimum, like the determination of the price of commodities by the cost of production in general, does not hold good for the single individual but for the species. Individual workers, millions of workers, do not get enough to be able to exist and reproduce themselves; but the wages of the whole working class level down, within their fluctuations, to this minimum.

[…]

In production, men enter into relation not only with nature.25 They produce only by co‐operating in a certain way and mutually exchanging their activities. In order to produce, they enter into definite connections and relations with one another and only within these social connections and relations does their relation with nature,26 does production, take place.

These social relations into which the producers enter with one another, the conditions under which they exchange their activities and participate in the whole act of production, will naturally vary according to the character of the means of production. With the invention of a new instrument of warfare, firearms, the whole internal organization of the army necessarily changed; the relationships within which individuals can constitute an army and act as an army were transformed and the relations of different armies to one another also changed.

Thus the social relations within which individuals produce, the social relations of production, change, are transformed, with the change and development of the material means of production, the productive forces. The relations of production in their totality constitute what are called the social relations, society, and, specifically, a society at a definite stage of historical development, a society with a peculiar, distinctive character. Ancient society, feudal society, bourgeois society are such totalities of production relations, each of which at the same time denotes a special stage of development in the history of mankind.

Capital, also, is a social relation of production. It is a bourgeois production relation, a production relation of bourgeois society. Are not the means of subsistence, the instruments of labour, the raw materials of which capital consists, produced and accumulated under given social conditions, in definite social relations? Are they not utilized for new production under given social conditions, in definite social relations? And is it not just this definite social character which turns the products serving for new production into capital?

Capital consists not only of means of subsistence, instruments of labour and raw materials, not only of material products; it consists just as much of exchange values. All the products of which it consists are commodities. Capital is, therefore, not only a sum of material products; it is a sum of commodities, of exchange values, of social magnitudes.

[…]

The interests of the capitalist and those of the worker are, therefore, one and the same, assert the bourgeois and their economists. Indeed! The worker perishes if capital does not employ him. Capital perishes if it does not exploit labour,27 and in order to exploit it, it must buy it. The faster capital intended for production, productive capital, increases, the more, therefore, industry prospers, the more the bourgeoisie enriches itself and the better business is, the more workers does the capitalist need, the more dearly does the worker sell himself.

The indispensable condition for a tolerable situation of the worker is, therefore, the fastest possible growth of productive capital.

But what is the growth of productive capital? Growth of the power of accumulated labour over living labour. Growth of the domination of the bourgeoisie over the working class. If wage labour produces the wealth of others that rules over it, the power that is hostile to it, capital, then the means of employment [Beschäftigungsmittel], that is, the means of subsistence, flow back to it from this hostile power, on condition that it makes itself afresh into a part of capital, into the lever which hurls capital anew into an accelerated movement of growth.

To say that the interests of capital and those of labour 28 are one and the same is only to say that capital and wage labour are two sides of one and the same relation. The one conditions the other, just as usurer and squanderer condition each other.

As long as the wage‐worker is a wage‐worker his lot depends upon capital. That is the much‐vaunted community of interests between worker and capitalist.

Even the most favourable situation for the working class, the most rapid possible growth of capital, however much it may improve the material existence of the worker, does not remove the antagonism between his interests and the interests of the bourgeoisie, the interests of the capitalist. Profit and wages remain as before in inverse proportion.

If capital is growing rapidly, wages may rise; the profit of capital rises incomparably more rapidly. The material position of the worker has improved, but at the cost of his social position. The social gulf that divides him from the capitalist has widened.

Finally:

To say that the most favourable condition for wage labour is the most rapid possible growth of productive capital is only to say that the more rapidly the working class increases and enlarges the power that is hostile to it, the wealth that does not belong to it and that rules over it, the more favourable will be the conditions under which it is allowed to labour anew at increasing bourgeois wealth, at enlarging the power of capital, content with forging for itself the golden chains by which the bourgeoisie drags it in its train.

Concise Reader in Sociological Theory

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