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The Profit of Capital

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The profit or gain of capital is altogether different from the wages of labour. This difference is manifested in two ways: in the first place, the profits of capital are regulated altogether by the value of the capital employed, although the labour of inspection and direction associated with different capitals may be the same. Moreover in large works the whole of this labour is committed to some principal clerk, whose salary bears no regular proportion to the ||II,2| capital of which he oversees the management. And although the labour of the proprietor is here reduced almost to nothing, he still demands profits in proportion to his capital. (Adam Smith, op. cit., Vol. I, p. 43 [Garnier, t. I, pp. 97–99].)7

Why does the capitalist demand this proportion between profit and capital?

He would have no interest in employing the workers, unless he expected from the sale of their work something more than is necessary to replace the stock advanced by him as wages and he would have no interest to employ a great stock rather than a small one, unless his profits were to bear some proportion to the extent of his stock. (Adam Smith, op. cit., Vol. I, p. 42 [Garnier, t. I, pp. 96–97].)

The capitalist thus makes a profit, first, on the wages, and secondly on the raw materials advanced by him.

[…]

We proceed from an actual economic fact.

The worker becomes all the poorer the more wealth he produces, the more his production increases in power and size. The worker becomes an ever cheaper commodity the more commodities he creates. The devaluation of the world of men is in direct proportion to the increasing value of the world of things. Labour produces not only commodities: it produces itself and the worker as a commodity – and this at the same rate at which it produces commodities in general.

This fact expresses merely that the object which labour produces – labour’s product – confronts it as something alien, as a power independent of the producer. The product of labour is labour which has been embodied in an object, which has become material: it is the objectification of labour. Labour’s realisation is its objectification. Under these economic conditions this realisation of labour appears as loss of realisation for the workers; objectification as loss of the object and bondage to it; appropriation as estrangement, as alienation.

So much does labour’s realisation appear as loss of realisation that the worker loses realisation to the point of starving to death. So much does objectification appear as loss of the object that the worker is robbed of the objects most necessary not only for his life but for his work. Indeed, labour itself becomes an object which he can obtain only with the greatest effort and with the most irregular interruptions. So much does the appropriation of the object appear as estrangement that the more objects the worker produces the less he can possess and the more he falls under the sway of his product, capital.

All these consequences are implied in the statement that the worker is related to the product of his labour as to an alien object. For on this premise it is clear that the more the worker spends himself, the more powerful becomes the alien world of objects which he creates over and against himself, the poorer he himself – his inner world – becomes, the less belongs to him as his own. It is the same in religion. The more man puts into God, the less he retains in himself. The worker puts his life into the object; but now his life no longer belongs to him but to the object. Hence, the greater this activity, the more the worker lacks objects. Whatever the product of his labour is, he is not. Therefore the greater this product, the less is he himself. The alienation of the worker in his product means not only that his labour becomes an object, an external existence, but that it exists outside him, independently, as something alien to him, and that it becomes a power on its own confronting him. It means that the life which he has conferred on the object confronts him as something hostile and alien.

||XXIII/ Let us now look more closely at the objectification, at the production of the worker; and in it at the estrangement, the loss of the object, of his product.

The worker can create nothing without nature, without the sensuous external world. It is the material on which his labour is realised, in which it is active, from which and by means of which it produces.

But just as nature provides labour with [the] means of life in the sense that labour cannot live without objects on which to operate, on the other hand, it also provides the means of life in the more restricted sense, i.e., the means for the physical subsistence of the worker himself.

Thus the more the worker by his labour appropriates the external world, sensuous nature, the more he deprives himself of means of life in two respects: first, in that the sensuous external world more and more ceases to be an object belonging to his labour – to be his labour’s means of life; and secondly, in that it more and more ceases to be means of life in the immediate sense, means for the physical subsistence of the worker.

In both respects, therefore, the worker becomes a servant of his object, first, in that he receives an object of labour, i.e., in that he receives work; and secondly, in that he receives means of subsistence. This enables him to exist, first, as a worker, and, second, as a physical subject. The height of this servitude is that it is only as a worker that he can maintain himself as a physical subject, and that it is only as a physical subject that he is a worker.

(According to the economic laws the estrangement of the worker in his object is expressed thus: the more the worker produces, the less he has to consume; the more values he creates, the more valueless, the more unworthy he becomes; the better formed his product, the more deformed becomes the worker; the more civilised his object, the more barbarous becomes the worker; the more powerful labour becomes, the more powerless becomes the worker; the more ingenious labour becomes, the less ingenious becomes the worker and the more he becomes nature’s servant.)

Political economy conceals the estrangement inherent in the nature of labour by not considering the direct relationship between the worker (labour) and production. It is true that labour produces wonderful things for the rich – but for the worker it produces privation. It produces palaces – but for the worker, hovels. It produces beauty – but for the worker, deformity. It replaces labour by machines, but it throws one section of the workers back to a barbarous type of labour, and it turns the other section into a machine. It produces intelligence – but for the worker, stupidity, cretinism.

The direct relationship of labour to its products is the relationship of the worker to the objects of his production. The relationship of the man of means to the objects of production and to production itself is only a consequence of this first relationship – and confirms it. We shall consider this other aspect later. When we ask, then, what is the essential relationship of labour we are asking about the relationship of the worker to production.

Till now we have been considering the estrangement; the alienation of the worker only in one of its aspects, i.e., the worker’s relationship to the products of his labour. But the estrangement is manifested not only in the result but in the act of production, within the producing activity itself. How could the worker come to face the product of his activity as a stranger, were it not that in the very act of production he was estranging himself from himself? The product is after all but the summary of the activity, of production. If then the product of labour is alienation, production itself must be active alienation, the alienation of activity, the activity of alienation. In the estrangement of the object of labour is merely summarised the estrangement, the alienation, in the activity of labour itself.

What, then, constitutes the alienation of labour?

First, the fact that labour is external to the worker, i.e., it does not belong to his intrinsic nature; that in his work, therefore, he does not affirm himself but denies himself, does not feel content but unhappy, does not develop freely his physical and mental energy but mortifies his body and ruins his mind. The worker therefore only feels himself outside his work, and in his work feels outside himself. He feels at home when he is not working, and when he is working he does not feel at home. His labour is therefore not voluntary, but coerced; it is forced labour. It is therefore not the satisfaction of a need; it is merely a means to satisfy needs external to it. Its alien character emerges clearly in the fact that as soon as no physical or other compulsion exists, labour is shunned like the plague. External labour, labour in which man alienates himself, is a labour of self‐sacrifice, of mortification. Lastly, the external character of labour for the worker appears in the fact that it is not his own, but someone else’s, that it does not belong to him, that in it he belongs, not to himself, but to another. Just as in religion the spontaneous activity of the human imagination, of the human brain and the human heart, operates on the individual independently of him – that is, operates as an alien, divine or diabolical activity – so is the worker’s activity not his spontaneous activity. It belongs to another; it is the loss of his self.

As a result, therefore, man (the worker) only feels himself freely active in his animal functions – eating, drinking, procreating, or at most in his dwelling and in dressing‐up, etc.; and in his human functions he no longer feels himself to be anything but an animal. What is animal becomes human and what is human becomes animal.

Certainly eating, drinking, procreating, etc., are also genuinely human functions. But taken abstractly, separated from the sphere of all other human activity and turned into sole and ultimate ends, they are animal functions.

We have considered the act of estranging practical human activity, labour, in two of its aspects. (1) The relation of the worker to the product of labour as an alien object exercising power over him. This relation is at the same time the relation to the sensuous external world, to the objects of nature, as an alien world inimically opposed to him. (2) The relation of labour to the act of production within the labour process. This relation is the relation of the worker to his own activity as an alien activity not belonging to him; it is activity as suffering, strength as weakness, begetting as emasculating, the worker’s own physical and mental energy, his personal life – for what is life but activity? – as an activity which is turned against him, independent of him and not belonging to him. Here we have self‐estrangement, as previously we had the estrangement of the thing.

||XXIV| We have still a third aspect of estranged labour to deduce from the two already considered.

Man is a species‐being, not only because in practice and in theory he adopts the species (his own as well as those of other things) as his object, but – and this is only another way of expressing it – also because he treats himself as the actual, living species; because he treats himself as a universal and therefore a free being.

The life of the species, both in man and in animals, consists physically in the fact that man (like the animal) lives on inorganic nature; and the more universal man (or the animal) is, the more universal is the sphere of inorganic nature on which he lives. Just as plants, animals, stones, air, light, etc., constitute theoretically a part of human consciousness, partly as objects of natural science, partly as objects of art – his spiritual inorganic nature, spiritual nourishment which he must first prepare to make palatable and digestible – so also in the realm of practice they constitute a part of human life and human activity. Physically man lives only on these products of nature, whether they appear in the form of food, heating, clothes, a dwelling, etc. The universality of man appears in practice precisely in the universality which makes all nature his inorganic body – both inasmuch as nature is (1) his direct means of life, and (2) the material, the object, and the instrument of his life activity. Nature is man’s inorganic body – nature, that is, insofar as it is not itself human body. Man lives on nature – means that nature is his body, with which he must remain in continuous interchange if he is not to die. That man’s physical and spiritual life is linked to nature means simply that nature is linked to itself, for man is a part of nature.

In estranging from man (1) nature, and (2) himself, his own active functions, his life activity, estranged labour estranges the species from man. It changes for him the life of the species into a means of individual life. First it estranges the life of the species and individual life, and secondly it makes individual life in its abstract form the purpose of the life of the species, likewise in its abstract and estranged form.

For labour, life activity, productive life itself, appears to man in the first place merely as a means of satisfying a need – the need to maintain physical existence. Yet the productive life is the life of the species. It is life‐engendering life. The whole character of a species – its species‐character – is contained in the character of its life activity; and free, conscious activity is man’s species‐character. Life itself appears only as a means to life.

The animal is immediately one with its life activity. It does not distinguish itself from it. It is its life activity. Man makes his life activity itself the object of his will and of his consciousness. He has conscious life activity. It is not a determination with which he directly merges. Conscious life activity distinguishes man immediately from animal life activity. It is just because of this that he is a species‐being. Or it is only because he is a species‐being that he is a conscious being, i.e., that his own life is an object for him. Only because of that is his activity free activity. Estranged labour reverses this relationship, so that it is just because man is a conscious being that he makes his life activity, his essential being, a mere means to his existence.

In creating a world of objects by his practical activity, in his work upon inorganic nature, man proves himself a conscious species‐being, i.e., as a being that treats the species as its own essential being, or that treats itself as a species‐being. Admittedly animals also produce. They build themselves nests, dwellings, like the bees, beavers, ants, etc. But an animal only produces what it immediately needs for itself or its young. It produces one‐sidedly, whilst man produces universally. It produces only under the dominion of immediate physical need, whilst man produces even when he is free from physical need and only truly produces in freedom therefrom. An animal produces only itself, whilst man reproduces the whole of nature. An animal’s product belongs immediately to its physical body, whilst man freely confronts his product. An animal forms objects only in accordance with the standard and the need of the species to which it belongs, whilst man knows how to produce in accordance with the standard of every species, and knows how to apply everywhere the inherent standard to the object. Man therefore also forms objects in accordance with the laws of beauty.

It is just in his work upon the objective world, therefore, that man really proves himself to be a species‐being. This production is his active species‐life. Through this production, nature appears as his work and his reality. The object of labour is, therefore, the objectification of man’s species‐life: for he duplicates himself not only, as in consciousness, intellectually, but also actively, in reality, and therefore he sees himself in a world that he has created. In tearing away from man the object of his production, therefore, estranged labour tears from him his species‐life, his real objectivity as a member of the species, and transforms his advantage over animals into the disadvantage that his inorganic body, nature, is taken away from him.

Similarly, in degrading spontaneous, free activity to a means, estranged labour makes man’s species‐life a means to his physical existence.

The consciousness which man has of his species is thus transformed by estrangement in such a way that species[‐life] becomes for him a means.

Estranged labour turns thus:

(3) Man’s species‐being, both nature and his spiritual species‐property, into a being alien to him, into a means for his individual existence. It estranges from man his own body, as well as external nature and his spiritual aspect, his human aspect.

(4) An immediate consequence of the fact that man is estranged from the product of his labour, from his life activity, from his species‐being is the estrangement of man from man. When man confronts himself, he confronts the other man. What applies to a man’s relation to his work, to the product of his labour and to himself, also holds of a man’s relation to the other man, and to the other man’s labour and object of labour.

[…]

Private property thus results by analysis from the concept of alienated labour, i.e., of alienated man, of estranged labour, of estranged life, of estranged man.

[…]

(5) The meaning of private property – apart from its estrangement – is the existence of essential objects for man, both as objects of enjoyment and as objects of activity.

By possessing the property of buying everything, by possessing the property of appropriating all objects, money is thus the object of eminent possession. The universality of its property is the omnipotence of its being. It is therefore regarded as omnipotent.… Money is the procurer between man’s need and the object, between his life and his means of life. But that which mediates my life for me, also mediates the existence of other people for me. For me it is the other person.

[…]

That which is for me through the medium of money – that for which I can pay (i.e., which money can buy) – that am I myself, the possessor of the money. The extent of the power of money is the extent of my power. Money’s properties are my – the possessor’s – properties and essential powers. Thus, what I am and am capable of is by no means determined by my individuality. I am ugly, but I can buy for myself the most beautiful of women. Therefore I am not ugly, for the effect of ugliness – its deterrent power – is nullified by money. I, according to my individual characteristics, am lame, but money furnishes me with twenty‐four feet. Therefore I am not lame. I am bad, dishonest, unscrupulous, stupid; but money is honoured, and hence its possessor. Money is the supreme good, therefore its possessor is good. Money, besides, saves me the trouble of being dishonest: I am therefore presumed honest. I am brainless, but money is the real brain of all things and how then should its possessor be brainless? Besides, he can buy clever people for himself, and is he who has8 power over the clever not more clever than the clever? Do not I, who thanks to money am capable of all that the human heart longs for, possess all human capacities? Does not my money, therefore, transform all my incapacities into their contrary?

If money is the bond binding me to human life, binding society to me, connecting me with nature and man, is not money the bond of all bonds? Can it not dissolve and bind all ties? Is it not, therefore, also the universal agent of separation? It is the coin that really separates as well as the real binding agent – the […]9 chemical power of society.

Concise Reader in Sociological Theory

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