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第7章

labour defended against the claims of capital-第7章

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compensates for his physical inferiority。 After he has inherited
the knowledge of several generations; and when he lives
congregated into great masses; he is enabled by his mental
faculties to complete; as it were; the work of nature; and add to
his intelligence the physical powers of the lower animals。 He
directs his course on the waters; he floats in the air; he dives
into the bowels of the earth; and all which its surface bears he
makes tributary to his use。 The gales which threaten at first to
blow him from the earth; grind his corn; and waft to him a share
in the treasures of the whole world。 He creates at this pleasure
the devouring element of fire; and checks its progress; so that
it destroys only what he has no wish to preserve。 He directs the
course of the stream; and he sets bounds to the ocean; in short;
he presses all the elements into his service; and makes Nature
herself the handmaid to his will。 The instruments he uses to do
all this; which have been invented by his intelligence to aid his
feeble powers; and which are employed by his skill and his hands;
have been called fixed capital; and shutting out of view man
himself; in order to justify the existing order of society; which
is founded on property or possessions; and the existing
oppression of the labourer; who forms unhappily part of these
possessions  all these glorious effects have been attributed;
with a more extraordinary perversion of thought; perhaps; than is
to be found in any other department of knowledge; to fixed and
circulating capital。 The skill and the art of the labourer have
been overlooked; and he has been vilified; while the work of his
hands has been worshipped。 1

'1。 In all errors which are generally adopted there is a
tolerable substratum of truth。 In the present case the substratum
of truth is this: There was time in society when capital and
capitalists were of the most essential service to it。 On the
establishment of towns in Europe; and on the introduction of
manufactures into them; they became the refuge of all the
oppressed and enslaved peasantry who could escape from their
feudal tyrants。 The capitalists and manufacturers who inhabited
them were the skilled labourers; and really gave employment and
protection to the peasantry。 They taught them useful arts; and
hence became invested with the character of benefactors; both to
the poor and the state。 They were infinitely better than the
feudal barons with whom they were compared; and the character
they then acquired they now retain。 The veneration men have for
capital and capitalists is founded on a sort of superstitious and
transmitted notion of their utility in former times。 But they
have long since reduced the ancient tyrant of the soil to
comparative insignificance; while they have inherited his power
over all the labouring classes。 It is; therefore; now time that
the reproaches so long cast on the feudal aristocracy should be
heaped on capital and capitalists; or on that still more
oppressive aristocracy which is founded on wealth; and which is
nourished by profit。'

     I have now show the reader that the effects attributed to
circulating capital result from co…existing labour; and the
assurance common to each labourer; that he will be able to
procure what he wants; or that while he is at work other men are
also at work。 I have also shown that fixed capital is produce by
the skill of the labourer。 Circulating capital; consisting of
food and clothes; is created only for consumption; while fixed
capital; consisting of instruments and tools; is made; not to be
consumed; but to aid the labourer in producing those things which
are to be consumed。 There is no analogy between these two
descriptions of commodities; except that both are the produce of
labour; and both give the owner of them a profit。
     There is; however; a striking difference between them which
deserves to be noticed。 It is usually stated that 〃the productive
industry of any country is in proportion to its capital; increase
when its capital increases; and declines when its capital
declines。〃 This position is true only of circulating capital; but
not of fixed capital。 The number of productive labourers depends
certainly on the quantity of food; clothing; etc。; produced and
appropriated to their use; it is not; however; the quantity but
the quality of the fixed capital on which the productive industry
of a country depends。 Instruments are productive; to use the
improper language of the political economists; not in proportion
as they multiplied; but as they are efficient。 It is probable
that since Mr Watt's improvements on the steam engine one man can
perform as much work with these instruments as ten men did
before。 As the efficiency of the fixed capital is increased by
men obtaining greater knowledge and greater skill; it is quite
possible; and is the case; that a greater quantity of
commodities; or a greater means of nourishing and supporting men;
is obtained with less capital。 Although; therefore; the number of
labourers must at all times depend on the quantity of circulating
capital; or; as I should say; on the quantity of the products of
co…existing labour; which labourers are allowed to consume; the
quality of commodities they produce will depend on the efficiency
of their fixed capital。 Circulating capital nourishes and
supports men as its quantity is increased; fixed capital as a
means of nourishing and supporting men depends for its efficiency
altogether on the skill of the labourer; and consequently the
productive industry of a country; as far as fixed capital is
concerned; is in proportion to the knowledge and skill of the
people。
     The warmest admirers of circulating capital will not pretend
that it adds in the same way as fixed capital to the productive
power of the labourer。 The most extraordinary visionary who ever
wrote cannot suppose circulating capital adds anything to
productive power。 The degree and nature of the utility of both
species of capital is perfectly different and distinct。 The
labourer subsists on what is called circulating capital; he works
with fixed capital。 But equal quantities or equal values of both
these species of capital bring their owner precisely the same
amount of profit。 We may; from this single circumstance; be quite
sure that the share claimed by the capitalist for the use of
fixed capital is not derived from the instruments increasing the
efficiency of labour; or from the utility of these instruments;
and profit is derived in both cases from the power which the
capitalist has over the labourer who consumes the circulating;
and who uses the fixed; capital。 How he obtained this power I
shall not now inquire; further than to state that it is derived
from the whole surface of the country; having been at one period
monopolised by a few persons; and the consequent state of slavery
in which the labourer formerly existed in this country; as well
as throughout Europe。 As the profits of the capitalist on fixed
capital are not derived from the utility of these instruments; it
is useless to inquire what share ought to belong to the owner of
the wood and iron; and what share ought to belong to the person
who uses them。 He who makes the instruments is entitled; in the
eye of justice; and in proportion to the labour he employs; to as
great a reward as he who uses them; but he is not entitled to a
greater; and he who neither makes nor uses them has no just claim
to any portion of the produce。
     Betwixt him who produces food and him who produces clothing;
betwixt him who makes instruments and him who uses them; in steps
the capitalist; who neither makes nor uses them; and appropriates
to himself the produce of both。 With as niggard a hand as
possible he transfers to each a part of the produce of the other;
keeping to himself the large share。 Gradually and successively
has he insinuated himself betwixt them; expanding in bulk as he
has been nourished by their increasingly productive labours; and
separating them so widely from each other that neither can see
whence that supply is drawn which each receives through the
capitalist。 While he despoils both; so comple

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