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quantity; still less proportionate to the labour expended。
What is commonly called cheapness of labour; signifies;
therefore; in reality; that many obstacles have to be overcome by
it; so that much labour is required to produce a small result。
But this should never be spoken of as cheapness of labour; but as
dearness of the object wrought for。 It would be just as rational
to say that walking was cheap; because we had ten miles to walk
home to our dinner; as that labour was cheap; because we had to
work ten hours to earn it。
The last word which we have to define is 〃Production。〃
I have hitherto spoken of all labour as profitable; because
it is impossible to consider under one head the quality or value
of labour; and its aim。 But labour of the best quality may be
various in aim。 It may be either constructive (〃gathering〃 from
con and struo); as agriculture; nugatory; as jewel…cutting; or
destructive (〃scattering;〃 from de and struo); as war。 It is not;
however; always easy to prove labour; apparently nugatory; to be
actually so;(25*) generally; the formula holds good: 〃he that
gathereth not; scattereth〃; thus; the jeweller's art is probably
very harmful in its ministering to a clumsy and inelegant pride。
So that; finally; I believe nearly all labour may be shortly
divided into positive and negative labour: positive; that which
produces life; negative; that which produces death; the most
directly negative labour being murder; and the most directly
positive; the bearing and rearing of children; so that in the
precise degree in which murder is hateful; on the negative side
of idleness; in the exact degree child…rearing is admirable; on
the positive side of idleness。 For which reason; and because of
the honour that there is in rearing children;(26*) while the wife
is said to be as the vine (for cheering); the children are as the
olive branch; for praise: nor for praise only; but for peace
(because large families can only be reared in times of peace):
though since; in their spreading and voyaging in various
directions; they distribute strength; they are; to the home
strength; as arrives in the hand of the giant striking here;
and there far away。
Labour being thus various in its result; the prosperity of
any nation is in exact proportion to the quantity of labour which
it spends in obtaining and employing means of life。 Observe; I
say; obtaining and employing; that is to say; not merely wisely
producing; but wisely distributing and consuming。 Economists
usually speak as if there were no good in consumption
absolute。(27*) So far from this being so; consumption absolute is
the end; crown; and perfection of production; and wise
consumption is a far more difficult art than wise production。
Twenty people can gain money for one who can use it; and the
vital question; for individual and for nation; is; never 〃how
much do they make?〃 but 〃to what purpose do they spend?〃
The reader may; perhaps; have been surprised at the slight
reference I have hitherto made to 〃capital;〃 and its functions。
It is here the place to define them。
Capital signifies 〃head; or source; or root material〃 it
is material by which some derivative or secondary good is
produced。 It is only capital proper (caput vivum; not caput
mortuum) when it is thus producing something different from
itself。 It is a root; which does not enter into vital function
till it produces something else than a root: namely; fruit。 That
fruit will in time again produce roots; and so all living capital
issues in reproduction of capital; but capital which produces
nothing but capital is only root producing root; bulb issuing in
bulb; never in tulip; seed issuing in seed; never in bread。 The
Political Economy of Europe has hitherto devoted itself wholly to
the multiplication; or (less even) the aggregation; of bulbs。 It
never saw; nor conceived; such a thing as a tulip。 Nay; boiled
bulbs they might have been glass bulbs Prince Rupert's
drops; consummated in powder (well; if it were glass…powder and
not gunpowder); for any end or meaning the economists had in
defining the laws of aggregation。 We will try and get a clearer
notion of them。
The best and simplest general type of capital is a well…made
ploughshare。 Now; if that ploughshare did nothing but beget other
ploughshares; in a polypous manner; however the great cluster
of polypous plough might glitter in the sun; it would have lost
its function of capital。 It becomes true capital only by another
kind of splendour; when it is seen 〃splendescere sulco;〃 to
grow bright in the furrow; rather with diminution of its
substance; than addition; by the noble friction。 And the true
home question; to every capitalist and to every nation; is not;
〃how many ploughs have you?〃 but; 〃where are your furrows?〃 not
〃how quickly will this capital reproduce itself?〃 but;
〃what will it do during reproduction?〃 What substance will it
furnish; good for life? what work construct; protective of life?
if none; its own reproduction is useless if worse than none;
(for capital may destroy life as well as support it); its own
reproduction is worse than useless; it is merely an advance from
Tisiphone; on mortgage not a profit by any means。
Not a profit; as the ancients truly saw; and showed in the
type of Ixion; for capital is the head; or fountain head of
wealth the 〃well…head〃 of wealth; as the clouds are the
well…heads of rain; but when clouds are without water; and only
beget clouds; they issue in wrath at last; instead of rain; and
in lightning instead of harvest; whence Ixion is said first to
have invited his guests to a banquet; and then made them fall
into a pit; (as also Demas' silver mine;) after which; to show
the rage of riches passing from lust of pleasure to lust of
power; yet power not truly understood; Ixion is said to have
desired Juno; and instead; embracing a cloud (or phantasm); to
have begotten the Centaurs; the power of mere wealth being; in
itself; as the embrace of a shadow; comfortless; (so also
〃Ephraim feedeth on wind and followth after the east wind;〃 or
〃that which is not〃 Prov。 xxiii。 5; and again Dante's Geryon;
the type of avaricious fraud; as he flies; gathers the air up
with retractile claws; 〃l'aer a se raccolse〃(28*)) but in its
offspring; a mingling of the brutal with the human nature; human
in sagacity using both intellect and arrow; but brutal in its
body and hoof; for consuming; and trampling down。 For which sin
Ixion is at last bound upon a wheel fiery and toothed; and
rolling perpetually in the air: the type of human labour when
selfish and fruitless (kept far into the Middle Ages in their
wheels of fortune); the wheel which has in it no breath or
spirit; but is whirled by chance only; whereas of all true work
the Ezekiel vision is true; that the Spirit of the living
creature is in the wheels; and where the angels go; the wheels go
by them; but move no otherwise。
This being the real nature of capital; it follows that there
are two kinds of true production; always going on in an active
State: one of seed; and one of food; or production for the
Ground; and for the Mouth; both of which are by covetous persons
thought to be production only for the granary; whereas the
function of the granary is but intermediate and conservative;
fulfilled in distribution; else it ends in nothing but mildew;
and nourishment of rats and worms。 And since production for the