What is Property [92]
of the idea of property.
Then, between the proprietor and his tenant there is no exchange either of values or services; then, as our axiom says, farm-rent is real increase,--an extortion based solely upon fraud and violence on the one hand, and weakness and ignorance upon the other. PRODUCTS say the economists, ARE BOUGHT ONLY BY PRODUCTS. This maxim is property's condemnation. The proprietor, producing neither by his own labor nor by his implement, and receiving products in exchange for nothing, is either a parasite or a thief. Then, if property can exist only as a right, property is impossible.
COROLLARIES.--1. The republican constitution of 1793, which defined property as "the right to enjoy the fruit of one's labor," was grossly mistaken. It should have said, "Property is the right to enjoy and dispose at will of another's goods,--the fruit of another's industry and labor."
2. Every possessor of lands, houses, furniture, machinery, tools, money, &c., who lends a thing for a price exceeding the cost of repairs (the repairs being charged to the lender, and representing products which he exchanges for other products), is guilty of swindling and extortion. In short, all rent received (nominally as damages, but really as payment for a loan) is an act of property,--a robbery.
HISTORICAL COMMENT.--The tax which a victorious nation levies upon a conquered nation is genuine farm-rent. The seigniorial rights abolished by the Revolution of 1789,--tithes, mortmain, statute-labor, &c.,--were different forms of the rights of property; and they who under the titles of nobles, seigneurs, prebendaries, &c. enjoyed these rights, were neither more nor less than proprietors. To defend property to- day is to condemn the Revolution.
SECOND PROPOSITION.
Property is impossible because wherever it exists Production costs more than it is worth.
The preceding proposition was legislative in its nature; this one is economical. It serves to prove that property, which originates in violence, results in waste.
"Production," says Say, "is exchange on a large scale. To render the exchange productive the value of the whole amount of service must be balanced by the value of the product. If this condition is not complied with, the exchange is unequal; the producer gives more than he receives."
Now, value being necessarily based upon utility, it follows that every useless product is necessarily valueless,--that it cannot be exchanged; and, consequently, that it cannot be given in payment for productive services.
Then, though production may equal consumption, it never can exceed it; for there is no real production save where there is a production of utility, and there is no utility save where there is a possibility of consumption. Thus, so much of every product as is rendered by excessive abundance inconsumable, becomes useless, valueless, unexchangeable,--consequently, unfit to be given in payment for any thing whatever, and is no longer a product.
Consumption, on the other hand, to be legitimate,--to be true consumption,--must be reproductive of utility; for, if it is unproductive, the products which it destroys are cancelled values--things produced at a pure loss; a state of things which causes products to depreciate in value. Man has the power to destroy, but he consumes only that which he reproduces. Under a right system of economy, there is then an equation between production and consumption.
These points established, let us suppose a community of one thousand families, enclosed in a territory of a given circumference, and deprived of foreign intercourse. Let this community represent the human race, which, scattered over the face of the earth, is really isolated. In fact, the difference between a community and the human race being only a numerical one, the economical results will be absolutely the same in each case.
Suppose, then, that these thousand families, devoting themselves exclusively to wheat-culture, are obliged to pay to one hundred individuals, chosen from the mass, an annual
Then, between the proprietor and his tenant there is no exchange either of values or services; then, as our axiom says, farm-rent is real increase,--an extortion based solely upon fraud and violence on the one hand, and weakness and ignorance upon the other. PRODUCTS say the economists, ARE BOUGHT ONLY BY PRODUCTS. This maxim is property's condemnation. The proprietor, producing neither by his own labor nor by his implement, and receiving products in exchange for nothing, is either a parasite or a thief. Then, if property can exist only as a right, property is impossible.
COROLLARIES.--1. The republican constitution of 1793, which defined property as "the right to enjoy the fruit of one's labor," was grossly mistaken. It should have said, "Property is the right to enjoy and dispose at will of another's goods,--the fruit of another's industry and labor."
2. Every possessor of lands, houses, furniture, machinery, tools, money, &c., who lends a thing for a price exceeding the cost of repairs (the repairs being charged to the lender, and representing products which he exchanges for other products), is guilty of swindling and extortion. In short, all rent received (nominally as damages, but really as payment for a loan) is an act of property,--a robbery.
HISTORICAL COMMENT.--The tax which a victorious nation levies upon a conquered nation is genuine farm-rent. The seigniorial rights abolished by the Revolution of 1789,--tithes, mortmain, statute-labor, &c.,--were different forms of the rights of property; and they who under the titles of nobles, seigneurs, prebendaries, &c. enjoyed these rights, were neither more nor less than proprietors. To defend property to- day is to condemn the Revolution.
SECOND PROPOSITION.
Property is impossible because wherever it exists Production costs more than it is worth.
The preceding proposition was legislative in its nature; this one is economical. It serves to prove that property, which originates in violence, results in waste.
"Production," says Say, "is exchange on a large scale. To render the exchange productive the value of the whole amount of service must be balanced by the value of the product. If this condition is not complied with, the exchange is unequal; the producer gives more than he receives."
Now, value being necessarily based upon utility, it follows that every useless product is necessarily valueless,--that it cannot be exchanged; and, consequently, that it cannot be given in payment for productive services.
Then, though production may equal consumption, it never can exceed it; for there is no real production save where there is a production of utility, and there is no utility save where there is a possibility of consumption. Thus, so much of every product as is rendered by excessive abundance inconsumable, becomes useless, valueless, unexchangeable,--consequently, unfit to be given in payment for any thing whatever, and is no longer a product.
Consumption, on the other hand, to be legitimate,--to be true consumption,--must be reproductive of utility; for, if it is unproductive, the products which it destroys are cancelled values--things produced at a pure loss; a state of things which causes products to depreciate in value. Man has the power to destroy, but he consumes only that which he reproduces. Under a right system of economy, there is then an equation between production and consumption.
These points established, let us suppose a community of one thousand families, enclosed in a territory of a given circumference, and deprived of foreign intercourse. Let this community represent the human race, which, scattered over the face of the earth, is really isolated. In fact, the difference between a community and the human race being only a numerical one, the economical results will be absolutely the same in each case.
Suppose, then, that these thousand families, devoting themselves exclusively to wheat-culture, are obliged to pay to one hundred individuals, chosen from the mass, an annual