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The World's Greatest Books [Volumes 1-15, 17-20]

Электронная книга - «The World's Greatest Books [Volumes 1-15, 17-20]». Краткое содержание книги:

Антология содержит:
The World's Greatest Books — Volume 01 — Fiction от Неизвестный
The World's Greatest Books — Volume 02 — Fiction от Неизвестный
The World's Greatest Books — Volume 03 — Fiction от Неизвестный
The World's Greatest Books — Volume 04 — Fiction от Неизвестный
The World's Greatest Books — Volume 05 — Fiction от Неизвестный
The World's Greatest Books — Volume 06 — Fiction от Неизвестный
The World's Greatest Books — Volume 07 — Fiction от Неизвестный
The World's Greatest Books — Volume 08 — Fiction от Неизвестный
The World's Greatest Books — Volume 09 — Lives and Letters от Неизвестный
The World's Greatest Books — Volume 10 — Lives and Letters от Неизвестный
The World's Greatest Books — Volume 11 — Ancient and Mediæval History от Неизвестный
The World's Greatest Books — Volume 12 — Modern History от Неизвестный
The World's Greatest Books — Volume 13 — Religion and Philosophy от Неизвестный
The World's Greatest Books — Volume 14 — Philosophy and Economics от Неизвестный
The World's Greatest Books — Volume 15 — Science от Неизвестный
The World's Greatest Books — Volume 17 — Poetry and Drama от Неизвестный
The world's greatest books от Mee, Arthur, 1875-1943, joint editor & Hammerton, John Alexander, Sir, 1871-1949, joint editor & McClure, S. S. (Samuel Sidney), 1857-1949, joint editor
The World's Greatest Books — Volume 19 — Travel and Adventure от Неизвестный
The World's Greatest Books — Volume 20 — Miscellaneous Literature and Index от Неизвестный
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Consider the case of Westphalian peasants who, in the time of Frederic II., were all spinners of flax, and were forcibly expropriated from the soil they had owned under feudal tenure. Some, however, remained and were converted into day-labourers for large farmers. At the same time arose large flax-spinning and weaving factories in which would work men who had been "set free" from the soil. The flax looks just the same as before, but a new social soul has entered its body, for it now forms a part of the constant capital of the master manufacturer.

The flax which was formerly produced by a number of families, who also spun it in retail fashion after growing it, is now concentrated in the establishment of a single capitalist, who employs others to spin and weave it for him. So the extra labour which formerly realised extra income to many peasant families now brings profit to a few capitalists. The spindles and the looms formerly scattered over the country are now crowded into great labour barracks. The machines and raw material are now transformed from means of independent livelihood for the peasant spinners and weavers into means for mastering them and extracting out of them badly-paid labour.

The genesis of the industrial capitalist did not proceed in such a gradual way as that of the farmer, for it was accelerated by the commercial demands of the new world-market created by the great discoveries of the end of the fifteenth century. The Middle Ages had handed down two distinct forms of capital—the usurer's capital and the merchant's capital. For a time the money capital formed by means of usury and commerce was prevented from conversion into industrial capital, in the country by feudalism, in the towns by the guilds. These hindrances vanished with the disappearance of feudal society and the expropriation and partial eviction of the rural population. The new manufactures were established at seaports, or at inland points beyond the control of the old municipalities and their guilds. Hence, in England arose an embittered struggle of the corporate towns against these new industrial nurseries.

The power of the state, concentrating and organising the force of society, hastened the transition, shortening the process of transformation of the feudal mode of production into the capitalist mode.

The next development of the capitalist era was the rise of the stock exchange and the great banks. The latter were at first merely associations of private speculators, who, in exchange for privileges bestowed on them, advanced money to help the governments. The Bank of England, founded in 1684, began by lending money to the government at eight per cent. At the same time it was empowered by parliament to coin money out of the same capital, by lending it again to the public in the form of bank-notes.

By degrees the Bank of England became the eternal creditor of the nation, and so arose the national debt, together with an international credit system, which has often concealed one or other of the sources of primitive accumulation of this or that people. One of the main lines of international business is the lending out of enormous amounts of capital by one country to another. Much capital which to-day appears in America without any certificate of birth, was yesterday in England, the capitalised blood of her children.

Terrible cruelty characterised much of the development of industrial capitalism, both on the Continent and in England. The birth of modern industry is heralded by a great slaughter of the innocents. Like the royal navy, the factories were recruited by the press-gang. Cottages and workhouses were ransacked for poor children to recruit the factory staffs, and these were forced to work by turns during the greater part of the night. As Lancashire was thinly populated and great numbers of hands were suddenly wanted, thousands of little hapless creatures, whose nimble little fingers were especially wanted, were sent down to the north from the workhouses of London, Birmingham, and other towns. These apprentices were flogged, tortured, and fettered. The profits of manufacturers were enormous. At length Sir Robert Peel brought in his bill for the protection of children.

With the growth of capitalist production during the manufacturing period the public conscience of Europe had lost the last remnant of shame, and the nations cynically boasted of every infamy that reinforced capitalistic accumulation. Liverpool waxed fat on the slave trade. The child-slavery in the European manufactories needed for its pedestal the slavery, pure and simple, of the negroes imported into America. If money, according to Marie Augier, "comes into the world with a congenital bloodstain on one cheek," capital comes dripping from head to foot, from every pore, with blood and dirt.

III.—Commodities, Exchange and Capital

A commodity is an object, external to ourselves, which by its properties in some way satisfies human wants. The utility of a thing constitutes its use-value. Use-values of commodities form the substance of all wealth, and also become the material repositories of exchange-value. The magnitude of the value of any article is determined by the labour-time socially necessary for its production. So the value of a commodity would remain constant if the labour-time required for its production also remained constant. But the latter varies with every variation in the productiveness of labour.

An article may have use-value, and yet be without value, if its utility is not due to labour, as in the case of air, or virgin soil, or natural meadows. If a thing be useless, so is the labour contained in it, for, as the labour does not count as such, it therefore creates no value. A coat is worth twice as much as ten yards of linen, because the linen contains only half as much labour as the coat. All labour is the expenditure of human labour-power in a special form and with a definite aim, and in this, its character of concrete useful labour, it produces use-values.

Everyone knows, if he knows nothing else, that commodities have a value form common to them all, and presenting a marked contrast with the varied bodily forms of their use-values. I mean their money form.

Every owner of a commodity wishes to part with it in exchange for other commodities, but only those whose use-value satisfies some want of his. To the owner of a commodity, every other commodity is, in regard to his own, a particular equivalent. Consequently his own commodity is the universal equivalent for all others. But, since this applies to every owner, there is, in fact, no commodity acting as a universal equivalent. It was soon seen that a particular commodity would not become the universal equivalent except by a social act. The social action, therefore, has set apart the particular commodity in which all values are represented, and the bodily form of this commodity has become the form of the socially recognised universal equivalent—money.

The first chief function of money is to supply commodities with the material for the expression of their values. It thus serves as a universal measure of value, and only by virtue of this function does gold, the commodity par excellence, become money. But money itself has no price. As the measure of value and the standard of price, money has two distinct functions to perform. It is the measure of value inasmuch as it is the socially recognised incarnation, of human labour; it is the standard of price inasmuch as it is a fixed weight of metal. As the measure of value it serves to convert the values of all the various commodities into prices or imaginary quantities of gold. As the standard of price it measures those quantities of gold.

The word pound was the money-name given to an actual pound weight of silver. When, as a measure of value, gold superseded silver, the word pound became, as a money-name, differentiated from the same word as a weight-name. The prices, or quantities of gold, into which the values of commodities are ideally changed are now expressed in the names of coins, or in the legally valid names of the subdivisions of the gold standard. Hence, instead of saying, "A quarter of wheat is worth an ounce of gold," the English would say, "It is worth £3 17s. 10½d." In this fashion commodities express by their prices how much they are worth, and money serves as money of account whenever it is a question of fixing the value of an article in its money-form. When Anarcharsis was asked for what purpose the Greeks used money, he replied, "For reckoning."

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