Or, on the other hand, if this production and reserve fund does in fact exist in the hands of the capitalist class, if it has actually arisen through the accumulation of profit (for the moment we leave the land rent out of account), then it necessarily consists of the accumulated surplus of the product of labour handed over to the capitalist class by the working class, over and above the sum of wages paid to the working class by the capitalist class. In this case, however, it is not wages that determine value, but the quantity of labour; in this case the working class hands over to the capitalist class in the product of labour a greater quantity of value than it receives from it in the shape of wages; and then the profit on capital, like all other forms of appropriation without payment of the labour product of others, is explained as a ****** component part of this surplus-value discovered by Marx.
Incidentally, in Dühring's whole Cursus of political economy there is no mention of that great and epoch-****** discovery with which Ricardo opens his most important work:
"The value of a commodity ... depends on the quantity of labour which is necessary for its production, and not on the greater or lesser compensation which is paid for that labour."In the Kritische Geschichte it is dismissed with the oracular phrase:
"It is not considered" (by Ricardo) "that the greater or lesser proportion in which wages can be an allotment of the necessaries of life" (!) "must also involve ... different forms of the value relationships!" {D. K. G.
215.}
A phrase into which the reader can read what he pleases, and is on safest ground if he reads into it nothing at all.
And now let the reader select for himself, from the five sorts of value served up to us by Herr Dühring, the one that he likes best:
the production value, which comes from nature; or the distribution value, which man's wickedness has created and which is distinguished by the fact that it is measured by the expenditure of energy, which is not contained in it; or thirdly, the value which is measured by labour-time; or fourthly, the value which is measured by the costs of reproduction; or lastly, the value which is measured by wages. The selection is wide, the confusion complete, and the only thing left for us to do is to exclaim with Herr Dühring:
"The theory of value is the touchstone of the worth of economic systems!"{499}
VI.
SIMPLE AND COMPOUND LABOUR H err Dühring has discovered in Marx a gross blunder in economics that a schoolboy would blush at, a blunder which at the same time contains a socialist heresy very dangerous to society.
Marx's theory of value is "nothing but the ordinary ... theory that labour is the cause of all values and labour-time is their measure. But the question of how the distinct value of so-called skilled labour is to be conceived is left in complete obscurity. It is true that in our theory also only the labour-time expended can be the measure of the natural cost and therefore of the absolute value of economic things; but here the labour-time of each individual must be considered absolutely equal, to start with, and it is only necessary to examine where, in skilled production, the labour-time of other persons ... for example in the tool used, is added to the separate labour-time of the individual. Therefore the position is not, as in Herr Marx's hazy conception, that the labour-time of one person is in itself more valuable than that of another, because more average labour-time is condensed as it were within it, but all labour-time is in principle and without exception -- and therefore without any need to take first an average -- absolutely equal in value; and in regard to the work done by a person, as also in regard to every finished product, all that requires to be ascertained is how much of the labour-time of other persons may be concealed in what appears to be only his own labour-time. Whether it is a hand tool for production, or the hand, or even the head itself, which could not have acquired its special characteristics and capacity for work without the labour-time of others, is not of the slightest importance in the strict application of the theory. In his lucubrations on value, however, Herr Marx never rids himself of the ghost of a skilled labour-time which lurks in the background.
He was unable to effect a thoroughgoing change here because he was hampered by the traditional mode of thought of the educated classes, to whom it necessarily appears monstrous to recognise the labour-time of a porter and that of an architect as of absolutely equal value from the standpoint of economics" {D. K. G. 499-500}.
The passage in Marx which calls forth this "mightier wrath" {501} on Herr Dühring's part is very brief. Marx is examining what it is that determines the value of commodities and gives the answer: the human labour embodied in them. This, he continues, "is the expenditure of ****** labour-power which, on an average, apart from any special development, exists in the organism of every ordinary individual... Skilled labour counts only as ****** labour intensified, or rather, as multiplied ****** labour, a given quantity of skilled being considered equal to a greater quantity of ****** labour. Experience shows that this reduction is constantly being made.
A commodity may be the product of the most skilled labour, but its value, by equating it to the product of ****** unskilled labour, represents a definite quantity of the latter labour alone. The different proportions in which different sorts of labour are reduced to unskilled labour as their standard, are established by a social process that goes on behind the backs of the producers, and, consequently, appear to be fixed by custom".
