VI.

The preparation and training of the working-class (for their high

functions) by the productive powers, the growing and inevitable

development and crystallization of the collective tendencies of the

latter, the increasing incompatibility between their essential

character and their private ownership, all lead to a new economic

regime in which they will be owned and controlled collectively just as

they are operated collectively, in which they will be conducted by

society and for society. And all the socialism of the socialists

consists of wishing to perpetuate in a fully developed form the

present social character of the material conditions of life.

I say socialism of the socialists because we have seen flourish in our

day a peculiar socialism, the socialism of those good people who

earnestly wish to remove the inconveniences and injustices of our

present social state, but who also wish a little more earnestly to

preserve the cause of these inconveniences, who wish at once to

suppress or abolish the proletariat and to preserve the capitalist

form of society. It is quite possible for socialism also to have its

converts and even its backsliders; it asks its adherents, not whence

they come, but to go whither it is going, or, at least, to permit it

to proceed upon its road without attempting to turn it aside from it.

As one of our adversaries declares, we can say in our turn: 'On one

side are the socialists, on the other those who are not socialists,'

and among the latter may be counted those who accept the name while

rejecting the thing.

Apart from the socialization of the means of labor which have already

taken on a collective form, there may be and there often is

charlatanry, but there is no real possibility of emancipation, there

is no socialism.

So long as the means of labor and labor shall not be united in the

same hands, the means of labor will retain the character of capital,

and capital will inevitably exploit the workingman and wring from him

labor for which it will not pay him. The source of the troubles of the

working-class is to be found in their expropriation from the means of

labor; now, the harder they work on the established basis of

expropriation, the more power they give the capitalist class to enrich

themselves and to expropriate those who have not yet entered the inner

circle of capitalism. On the basis of the present gigantic forms of

the instruments of labor, the collective means of labor and labor

itself can be united in the same hands, only by the transformation of

the capitalist ownership of these means of labor into social

ownership, only by the transformation of capitalist production into

social production. The logical consequence of the material facts of

the existing environment, this transformation, the socialization of

the means of production having collective tendencies, is possible, and

it appears as the only practical method of emancipating the laborers,

of emancipating society as a whole.

Emancipated the laborers will be, since their lives will no longer be

dependent upon the means of labor monopolized by others and they will

be free to make their lives what they will. In fact, they will freely

choose the kind of productive labor they prefer, and all kinds of work

will, in accordance with the law of supply and demand, be reduced in

varying proportions to definite quantities of ordinary labor. After

once deducting from the product of the labor of each a portion which

will take the place of the present taxes, the portion necessary to

replace the means of labor consumed, to provide for the extension of

the scale of production, for insurance against disastrous

contingencies, such, for instance, as floods, lightning, tornadoes,

etc., for the support of those incapable of labor, to meet generously

the expenses of administration and of satisfying the common

requirements of sanitation, education, etc., the producers of both

sexes will distribute the balance among themselves, proportionally to

the quantity of ordinary labor furnished by them severally. The right

of each laborer will be equal, in the sense that for all, without

distinction, the labor furnished will be the measure alike for all,

and this equal right may possibly lead to an unequal distribution,

according to the greater or smaller quantities of labor furnished. The

standard of rights in force in an economic environment cannot be

superior in quality to that environment, but it will go on increasing

in perfection as the environment advances toward perfection, thus

reducing, so far as material conditions shall permit, the inequalities

of natural origin.

The important point is that, from the dawn of social production, there

will be no more surplus-labor, no more classes, and, therefore, no

more exploitation, as there inevitably is under capitalist production.

Every adult able to work will receive, under one form or another,

partly in articles for personal consumption, partly in social

guarantees, in public services of every kind, the same quantity of

labor that he shall give to society. If goods are rationed out, this

rationing will not be accompanied by exploitation; as rationing can

then be due only to a deficiency in personal or social production, and

not to the spoliation which the wage-system implies, a system under

which overproduction, far from being favorable to the satisfaction of

the demand of the working-class for articles of consumption, results

for them in loss of employment and starvation diet.

During the capitalist period, it suffices for socialism to establish

the possibility of the emancipation of the working-class and to work

for that emancipation. There is no occasion to waste time in working

out and settling the details of the organization of the future

society. Each epoch has its task. Let us not have the presumption to

lay down rules for those who are to come after us, and let us be

content with present duties. The point upon which socialism trains its

guns at present, though recognizing the utility that it has had in the

past, is the capital-form; but let us not forget that the substance

beneath this form will be every whit preserved. When an office is

taken away from an office-holder, the individual is left without a

hair the less. In the same way, in taking from the means of

production their function as capital, everything that functions

to-day under that form will remain intact. Socialism then attacks the

capital-form, the form only, and it attacks it only in so far as the

economic phenomena authorize such an attack. Everything which

constitutes the substance of capital will be preserved, the

capital-form alone will disappear and along with it that power that it

involves of exploiting the labor of others.

What will be the fate of the capitalists?

Capital appears to be a collective power or force, by its origin,

since it springs from the accumulated surplus-labor of a collective

body of laborers, by its functional activity since it also requires a

collective body of laborers to enable it to enter upon its functions,

and by its mode of ownership since, if it is private property, it

tends more and more to be the private property, not of an individual,

but of a collective body, a company or trust. To make public property

of the means of production, which are capital when they are able to

exploit the labor of others and which are capital only on that

condition, is simply to generalize the collective or social character

which they already have.

Is the holder of a share in a mining or railway company or any sort of

stock-company justified in speaking of "his" property? Where is his

property? In what does it consist? What can he show if someone asks to

see it? A machine? A piece of real estate? No, simply one or several

bits of paper which represent only an infinitesimal fraction of an

undivided whole. Would this shareholder be any the less a

property-owner, if this undivided whole should become an integrant

portion of the national property? Would there be such a great

difference between "his" property, as it now is, and his quota or

share in the national property? Just as the capitalists understand

well enough to-day how to avail themselves of the national forests,

for instance, for fresh air, pleasure excursions afoot and awheel,

recreation, etc., so, after the socialization of the material objects

that make up what is at present capital, they would use this newly

nationalized property as means of labor or production.

This, then, would be a true democratization[6] of property. The

process, ordinarily called by this name, the dispersion of shares,

stocks and bonds, is only the process--called legitimate--of

extracting good hard cash from all pockets, even those most scantily

supplied, centralizing it, monopolizing the real possession of it in

exchange for a certificate of nominal ownership, making it breed or

expand, and permitting to flow back in interest, dividends, etc., only

tiny crumbs until the day comes when the poor investors cease to get

even these microscopical returns. This pretended democratization of

property results simply in the formation of a financial aristocracy

creating scandalous fortunes out of the good dollars of the small

investors, and if these dollars, when the paper accepted in their

stead is no longer worth anything, are lost for their former

possessors, they are not lost for everyone. (They have become the

reward of "abstinence."--Translator.)

Let the stocks representing part-ownership in a company lose all

value--this is an occurrence that the shareholders and bondholders of

the Panama canal, for example, can tell you is not unknown in our

bourgeois society--and the shareholder finds himself, in this

instance, permitted to enjoy all the blessings of expropriation

without any indemnifying compensation; sometimes even he has the

delicate attention of an invitation from the Receiver or the Courts to

pour some more money into the hole where his former savings

disappeared. Now even in this case the owners of this sort of personal

property do not make too much ado about the matter. Why should they

complain any more bitterly on the day when there will be, as it were,

only a substitution of one kind of stocks or shares for another, when

they will all become stockholders and bondholders of the great society

(the Co-operative Commonwealth), instead of being shareholders and

bondholders in one or several little societies or companies?

By this transformation they will gain complete assurance against risk

of loss--a real enough danger to-day when, after the actual control of

property passes into the hands of financial magnates, the revenue of

the nominal owners, the stockholders, etc., falls to zero or nearly

zero, thus cutting off their means of existence or enjoyment. They

will lose only one thing: the power of dominating the labor of others

and of appropriating its fruits; while they will have the privilege of

enjoying the common wealth and the advantages springing from its

co-operative employment.

Healthy adults will take for their own use, provided they work, their

share of the social products. If they are already accustomed to any

kind of work, they will find no hardship in this obligation to perform

useful labor; if they are not accustomed to it, they will acquire the

habit and will find their health greatly improved thereby in every

respect. If they are old and infirm they will be liberally provided

for by society.

What they can reasonably expect and insist upon having is the

sustenance of life (in a broad sense),[7] and this they will have, as

you see, in any case. The socialization will not result in such a

change in the distribution of wealth as is often caused by watering

the stock of a company. It will simply extend to all, those who hold

stocks at present included, those advantages which a minority alone

enjoys to-day, and it will benefit all, but stockholders especially,

by doing away with those risks which capitalist exploitation forces

everyone to run.

* * * * *

Finally, socialism will rob no one. I would ask those who assert the

contrary, what description then should be given to those transactions

in the goods and property of the nobility, the clergy and above all of

the communes, performed by our great radicals in the French

Revolution, by those whose work has become a "compass" for our

guidance. Just as soon as we cease simply substituting one privileged

class for another, just as soon as we enable all without exception to

enjoy the same advantages, no one will be robbed or deprived of

anything. Simply, inequality in the enjoyment of privilege will have

been abolished, another privileged class will have vanished from the

stage. Yes, the capitalists will lose, along with their special

privileges or rights over the means of production, that characteristic

or quality that makes them capitalists; but, I repeat, they will have

exactly the same rights as all others to the use and enjoyment of

those means of production, from that time forth the inalienable

property of society. With capital dethroned, the principles of the

Republic will at last be applied with controlling power to the field

of economics, just as they are to the field of politics, and political

democracy will have ceased to be a farce, for it will have developed

into its perfect flower, INDUSTRIAL DEMOCRACY.

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