Thursday, March 23, 2006

More from the manifesto


But does wage-labour create any property for the labourer? Not a bit. It creates capital, i.e., that kind of property which exploits wage-labour, and which cannot increase except upon condition of begetting a new supply of wage-labour for fresh exploitation. Property, in its present form, is based on the antagonism of capital and wage labour. Let us examine both sides of this antagonism.
To be a capitalist, is to have not only a purely personal, but a social status in production. Capital is a collective product, and only by the united action of many members, nay, in the last resort, only by the united action of all members of society, can it be set in motion.
Capital is therefore not only personal; it is a social power.

I won't spend time analysing this passage here - gonne try and work it into a proper article - see if you can guess what on.

Meanwhile, I'll just say that this struck me forcefully as a little quote and I suspect often over-looked passage.


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