VI. The Future of Capital and Human Labor

GA 330/1919-05-13/p014 ·1919-05-13 · English HighHigh alignmentThis translation's paragraph count matches the German original — the locus maps cleanly to the same paragraph in DE.
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This is where a point begins, where, however, those who can only imagine that at least the essentials of the old remain, begin to look perplexed. And yet, when the time comes that someone who has grown together with a certain set of means of production through his abilities can no longer maintain this state of being, then the social organism has the obligation to transfer these means of production to another person or group of persons without purchase. This means nothing less than that in the future there will be a coming together of – let's call it capital or whatever we want – of capital and human abilities without purchase. Capital will then only have the meaning of what is needed to initiate large businesses. In the future, capital will come into being through a person who is capable of running a particular business. This capital will only come into being through the trust that other people have in him, who will give him what they work as surplus labor beyond their needs. He will be able, so to speak, on behalf of a group that trusts him, but that means the general public of the social organism, to build up such a business, which today can only be built on private capital and private capital gains. But once the business has been set up, the possession of the means of production no longer applies. After the means of production have been set up, the worker faces the person who is the technical or other intellectual director of the business. The means of production do not belong to anyone; the possession of the means of production ceases. And the moment the collaboration of the company with this manager is no longer justified by the special abilities of the manager, the manager is obliged to transfer the means of production to another consortium, to another group of people. Directly or indirectly! This achieves for the future what I must call the circulation of capital and the end of private ownership of capital! Capital will be incorporated in a healthy way into the socialized social organism. It will circulate in this social organism, as blood circulates in the human or animal organism, where it must not be used by one organ alone, but must circulate through all the organs. Free circulation of capital! That is what is really required for the future.

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Cite: GA 330/1919-05-13/p014 · edition English