INTEGRAL HUMANISM: AN ANALYSIS OF SOME BASIC ELEMENTS

by Deendayal Upadhyay

Action to Acquisition All human actions are for society. The society takes care of his material needs. The society teaches us to weave. We weave cloth but do not consume the whole of what we produce ourselves. We give it back to society. When the society pays us a thousand rupees for what we produce, are we compensated adequately or not? Some say that the society never pays us back fully. People have different thoughts on this monetary compensation. Marxists declare that price should be paid according to the labour input. Entire Marxism rests on the premise that the worker labours, creates value and the capitalist keeps the fruits of his labour. Such labour is termed exploitation. But is this really true? Suppose the labourer produces cloth worth two thousand rupees and is paid only one thousand rupees for it, is it to be assumed that he has been exploited to the tune of a thousand rupees? It is really not true. That is because a labourer cannot produce on the strength of his labour alone. Production also involves the entrepreneur’s capital, machinery, his brains and his ability to sell in the market. The value of the product can be more than two thousand rupees, it can even be less. Labour alone is not a determinant of price, utility also is a factor and the price can also vary from time to time. One should, therefore, not seek to create an equation between labour and wages. The price keeps changing in the estimation of the world. In reality no limit can be set to the com...