Labour can still be converted into capital, money, or rent into a social power capable of being monopolised when individual property can still be transformed into bourgeois property
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Argument #6e652deb 1 0 2
If it is true that...
Private property in existing society is already done away with for nine-tenths of the population 1 0 2Then it must be true that...
Labour can no longer be converted into capital, money, or rent into a social power capable of being monopolised when individual property can no longer be transformed into bourgeois property 1 0 2Citations
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As industry, commerce, navigation, railways extended, so did the bourgeoisie develop and increase its capital 1 0 3Free competition replaced feudal relations of property, accompanied by a social and political constitution adapted to it and the economic and political sway of the bourgeois class 1 0 2The essential condition for existence and sway of bourgeois class is formation and augmentation of capital which rests on wage-labour and competition among labourers 1 0 2Modern bourgeois private property is based on class antagonisms and exploitation of many by few 1 0 2Wage-labour does not create any property for the labourer but creates capital, a kind of property that exploits wage-labour 1 0 2Capital is a collective product and a social power 1 0 2In bourgeois society, living labour is a means to increase accumulated labour while in communist society, accumulated labour is a means to promote existence of the labourer 1 0 2In bourgeois society, capital is independent and has individuality while the living person is dependent and has no individuality 1 0 2Labour can no longer be converted into capital, money, or rent into a social power capable of being monopolised when individual property can no longer be transformed into bourgeois property 1 0 2The proletariat will use its political supremacy to wrest all capital from the bourgeoisie and centralise all instruments of production in the hands of the state 1 0 2