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Updated: June 17, 2025
The service may have been but a word, nothing but a word spoken at the right time, or else it may have been months and years of devotion, and we are going to appraise these "incalculable" services in "labour-notes"? "The works of each!"
They care little whether the worker is paid in labour-notes or in coin stamped with the effigy of the Republic or the Empire. They only care to save from destruction the individual ownership of dwelling-houses, of land, of factories; in any case that, at least, of dwelling-houses and the capital that is necessary for manufacturing.
But how can we defend labour-notes, this new form of wagedom, when we admit that the houses, the fields, and the factories will no longer be private property, that they will belong to the commune or the nation? It amounts to this: Everybody works in field, factory, school, hospital, etc. The working-day is fixed by the State, which owns the land, the factories, the roads, etc.
A society having taken possession of all social wealth, having boldly proclaimed the right of all to this wealth whatever share they may have taken in producing it will be compelled to abandon any system of wages, whether in currency or labour-notes. The collectivists say, "To each according to his deeds"; or, in other terms, according to his share of services rendered to society.
He threw back his head, with a stiff protesting air, staring across the room. Letty had the sudden impression that he was not talking to her at all, but to some third person, unseen. "Either capital gets its fair remuneration" he went on in an argumentative voice "and ability its fair wages or the Marxian state, labour-notes, and the rest of it. There is no half-way house absolutely none.
They seem to take in that men and women, worn out maybe by dint of overwork for society, may be incapable of doing as much work as those who have spent their time leisurely and pocketed their "labour-notes" in the privileged career of State functionaries. They are eager to temper their principle. They say: "Society will not fail to maintain and bring up its children; to help both aged and infirm.
And labour-notes would just answer the purpose of upholding this private property. As long as labour-notes can be exchanged for jewels or carriages, the owner of the house will willingly accept them for rent.
For this the State would pay them eight thousand labour-notes of one hour each, and these eight thousand cheques would be divided among the members of the iron-works as they themselves thought proper.
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