Allkindsofquidproquo’sarejumbledtogetherwhenAdamSmithsays:”Wages,profit,andrent,arethethreeoriginalsourcesofallrevenueaswellasofallexchangeablevalue。Allotherrevenueisultimatelyderivedfromsomeoneorotherofthese。”BookI,Ch。6,p。48。
1Allmemberofsocietynotdirectlyengagedinreproduction,withorwithoutlabour,canobtaintheirshareoftheannualcommodity-product——inotherwords,theirarticlesofconsumption——primarilyoutofthehandsofthoseclassestowhichtheproductfirstaccrues——productivelabourers,industrialcapitalists,andlandlords。Tothatextenttheirrevenuesaremateriallyderivedfromwagesoftheproductivelabourers,profit,andrent,andappearthereforeasderivativevis-a-visthoseprimaryrevenues。Butontheotherhandtherecipientsoftheserevenues,derivedinthissense,drawthembyvirtueoftheirsocialfunctions——asaking,priest,professor,prostitute,soldier,etc。,andtheymay,therefore,regardthesefunctionsastheoriginalsourcesoftheirrevenue。
2——andhereAdamSmith’sridiculousblunderreachesitsclimax。Afterstartingbycorrectlydefiningthecomponentpartsofthevalueofthecommoditiesandthesumofthevalue-productincorporatedinthem,andthendemonstratinghowthesecomponentpartsformsomanydifferentsourcesofrevenue,[39]afterthusderivingtherevenuesfromthevalue,heproceedsintheoppositedirection——andthisremainsthepredominantconceptionwithhim——andturnstherevenuesfrom”componentparts”into”originalsourcesofallexchangeablevalue,”therebythrowingthedoorswideopentovulgareconomy。SeeourRoscher。[MarxhasinmindW。Roscher’sSystemderVokswirtschaft。BandI:DieGrundlagenderNationalö;konomie。Dritte,vermehrteundverbesserteAuflage。
StuttgartundAugsburg,1858——Ed。]3。TheConstantPartofCapitalLetusnowseehowAdamSmithtriestospirittheconstantpartofthecapital-valueawayfromthecommodity-value。”Inthepriceofcorn,forexample,onepartpaystherentofthelandlord。”
Theoriginofthisconstituentofvaluehasnomoretodowiththecircumstancethatitispaidtothelandlordandformsarevenueforhimintheshapeofrentthantheoriginoftheotherconstituentsofvaluehastodowiththefactthatasprofitandwagestheyformsourcesofrevenue。”Another[portion]paysthewagesormaintenanceofthelabourers”[”andlabouringcattle,”headds]”employedinproducingit,andthethirdpaystheprofitofthefarmer。Thesethreepartsseem”[theyseemindeed]”eitherimmediatelyorultimatelytomakeupthewholepriceofcorn。”[40]Thisentireprice,i。e。,thedeterminationofitsmagnitude,isabsolutelyindependentofitsdistributionamongthreekindsofpeople。”Afourthpart,itmayperhapsbethought,isnecessaryforreplacingthestockofthefarmer,orforcompensatingthewearandtearofhislabouringcattle,andotherinstrumentsofhusbandry。Butitmustbeconsideredthatthepriceofanyinstrumentofhusbandry,suchasalabouringhorse,isitselfmadeupofthesamethreeparts:therentofthelanduponwhichheisreared,thelabouroftendingandrearinghim,andtheprofitsofthefarmerwhoadvancesboththerentofthisland,andthewagesofthislabour。