Liberalism and Capitalism Today. Paul-Jacques Lehmann

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existed in his time in England, the maintenance of small plots as a means of fighting poverty, so that poor peasants had something that belonged to them that could be exploited when economic difficulties arose: “The small landowner receives impetus only from himself, his sphere is narrow, but he moves freely within it. His fortune grows slowly, but it is not subject to sudden chance. His mind is tranquil as his destiny, his tastes regular and peaceful as his work, and, needing precisely no one, he places the spirit of independence in the midst of poverty itself”.

      Moreover, when property was owned by a large number of citizens, democracy was easier to establish and apply satisfactorily since responsibilities could be shared. “There is nothing more conducive to the rule of democracy than the division of land into small properties”. However, de Tocqueville explained, and this was a very common argument in his own country, that French centralization encouraged a large number of small landowners to come to Paris to take up much more rewarding positions, close to power, in the public administration, while entrusting farmers with the exploitation of their land. However, on the one hand, these farmers did not have a spirit of innovation and therefore did not advance agriculture, and, on the other hand, the landowners became bourgeois, forming a very powerful class enjoying many privileges.

      With liberalism and the emergence of the capitalist enterprise, the nature of property rights changed: land and family property was divided and became movable, both individual and collective.

      1.2.3. Property rights and savings

      We will see that Weber explains that this willingness to save and the foresight it generates through property rights have combined with the precepts of Protestantism and constitute the essential causes of the development of capitalism through the investment to which these two attitudes lead. Wealth can then increase and, as a direct consequence, more and more rich people appear. On the contrary, the absence of savings – a consequence of the absence of property – is an insurmountable obstacle to becoming rich: not only do people not see the usefulness of working, but even if they did work, they would immediately spend all their income.

      This is why de Tocqueville, ahead of his time, encouraged the division of industrial property, by setting up what is known today as employee participation, which consists of giving workers shares in their companies in order to interest each of them in the activity of their manufacture and to make them responsible. “This would produce for the industrial classes effects similar to those brought about by the division of land ownership among the agricultural class […] The worker of our days, like the farmer of the Middle Ages, having no property of his own, seeing no means of assuring by himself the tranquility of his future and gradually rising to wealth, becomes indifferent to anything that is not present enjoyment. Moreover, the savings that the wage earner could thus constitute would enable him to face the difficulties (think of unemployment) caused by industrial crises. In this way, the condition of workers would improve thanks to the ownership of movable property and progression in the social hierarchy would be facilitated”. However, de Tocqueville (2010) did not fail to warn against the risks of movable property, which “almost always depends, more or less, on the passions of another. Whoever owns it must always bend either to the rules of an association or to the desires of man. He is subject to the slightest vicissitudes of his country’s commercial and industrial fortune, his existence is constantly disturbed by the alternatives of well-being and distress, and it is rare that the agitation that reigns in his destiny does not introduce disorder into his ideas and instability into his tastes”.

      As in many fields, de Tocqueville had a premonitory vision of the evolution of society: “There is little doubt that one day, it is between those who own and those who do not that the political struggle will be established, that the great battlefield will be ownership and that the great political questions will relate to more or less profound changes in the rights of owners”.

      At the sociological level, it was the urban bourgeoisie who, from the Middle Ages onwards, because of their power, both economic and political, were at the origin of modern capitalism. Previously, in spite of the hold of the military and the nobility in Antiquity, no social class had been capable, neither politically nor economically, of imposing this economic structure.

      1.3.1. The hold of the military and the nobility in Antiquity

      Weber insists that, in Antiquity, capitalism had a strong political and military coloration. Armies played a central role in public life and their influence grew as their members succeeded in uniting. However, only the rich were able to access military functions because recruits were obliged to finance their equipment themselves. At the same time, the nobility had to turn to them when faced with financial problems.

      It has already been pointed out that the economy remained traditional, with the father of the family having absolute power over the domestic unit. The state came to the aid of the population to provide the necessary grains when the harvest was poor. Slavery and serfdom remained in the agricultural domain, and it was only when they had begun to diminish that artisans from these two social statuses began to appear. However, many remained unemployed, and

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