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Proudhon, P.-J. (Pierre-Joseph), 1809-1865

"The Philosophy of Misery"

And this seems unalterable, inasmuch as there
is no way of escape except all the products of industry become
infinite in quantity, like air and light, which is absurd. God
of my reason! Jean Jacques would have said: it is not the
economists who are irrational; it is political economy itself
which is false to its definitions. Mentita est iniquitas sibi.
In the preceding examples the useful value exceeds the
exchangeable value: in other cases it is less. Then the same
phenomenon is produced, but in the opposite direction: the
balance is in favor of the producer, while the consumer suffers.
This is notably the case in seasons of scarcity, when the high
price of provisions is always more or less factitious. There are
also professions whose whole art consists in giving to an article
of minor usefulness, which could easily be dispensed with, an
exaggerated value of opinion: such, in general, are the arts of
luxury. Man, through his aesthetic passion, is eager for the
trifles the possession of which would highly satisfy his vanity,
his innate desire for luxury, and his more noble and more
respectable love of the beautiful: upon this the dealers in this
class of articles speculate.


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