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The Philosophy of Misery by P.-J. (Pierre-Joseph) Proudhon
page 105 of 544 (19%)
average, it is true, is ascertained too late: but who knows that
we could not discover it in advance? Is there an economist who
dares to deny it?

Nolens volens, then, the measure of value must be sought for:
logic commands it, and her conclusions are adverse to
economists and socialists alike. The opinion which denies
the existence of this measure is irrational, unreasonable. Say
as often as you please, on the one hand, that political economy
is a science of facts, and that the facts are contrary to the
hypothesis of a determination of value, or, on the other, that
this troublesome question would not present itself in a system of
universal association, which would absorb all antagonism,--I will
reply still, to the right and to the left:--

1. That as no fact is produced which has not its cause, so none
exists which has not its law; and that, if the law of exchange is
not discovered, the fault is, not with the facts, but with the
savants.

2. That, as long as man shall labor in order to live, and shall
labor freely, justice will be the condition of fraternity and the
basis of association; now, without a determination of value,
justice is imperfect, impossible.


% 2.--Constitution of value; definition of wealth.

We know value in its two opposite aspects; we do not know it in
its TOTALITY. If we can acquire this new idea, we shall have
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