Published online by Cambridge University Press: 13 January 2009
In arguments in support of capitalism, the following propositions are sometimes advanced or presupposed: (i) the best life for the individual is one of consumption, understood in a broad sense that includes aesthetic pleasures and entertainment as well as consumption of goods in the ordinary sense; (ii) consumption is to be valued because it promotes happiness or welfare, which is the ultimate good; (iii) since there are not enough opportunities for consumption to provide satiation for everybody, some principles of distributive justice must be chosen to decide who gets what; (iv) the total to be distributed has first to be produced. What is produced depends, among other things, on the motivation and information of the producers. The theory of justice must take account of the fact that different principles of distribution have different effects on motivation and information; (v) economic theory tells us that the motivational and informational consequences of private ownership of the means of production are superior to those of the various forms of collective ownerships.
In the traditional controversy over the relative merits of capitalism and economic systems, the focus has been on proposition (v). In this paper, I consider instead propositions (i) and (ii). Before one can even begin to discuss how values are to be allocated, one must consider what they are – what it is that ought to be valued. I shall argue that at the center of Marxism is a specific conception of the good life as one of active self-realization, rather than passive consumption.
* I am grateful to my colleagues in the project “Work and social justice” at the Institution for Social Research for their comments on earlier drafts of this paper. Special thanks are due to Fredrik Engelstad for his guidance in the literature on work satisfaction.
1 The broader interpretation of Marx that sustains this assertion is set forward in my Making Sense of Marx (Cambridge: Cambridge University Press, 1985).
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4 See my Sour Grapes (Cambridge: Cambridge University Press, 1983), Ch. III, for the importance of endogenous preference formation to political philosophy.
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7 The Watts Towers in Los Angeles were constructed single-handedly by an Italian immigrant, Sam Rodia, over a period of 33 years, out of debris and bric-a-brac that he collected from the streets of the city. (For information see the Los Angeles Times for August 12, 1984.) They are beautiful in conception and execution, unlike, say, conceputal art, which has mainly the freakish value of stunning novelty, soon fading into boredom. For a discussion of the conditions for self-realization in art, see Sour Grapes, Ch. II. 7.
8 This example and the preceding one were observed at Venice Beach in Los Angeles. They are included to remind us that self-realization is not always channeled into activities that in some substantive sense are socially useful, beyond the value of stunning the spectators.
9 For a general discussion of this notion, see Sour Grapes Ch. II.
10 Well-known passages in which Marx insists on the fullness of self-realization are found in The German Ideology, in , Marx and , Engels, Collected Works, vol. 5 (London: Lawrence and Wishart, 1976), pp. 47, 394.Google Scholar
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16 It might be objected that this is a model of addictive consumption, not of consumption generally. With nonaddictive consumption, one cannot assume an increasingly strong opponent process, although the idea of decreasing strength of the main process remains plausible. Since the latter is all I need for my argument, it is not affected by the objection. In any case, there may be an element of addition (in the sense of an increasingly strong opponent process) in all forms of consumption, although it is usually less dramatic than in the use of drugs, tobacco, and alcohol. The objection might then be rephrased as a question about whether the net effect of a given episode always becomes negative as the number of episodes increases.
17 There are two exceptions to this statement. First, some abilities might not be susceptible to indefinite development; second, some persons might not be able to develop their abilities indefinitely. Tic-tac-toe, unlike chess, soon becomes boring; a person with poor motor reflexes might find out the hard way that he was not made for chain saw juggling. Economies of scale obtain only if abilities and tasks are suitably matched so as to avoid either of the extremes of boredom and frustration.
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35 Hackman, “Work design,” p. 117, argues that overqualification also causes loss of productivity via the lack of motivation. This may well be true for some workers and some tasks, but sometimes a higher level of qualification probably leads to superior performance.
36 Boudon, Raymond, Effets Pervers et Ordre Social (Paris: Presses Universitaries de France, 1977), Ch. IVGoogle Scholar, argues that this can turn into a problem of collective action: it may be individually rational for each student to seek higher education, although all would be better off if all flipped a coin to decide. This presupposes, however, that students are motivated by expected income rather than by expected satisfaction, which would also take account of the disappointment and frustration generated by getting a low-education job at the end of higher education. Boudon himself (ibid., Ch. V) has the best treatment of this problem, although, surprisingly, he does not bring his analysis to bear on the problem of educational choice.
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