The weekly Iberian. (New Iberia, La.) 1894-1946, 1903-10-03
What are Wages and how are
they Determined.
Continued from last week.

Now that We are grounded on
these general laws which govern
wages just as much az the price Of
any other commodity, we can
examine our subject more exactly.
"Capital consists of rawmeterial
implements of labor, and all kinds
of means of subsistence, which are
used for the production of new
implements and new means of
subsistence All these factor $ Of
capital are created by labor-are
products Of labor-are stored-up
labor. Stored up labor which
serves as the means of new produ
ction is capital"
SO say The economists. What is
a negro slave? A human creation of
the black race. The one definition
is just as valuable as the others.
only produce when they work to-
gather in a certain way and
mutually exchange their different
kinds of energy. In order to pro
duce they mutully enter upon GER
tain relations, and it is only by
means of these relations and con
ditiOns that their relations to ma
ture is defined, and production
becomes possible.
The negro is negro. In Ger.
tain conditions he is transformed
into slave. A Spring Jenny is
machine for spinning cotton.
Only in certain conditions it is
transformed into capital. When
torn away from these conditions,
it is just as Ii Ike capital as gold is
money in the abstract, or sugar
the price of sugar. In the work of
production men do not stand in
relation to nature alone. They
which the producers mutually
the terms upon which they excha-
nge their energies and take their
share III the collection out of
production, will of corse differ
according to the character of the
means of production. With the in
vention of firearms as implements
of warfare, the whole organization
of necessity altered; and with the
altertion in the relations through
which individuals from an army
and are enabled to work togather
as an army, these was a similta-
neous alteration in the relations
of armies to one another.
This with the change in the
social relations by means of which
individuals produce, that is in the
social relations of production, and
with the alteration and develop
ment of the material means of
production, the powers of produc-
ton are also transformed. The
relations reproduction collectively
from those social relations which
we call a S city, and soci'y with
definite degrees of historical deve-
lopment, society with an oppro-
pirate and distinctive character.
Ancient society, fendal society,
bourgeois society, are instances of
his collective result of the relative
of production, each of which marks
out an important step in the his
torical development of mankind
Now capital also is social con
di,ion of production. 1t is a bour
geois cor dition Of production, a
condition of the production of a
bourgeois society. Are not the
means of subsistence, the nipple
ments of labor, and the raw mat.
erial, of which capital consists,
the result of definite social rela-
tions; were they not produced and
stored up under certain social con-
ditionss Will they not be sed for
futher production under certain
social condition. And is it not just
this definite social character which
transforms into capital that pro
duct which serves for future pro.
ductiong
Capital does not consist of means
of subsistence, implements of lab
or and raw material alone nor only
of material produ cts; it consists
just as much of exchange values.
All the products of which 1t con.
sists are commodities. This capital
is not NEARLY the sum Of material
prOduc S; it is the sum Of commo