"In addition to the resistance offered by nature ... there is yet another, a purely social obstacle... An obstructive power steps in between man and nature, and this power is once again man. Man, conceived as alone and isolated, faces nature as a free being... The situation is different as soon as we think of a second man who, sword in hand, holds the approaches to nature and its resources and demands a price, whatever form it may take, for allowing access. This second man..., so to speak, puts a tax on the other and is thus the reason why the value of the object striven for turns out greater than it might have been but for this political and social obstacle to the procuring or production of the object... The particular forms of this artificially enhanced worth of things are extremely manifold. and it naturally has its concomitant counterpart in a corresponding forcing down of the worth of labour {23} ... It is therefore an illusion to attempt to regard value in advance as an equivalent in the proper sense of this term, that is, as something which is of equal worth, or as a relation of exchange arising from the principle that service and counter-service are equal... On the contrary, the criterion of a correct theory of value will be that the most general cause of evaluation conceived in the theory does not coincide with the special form of worth which rests on compulsory distribution. This form varies with the social system, while economic value proper can only be a production value measured in relation to nature and in consequence of this will only change with changes in the obstacles to production of a purely natural and technical kind" [D. C. 24-25].
The value which a thing has in practice, according to Herr Dühring, therefore consists of two parts: first, the labour contained in it, and, secondly, the tax surcharge imposed "sword ; in hand". In other words, value in practice today is a monopoly price. Now if, in accordance with this theory of value, all commodities have such a monopoly price, only two alternatives are possible. Either each individual loses again as a buyer what he gained as a seller; the prices have changed nominally but in reality -- in their mutual relationship -- have remained the same; everything remains as before, and the far-famed distribution value is a mere illusion.
-- Or, on the other hand, the alleged tax surcharges represent a real sum of values, namely, that produced by the labouring, value-producing class but appropriated by the monopolist class, and then this sum of values consists merely of unpaid labour; in this event, in spite of the man with the sword in his hand, in spite of the alleged tax surcharges and the asserted distribution value, we arrive once again at the Marxian theory of surplus-value .
But let us look at some examples of the famous "distribution value".
On page 135 and the following pages we find:
"The shaping of prices as a result of individual competition must also be regarded as a form of economic distribution and of the mutual imposition of tribute... If the stock of any necessary commodity is suddenly reduced to a considerable extent, this gives the sellers a disproportionate power of exploitation [135-36] ... what a colossal increase in prices this may produce is shown particularly by those abnormal situations in which the supply of necessary articles is cut off for any length of time" [137] and so on. Moreover, even in the normal course of things virtual monopolies exist which make possible arbitrary price increases, as for example the railway companies, the companies supplying towns with water and gas [see 153, 154], etc.
It has long been known that such opportunities for monopolistic exploitation occur. But that the monopoly prices these produce are not to rank as exceptions and special cases, but precisely as classical examples of the determination of values in operation today -- this is new. How are the prices of the necessaries of life determined? Herr Dühring replies: Go into a beleaguered city from which supplies have been cut off, and find out! What effect has competition on the determination of market prices? Ask the monopolists -- they will tell you all about it!
For that matter, even in the case of these monopolies, the man with the sword in his hand who is supposed to stand behind them is not discoverable. On the contrary: in cities under siege, if the man with the sword, the commandant, does his duty, he, as a rule, very soon puts an end to the monopoly and requisitions the monopolised stocks for the purpose of equal distribution. And for the rest the men with the sword, when they have tried to fabricate a "distribution value", have reaped nothing but bad business and financial loss. With their monopolisation of the East Indian trade, the Dutch brought both their monopoly and their trade to ruin. The two strongest governments which ever existed, the North American revolutionary government and the French National Convention, ventured to fix maximum prices, and they failed miserably. [86] For some years now, the Russian government has been trying to raise the exchange rate of Russian paper money -- which it is lowering in Russia by the continuous emission of irredeemable banknotes -- by the equally continuous buying up in London of bills of exchange on Russia. It has had to pay for this pleasure in the last few years almost sixty million rubles, and the ruble now stands at under two marks instead of over three. If the sword has the magic economic powers ascribed to it by Herr Dühring, why is it that no government has succeeded in permanently compelling bad money to have the "distribution value" of good money, or assignats to have the "distribution value" of gold? And where is the sword which is in command of the world market?