A history of economic doctrines : $b from the time of the physiocrats to the present dayGide, Charles
History
A history of economic doctrines : $b from the time of the physiocrats to the present day
Gide, Charles
Economics -- History
It does not seem that they were. Neither of the two countries which
have remained faithful to a thoroughgoing Protection any longer needs
industrial education. Both of them have long since arrived at that
complex state which, according to List, is necessary for the full
development of their civilisation and the expansion of their power.
Germany and the United States have no longer any cause to fear England.
Their commercial fleets are numerous, their warships powerful, and their
empires are every day expanding. Were he to return to this world to-day,
List, who so energetically emphasised the relative value of the various
commercial systems, and the necessity of adapting one’s method to the
changing conditions of the times and the character of the nation, but
always laid such stress upon the essentially temporary character of
the tariffs raised, would perhaps find himself ranged on the side of
those who demand a lowering of those barriers in the interest of a more
liberal expansion of productive forces. Has he himself not declared
that “in a few years the civilised nations of the world, through the
perfection of the means of transport, through the influence of material
and intellectual ties, will be as united, nay, even more closely knit
together, than were the counties of England a hundred years ago”?[599]
Even the profound changes in the international economic situation during
the last sixty years fail to supply a serious justification for the
Protectionist policy of the great commercial nations, and the essential
traits of this new _régime_ differ _toto cælo_ from the outlines supplied
by List. Far from allowing agriculture to develop naturally, there has
arisen the cry for some protection for the farmer, which has served as
a pretext for a general reinforcement of tariffs in a great number of
cases, notably in France and Germany. The competition of American corn
has hindered European agriculture from benefiting by the advancement of
industry as List had predicted. Modern tariffs, involving as they do the
taxation of both agricultural and industrial products, imply a conception
of Protection entirely different from List’s. He would have confined
Protection to the most important branches of national production—to
those industries from which the other and secondary branches receive
their supplies. Only on this ground would he have justified exceptional
treatment.[600] It is an essentially vigorous conception, and what
he sought of Protection was an energetic stimulant and an agent of
progress. But a tariff which indifferently protects every enterprise,
which no longer distinguishes between the fertilising and the fertilised
industries, and increases all prices at the same time, can have only
one effect—a loss for one producer and a gain for another. Their
relative positions remain intact. It is no longer a means of stimulating
productive energy; it is merely a general instrument of defence against
Public-domain text, read in full here on John Shaqi.
Reviews
Reviews
No reviews yet
Be the first to share your thoughts on this work.
Elsewhere in the archive
Join the Discussion
Join the discussion
Sign in to leave a comment or review.
Sign InorCreate an account