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
Anyone examining the table in a non-Physiocratic fashion, but simply
viewing it in the modern spirit, must at once feel surprised and
disappointed to find that the class which enjoys two-fifths of the
national revenue does nothing in return for it. We should not have
been surprised if such glaring parasitism had given to the work of the
Physiocrats a distinctly socialistic tone. But they were quite impervious
to all such ideas. They never appreciated the weakness of the landowners’
position, and they always treated them with the greatest reverence. The
epithet “sterile” is applied, not to them, but to manufacturers and
artisans! Property is the foundation-stone of the “natural order.” The
proprietors have been entrusted with the task of supplying the staff of
life, and are endued with a kind of priestly sacredness. It is from their
hands that all of us receive the elements of nutrition. It is a “divine”
institution—the word is there.[46] Such idolatry needs some explanation.
One might have expected—even from their own point of view—that the
premier position would have been given to the class which they termed
productive, _i.e._ to the cultivators of the soil, who were mostly
farmers and _métayers_. The land was not of their making, it is true.
They had simply received it from the proprietors. This latter class takes
precedence because God has willed that it should be the first dispenser
of all wealth.[47]
There is no need to insist on this strange aberration which led them
to look for the creator of the land and its products, not amid the
cultivators of the soil, but among the idlers.[48] Such was the logical
conclusion of their argument. We must also remember that the Physiocrats
failed to realise the inherent dignity of all true labour simply because
it was not the creator of wealth. This applied both to the agricultural
labourer and the industrial worker, and though the former alone was
considered productive it was because he was working in co-operation with
nature. It was nature that produced the wealth and not the worker.
Something must also be attributed to their environment. Knowing only
feudal society, with its economic and political activities governed and
directed by idle proprietors, they suffered from an illusion as to the
necessity for landed property similar to that which led Aristotle to
defend the institution of slavery.[49]
Although they failed to foresee the criticisms that would be
levelled against the institution of private property, they were very
assiduous—especially the Abbé Baudeau—in seeking an explanation of its
origin and a justification of its existence. The reasons which they
advanced are more worthy of quotation than almost any argument that has
since been employed by conservative economists.
Public-domain text, read in full here on John Shaqi.
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