Let the Belgians and the English lower the price of their iron ever
so much; let them, if they will, send it to us for nothing; this
might extinguish some of our blast-furnaces; but immediately, and as
a necessary consequence of this very cheapness, there would rise up a
thousand other branches of industry more profitable than the one which
had been superseded.
We arrive, then, at the conclusion that domination by labour is
impossible, and a contradiction in terms, seeing that all superiority
which manifests itself among a people means cheapness, and tends only to
impart force to all other nations. Let us banish, then, from political
economy all terms borrowed from the military vocabulary: to fight with
equal weapons, to conquer, to crush, to stifle, to be beaten, invasion,
tribute, etc. What do such phrases mean? Squeeze them, and you obtain
nothing... Yes, you do obtain something; for from such words proceed
absurd errors, and fatal and pestilent prejudices. Such phrases tend to
arrest the fusion of nations, are inimical to their peaceful, universal,
and indissoluble alliance, and retard the progress of the human race.
THE END.
End of the Project Gutenberg EBook of Economic Sophisms, by Frédéric Bastiat
Public-domain text, read in full here on John Shaqi.
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