II. It is not true, in point of _fact_, that inequality of conditions
existing between two similar branches of industry entails necessarily
the ruin of that which is least favourably situated. On the turf, if
one horse gains the prize, the other loses it; but when two horses
are employed in useful labour, each produces a beneficial result in
proportion to its powers; and if the more vigorous renders the greater
service, it does not follow that the other renders no service at all.
We cultivate wheat in all the departments of France, although there are
between them enormous differences of fertility; and if there be any
one department which does not cultivate wheat, it is because it is not
profitable to engage in that species of culture in that locality. In the
same way, analogy shows us that under the _régime_ of liberty, in spite
of similar differences, they produce wheat in all the countries of
Europe; and if there be one which abandons the cultivation of that
grain, it is because it is found _more for its interest_ to give another
direction to the employment of its land, labour, and capital And why
should the fertility of one department not paralyze the agriculturist of
a neighbouring department which is less favourably situated? Because
the economic phenomena have a flexibility, an elasticity, _levelling
powers_, so to speak, which appear to have altogether escaped the notice
of the protectionist school. That school accuses us of being given up
to system; but it is the protectionists who are systematic in the last
degree, if the spirit of system consists in bolstering up arguments
which rest upon one fact instead of upon an aggregation of facts. In the
example which we have given, it is the difference in the value of lands
which compensates the difference in their fertility. Your field produces
three times more than mine. Yes, but it has cost you ten times more, and
I can still compete with you. This is the whole mystery. And observe,
that superiority in some respects leads to inferiority in others. It is
just because your land is more fertile that it is dearer; so that it
is not _accidentally_, but _necessarily_, that the equilibrium is
established, or tends to be established; and it cannot be denied that
liberty is the _régime_ which is most favourable to this tendency.
I have referred to a branch of agricultural industry; I might as well
have referred to industry in a different department. There are tailors
at Quimper, and that does not hinder there being tailors also in Paris,
though the latter pay a higher rent, and live at much greater expense.
But then they have a different set of customers, and that serves not
only to redress the balance, but to make it incline to their side.
When we speak, then, of equalizing the conditions of labour, we must not
omit to examine whether liberty does not give us what we seek from an
arbitrary system.
Public-domain text, read in full here on John Shaqi.
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