Economics Volume II: Modern Economic ProblemsFetter, Frank A. (Frank Albert)
General
Economics Volume II: Modern Economic Problems
Fetter, Frank A. (Frank Albert)
Economics
§ 9. #General grounds of this social legislation#. Why are not such
matters as we have been discussing safely left to individuals? It is
for the interest of every one that his back yard should not be a
place of noisome smells and disagreeable sights. But men are at times
strangely obstinate, selfish, and neglectful, and through one man's
fault a whole community may suffer. The refusal of one man to put
a sewer in front of his house may block the improvement of a whole
street. The heedlessness of one family may bring an epidemic upon an
entire city. There must be a plan, and by law the will of the majority
must be imposed upon the unsocial few. Where voluntary coöperation
fails, compulsory coöperation often is necessary. Thus health laws,
tax laws, and improvement laws regulate many of the acts of citizens,
limit the use of property, and compel men to better social courses
against their own wishes and judgments.
All such laws as these are protective legislation, in that they depart
from the rule of free trade taken in its broadest sense. It does
not follow, however, that all these laws stand or fall together. The
justification of such measures is limited and relative, and therefore
of varying strength. All protective measures are alike in that
the free choice of one citizen is forbidden by law in the supposed
interest of some other citizen who is to be "protected." While the
purpose of the tariff is economic and political, in a large majority
of social laws the moral purpose is fundamental. It is the demand of
humanity that competition be placed upon a higher plane. Most social
legislation is to protect the weak from being forced into contracts,
or from living in conditions injurious to their welfare and happiness.
The justification for these limitations upon the right of private
property, upon the free choice of the individual, upon "free
competition," must be found in the social result secured. The best
test of social protective laws is their contribution to a higher
independence and to a freer competition on a higher, more worthy, and
more humane plane.
Public-domain text, read in full here on John Shaqi.
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