I say that no one in his senses would ever think of putting forth as oracles of truth propositions so absurd. It would be too glaring an evidence that wealth does not depend upon the intensity of the effort in proportion to the satisfaction obtained, and that it is just the contrary which is true. We should then understand that wealth consists neither in the Want, nor in the Obstacle, nor in the Effort, but in the Satisfaction; and we should not hesitate to [p130] acknowledge that, although Robinson Crusoe was both producer and consumer, yet, in order to judge of his progress, we must have reference, not to his labour, but to its results. In short, in laying down the axiom that “the paramount interest is that of the consumer,” we believe we are merely giving utterance to a ‹truism›. Happy will it be for nations when they discern clearly how and why what we have found true or false of man in a state of isolation is equally true or false of man in his social state! It is absolutely certain, however, that the five or six propositions which have appeared to us not only false, but absurd, when applied to the island of Juan Fernandez, appear, when applied to our own country, so incontestably true, that they serve as the basis of our whole economic legislation. On the other hand, the axiom which appears to us to be truth itself when applied to an individual, is never invoked in the name of society without calling forth a smile of contempt. Is it true, then, that Exchange so alters our individual organization that what makes individual poverty constitutes social riches? No, it is not true, but it is plausible—so very plausible as to be generally believed. Society consists in this—that we work for one another. The more services we render, the more services we receive, and we receive more in proportion as our own are more appreciated—more in demand. On the other hand, the separation of occupations, the division of labour, causes each of us to apply his efforts to the removal of obstacles which stand in the way of the enjoyments of others. The agricultural labourer combats the obstacle called hunger—the physician, the obstacle called disease—the clergyman, the obstacle called vice—the author, the obstacle called ignorance—the coal miner, the obstacle called cold, etc., etc. And as those around us are more disposed to remunerate our services in proportion as they feel more keenly the particular obstacle which stands in their own way, it follows that we are all disposed, in this point of view, and as producers, to magnify the obstacle which it is our peculiar business to overcome. We consider ourselves richer if such obstacles are multiplied, and we reason from particulars to generals—from our own individual advantage to the public good.[29] . . . . [p131] V. OF VALUE. All dissertations are wearisome—a dissertation on Value the most wearisome of all.