Harmonies of Political Economy: Translated from the Third French Edition, with a Notice of the Life and Writings of the AuthorBastiat, Frédéric
Philosophy
Harmonies of Political Economy: Translated from the Third French Edition, with a Notice of the Life and Writings of the Author
Bastiat, Frédéric
Economics
‹2d›, That ‹Value›, on the other hand, which alone is capable of
appropriation, which alone constitutes property legitimately and in
fact, has a tendency to diminish more and more in relation to the
utility to which it is attached.
Such a demonstration—founded on Property, but only on the property
of which Value is the subject, and on Community, but only on the
community of utility,—such a demonstration, I say, must satisfy
and reconcile all schools, by conceding to them that all have had
a glimpse of the truth, but only of partial truth, regarded from
different points of view.
Economists! you defend property. There is in the social order no
other property than that of which ‹Value› is the subject, and that is
immovable and unassailable.
Communists! you dream of Community. You have got it. The social order
renders all ‹utilities› common, provided the exchange of those values
which have been appropriated is free.
You are like architects who dispute about a monument of which each
has seen only one side. They don’t see ‹ill›, but they don’t see
‹all›. To make them agree, it is only necessary to ask them to walk
round the edifice.
But how am I to reconstruct the social edifice, so as to exhibit
to mankind all its beautiful harmony, if I reject its two corner
stones. Utility and Value? How can I bring about the desired [p133]
reconciliation of various schools upon the platform of truth if I
shun the analysis of these two ideas, although the dissidence has
arisen from the unhappy confusion which they have caused?
I have felt this kind of introduction necessary, in order, if
possible, to secure from the reader a moment’s attention, and relieve
him from fatigue and ennui. I am much mistaken if the consoling
beauty of the consequences will not amply make up for the dryness of
the premises. Had Newton allowed himself to be repulsed at the outset
by a distaste for elementary mathematics, never would his heart
have beat with rapture on beholding the harmonies of the celestial
mechanism; and I maintain that it is only necessary to make our
way manfully to an acquaintance with certain first principles, in
order to be convinced that God has displayed in the social mechanism
goodness no less touching, simplicity no less admirable, splendour no
less magnificent.
Public-domain text, read in full here on John Shaqi.
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