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
I reject that conclusion, and I premonish the reader that, if he
admits it to a greater or less extent, he cannot proceed a single
step farther in the science. No; the action of nature does not create
Value, any more than the action of man creates matter. Of two things
one: either the proprietor has usefully co-operated towards the final
result, and has rendered real services, and then the portion of value
which he has conferred on the coal enters into my definition; or else
he obtrudes himself as a parasite, and, in that case, he has had
the address to get paid for ‹services› which he has not rendered,
and the price of the coal is unduly augmented. That circumstance
may prove, indeed, that injustice has entered into the transaction;
but it cannot overturn the theory so as to authorize us to say that
this portion of value is material,—that it is combined as a physical
element with the gratuitous gifts of Providence. Here is the proof
of it. Cause the injustice to cease, if injustice there be, and
the corresponding value will disappear, which it assuredly would
not have done had the value been inherent in matter and of natural
creation.[30]
* * * * *
Let us now pass to one of our most imperious wants, that of
‹security›.
A certain number of men land upon an inhospitable coast. They begin
to work. But each of them finds himself constantly drawn away from
his employment by the necessity of defending himself against wild
beasts, or men still more savage. Besides the time and the exertion
which he devotes directly to the work of defence, he has to provide
himself with arms and munitions. At length it is discovered that, on
the whole, infinitely less power and effort would be wasted if some
of them, abandoning other work, were to devote themselves exclusively
to this ‹service›. This [p146] duty is assigned to those who are
most distinguished for address, courage, and vigour—and they improve
in an art which they make their exclusive business. Whilst they watch
over the public safety, the community reaps from its labours, now
no longer interrupted, more satisfactions ‹for all› than it loses
by the diversion of ten men from other avocations. This arrangement
is in consequence made. What do we see in it but a new progress in
the ‹division of occupations›, inducing and requiring an exchange of
‹services›?
Are the services of these soldiers, guards, militiamen, or whatever
you may call them, ‹productive›? Undoubtedly they are, seeing that
the sole object of the arrangement is to increase the proportion
which the aggregate Satisfactions of the community bear to the
general efforts.
Have they ‹Value›? They must have it, since we esteem them,
appreciate them, ‹estimate› their worth, and, in fine, pay for them
with other ‹services› with which they are compared.
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