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
If we had here to do with utility as connected with human ‹services›,
I should not contest this principle. At most I could only observe
that it is superfluous, as being self-evident. It is very clear,
as matter of fact, that no one consents to remunerate a ‹service›,
unless right or wrong, he judges it to be useful. The word service
includes the idea of ‹utility›—so much so that it is nothing else
than a literal reproduction of the Latin word ‹uti›; in French,
‹servir›.
But, unfortunately, it is not in this sense that Say understands
it. He discovers the principle of value not only in human services,
rendered by means of material things, but in the ‹useful› qualities
put by nature into the things themselves. In this way he places
himself once more under the yoke of materiality, and is very far,
we are obliged to confess, from clearing away the mist in which the
English Economists had enveloped the question of Property.
Before discussing Say’s principle on its own merits, I must explain
its logical bearing, in order to avoid the reproach of landing myself
and the reader in an idle discussion.
We cannot doubt that the Utility of which Say speaks is that which
resides in material objects. If corn, timber, coal, broad cloth, have
value, it is because these products possess qualities which render
them proper for our use, fit to satisfy the want we experience of
food, fuel, and clothing.
Hence, as nature has created Utility, it is inferred that she has
created also Value—a fatal confusion of ideas, out of which the
enemies of property have forged a terrible weapon.
Take a commodity, corn for example. I purchase it at the ‹Halle au
Blé› for sixteen francs. A great portion of these sixteen francs
is distributed—in infinite ramifications, and an inextricable
complication of advances and reimbursements—among all the men,
[p162] here or abroad, who have co-operated in furnishing this corn.
Part goes to the labourer, the sower, the reaper, the thrasher, the
carter,—part to the blacksmith and plough-wright, who have prepared
the agricultural implements. Thus far all are agreed, whether
Economists or Communists.
But I perceive that four out of the sixteen francs go to the
proprietor of the soil, and I have a good right to ask if that
man, like the others, has rendered me a Service to entitle him
incontestably, like them, to remuneration.
Public-domain text, read in full here on John Shaqi.
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