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
According to the doctrine which the present work aspires to
establish, the answer is categorical. It consists of a peremptory
‹yes›. The proprietor ‹has› rendered me a service. What is it?
This, that he has by himself, or his ancestor, cleared and enclosed
the field—he has cleared it of weeds and stagnant water—he has
enriched and thickened the vegetable mould—he has built a house
and a homestead. All this presupposes much labour executed by him
in person; or, what comes to the same thing, by others whom he has
paid. These are services, certainly, which, according to the just
law of reciprocity, must be reimbursed to him. Now, this proprietor
has never been remunerated, at least to the full extent. He cannot
be so by the first man who comes to buy from him a bag of corn.
What is the arrangement, then, that takes place? Assuredly the most
ingenious, the most legitimate, the most equitable arrangement which
it is possible to imagine. It consists in this—That whoever wishes
to purchase a sack of corn shall pay, besides the services of the
various labourers whom we have enumerated, a small portion of the
‹services› rendered by the proprietor. In other words, the ‹Value›
of the proprietor’s ‹services› is spread over all the sacks of corn
which are produced by this field.
Now, it may be asked if the supposed remuneration of four francs be
too great or too small. I answer that Political Economy has nothing
to do with that. That science establishes that the value of the
services rendered by the landed proprietor are regulated by exactly
the same laws as the value of other services, and that is enough.
It may be a subject of surprise, too, that this bit-by-bit
reimbursement should not at length amount to a complete liquidation,
and, consequently, to an extinction of the proprietor’s claim. They
who make this objection do not reflect that it is of the nature of
Capital to produce a perpetual return, as we shall see in the sequel.
I shall not dwell longer on that question in this place; and shall
[p163] simply remark, that there is not in the entire price of
the corn a single farthing which does not go to remunerate human
services,—not one which corresponds to the ‹value› that nature is
supposed to have given to the corn by imparting to it ‹utility›.
But if, adhering to the principle of Say and the English Economists,
you assert that, of the sixteen francs, there are twelve which go to
the labourers, sowers, reapers, carters, etc.—two which recompense
the personal services of the proprietor; and finally, that there
are two others which represent a value which has for its foundation
the ‹utility› created by God, by natural agents, and without any
co-operation of man, do you not perceive that you immediately lay
yourself open to be asked, Who is to profit by this portion of
‹value›? Who has a title to this remuneration? Nature does not demand
it, and who dare take nature’s place.
Public-domain text, read in full here on John Shaqi.
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