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
“Things which are accessible to all,” says M. Say, “and which
everyone may enjoy at pleasure, without being forced to acquire them,
and without the fear of exhausting them, such as air, water, the
light of the sun, etc., are the gratuitous gifts of nature, and may
be denominated ‹Natural Wealth›. As these can be neither produced nor
distributed, nor consumed by us, ‹they come not within the domain of
Political Economy›.
“The things which this science has to do with are things which we
possess, and which have a recognised value. These we denominate
‹Social Wealth›, because they exist only among men united in society.”
“It is the ‹Wealth of Value›,” says M. de Saint-Chamans, “‹which
forms the special subject of Political Economy›, and whenever in
this work I mention Wealth without being more specific, I mean that
description of it.”
Nearly all Economists have taken the same view. [p191]
“The most striking distinction,” says Storch, “which presents itself
in the outset, is, that there are certain kinds of value which are
capable of appropriation, and other kinds which are not so.[49] ‹The
first alone are the subject of Political Economy›, for the analysis
of the others would furnish no result worthy of the attention of the
statesman.”
For my own part, I think that that portion of utility which, in the
progress of society, ceases to be onerous and to possess value,
but which does not on that account cease to be utility, and is
about to fall into the domain of the ‹common› and ‹gratuitous›, is
precisely that which should constantly attract the attention of the
statesman and of the Economist. If it do not, in place of penetrating
and comprehending the great results which affect and elevate the
human race, the science will be left to deal with what is quite
contingent and flexible—with what has a tendency to diminish, if not
to disappear—with a relation merely; in a word, with Value. Without
being aware of it, Economists are thus led to consider only labour,
obstacles, and the interest of the producer; and, what is worse, they
are led to confound the interest of the producer with the interest
of the public,—that is to say, to mistake evil for good, and, under
the guidance of the Sismondis and Saint-Chamans, to land at length in
the Utopia of the socialists, or the ‹Système des Contradictions› of
Proudhon.
Public-domain text, read in full here on John Shaqi.
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