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
But the question which Political Economy proposes is this: Is wealth
for mankind a moral good or a moral evil? Does the progressive
development of wealth imply, in a moral point of view, improvement or
decadence?
The reader anticipates my answer, and will understand that I must
say a few words on the subject of individual morality, in order
to get quit of the contradiction, or rather of the impossibility,
[p195] which would be implied in asserting that what is individual
immorality is general morality.
Without having recourse to statistics, or the records of our prisons,
we must handle a problem which may be enunciated in these terms:—
Is man degraded by exercising more power over nature—by constraining
nature to serve him—by obtaining additional leisure—by freeing
himself from the more imperious and pressing wants of his
organization—by being enabled to rouse from sleep and inactivity his
intellectual and moral faculties,—faculties which assuredly have not
been given him to remain in eternal lethargy?
Is man degraded by being removed from a state the most inorganic, so
to speak, and raised to a state of the highest spiritualism which it
is possible for him to reach?
To enunciate the problem in this form is to resolve it.
I willingly grant, that when wealth is acquired by means which are
immoral, it has an immoral influence, as among the Romans.
I also allow that when it is developed in a very unequal manner,
creating a great gulf between classes, it has an immoral influence,
and gives rise to revolutionary passions.
But does the same thing hold when wealth is the fruit of honest
industry and free transactions, and is uniformly distributed over all
classes? That would be a doctrine which it is impossible to maintain.
Socialist works, nevertheless, are crammed with declamations against
the rich.
I really cannot comprehend how these schools, so opposite in
other respects, but so unanimous in this, should not perceive the
contradiction into which they fall.
On the one hand, wealth, according to the leaders of these schools,
has a deleterious and demoralizing action, which debases the soul,
hardens the heart, and leaves behind only a taste for depraved
enjoyments. The rich have all manner of vices. The poor have
all manner of virtues—they are just, sensible, disinterested,
generous,—such is the favourite theme of these authors.
On the other hand, all the efforts of the Socialists’ imagination,
all the systems they invent, all the laws they wish to impose
upon us, tend, if we are to believe them, to convert poverty into
riches. . . . . . .
Morality of wealth proved by this maxim; the profit of one is
the profit of another. . . . . . . . . . . . . . . . . . . . .
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . [p196]
VII.
CAPITAL.
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