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
Thus, in whatever point of view we place ourselves, whether [p217]
we regard Capital in connexion with our wants, which it ennobles;
with our efforts, which it facilitates; with our enjoyments, which
it purifies; with nature, which it enlists in our service; with
morality, which it converts into habit; with sociability, which
it develops; with equality, which it promotes; with freedom, in
which it lives; with equity, which it realizes by methods the most
ingenious—everywhere, always, provided that it is created and acts
in the regular order of things, and is not diverted from its natural
uses, we recognise in Capital what forms the indubitable note and
stamp of all great providential laws,—Harmony. [p218]
VIII.
PROPERTY—COMMUNITY.
Recognising in the soil, in natural agents, and in instruments of
labour, what they incontestably possess, the gift of engendering
Utility, I have endeavoured to denude them of what has been
erroneously attributed to them, namely, the faculty of creating
Value,—a faculty which pertains exclusively to the Services which men
exchange with each other.
This simple rectification, whilst it strengthens and confirms
Property, by restoring to it its true character, brings to light a
most important fact, hitherto, if I am not mistaken, overlooked by
Economic science—the fact that there exists a real, essential, and
‹progressive› Community,—the natural result of every social system in
which liberty prevails, and the evident design of which is to conduct
all men, as brethren, from primitive Equality, which is the equality
of ignorance and destitution, towards an ultimate Equality in the
possession of truth and material prosperity.
If this radical distinction between the Utility of things and the
value of services be true in itself, and in the consequences which
have been deduced from it, it is impossible to misunderstand its
bearing; for it leads to nothing less than the absorption of utopian
theories in science, and the reconcilement of antagonistic schools in
a common faith, which satisfies all minds and all aspirations.
Public-domain text, read in full here on John Shaqi.
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