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
God has placed certain Materials and certain Forces at the disposal
of man. In order to obtain possession of these materials and forces,
Labour is necessary, or it is not. If it be not necessary, no one
will voluntarily consent to purchase from another, by means of an
effort, what, without any effort, he can obtain from the hands of
Nature. In this case, services, exchange, value, ‹Property›, are
out of the question. If, on the other hand, labour be necessary, in
equity it falls upon the person who is to receive the satisfaction;
whence it follows that the satisfaction is the recompense of the
pains taken, the effort made, the labour undergone. Here you have
the principle of Property. This being so, a man takes pains, or
submits to labour, for his own benefit, and becomes possessed of
the whole utility realized by this labour co-operating with nature.
He takes pains, or submits to labour, for another, and in that case
he bargains to receive in return an equivalent service, which is
likewise the vehicle of utility, and the result exhibits two Efforts,
two Utilities which have changed hands, and two Satisfactions. But
we must not lose sight of this, that the transaction is effected by
the comparison, by the ‹appreciation›, not of the two utilities (they
cannot be brought to this test), but of the two services exchanged.
It is then exact to say that, in a personal point of view, man, by
means of labour, becomes proprietor of natural utility (that is the
object of his labour), whatever be the relation (which may vary ‹ad
infinitum›) of labour to utility. But in a ‹social› point of view,
or in reference to each other, men are never proprietors except of
value, the foundation of which is not the liberality of nature, but
human service, pains taken, danger encountered, skill displayed,
in securing that liberality. In a word, in what concerns natural
and gratuitous utility, the last acquirer, the person who is the
recipient of the satisfaction, is placed, by exchange, in the shoes
of the first labourer. The latter has found himself in presence of
a gratuitous utility which he has taken the pains to appropriate;
the former returns him an equivalent service, and thus substitutes
himself in the other’s right and place; utility is acquired by him by
the same title, that is to say, by a gratuitous title, on condition
of pains taken. There is here, neither in fact nor in appearance, any
improper interception of the gifts of God.
I venture, then, to lay down this proposition as unassailable:
‹In relation to one another, men are proprietors only of values, and
values represent only services compared, and voluntarily received and
rendered.› [p227]
Public-domain text, read in full here on John Shaqi.
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