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
We find that in theory, and as regards right (at least with reference
to this important question), the understanding between the two
schools is much more cordial than we should have imagined. They
differ only as to the legislative consequences to be deduced from
the fact on which they agree. “Seeing that property is tainted with
illegitimacy, inasmuch as it assigns to the proprietor a part of the
remuneration to which he has no right; and seeing, at the same time,
that it is necessary, let us respect it, but demand indemnities.
No, say the Economists, although it is a monopoly, yet seeing that
it is a necessary monopoly, let us respect it, and let it alone.”
And yet they urge this weak defence but feebly; for one of their
latest organs, M. J. Garnier, adds, “You have reason on your side, as
regards human right, but you are wrong practically, inasmuch as you
have failed to point out the effects of a better system.” To which
the Socialists immediately reply, “We have found it; it is the Right
to Employment—try it.”
In the meantime M. Proudhon steps in. You imagine, perhaps, that
this redoubtable objector is about to question the premises on which
the Economists and Socialists ground their agreement. Not at all.
He can demolish property without that. [p260] He appropriates the
premises, grasps them, closes with them, and most logically deduces
his conclusion. “You grant,” he says, “that the gifts of God are
possessed not only of utility but of ‹value›, and that these gifts
the proprietor usurps and sells. Then Property is theft; and it
is not necessary to maintain it; it is not necessary to demand
compensation for it; what ‹is› necessary is to ‹abolish› it.”
M. Proudhon has brought forward many arguments against landed
Property. The most formidable one—indeed the only formidable one—is
that with which these authors have furnished him, by confounding
utility with value.
“Who has the right,” he asks, “to charge for the use of the
soil,—for that wealth which does not proceed from man’s act? Who
is entitled to the rent of land? The producer of the land, without
doubt. Who made it? God. Then, proprietor, begone.
“ . . . . But the Creator of the earth does not sell it—he gives
it; and in giving it he shows no respect of persons. Why, then,
among all his children, are some treated as eldest sons, and some
as bastards? If equality of inheritance be our original right, why
should our posthumous right be inequality of conditions?”
Replying to J. B. Say, who had compared land to an instrument, he
says:
Public-domain text, read in full here on John Shaqi.
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