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
The conclusion to be deduced from all I have said is, that as long
as there exists in a country abundance of land to be cleared and
brought under cultivation, the proprietor, whether he cultivates,
or lets, or sells it, enjoys no privilege, no monopoly, no
exceptional [p266] advantage,—above all, that he levies no tax
upon the gratuitous liberality of nature. How could it be so,
if we suppose men to be free? Have not people who are possessed
of capital and energy a perfect right to make a choice between
agriculture, manufactures, commerce, fisheries, navigation, the
arts, or the learned professions? Will not capital and industry
always tend to those departments which give extraordinary returns?
Will they not desert those which entail loss? Is this inevitable
shifting and redistribution of human efforts not sufficient to
establish, according to our hypothesis, an equilibrium of profit and
remuneration? Do agriculturists in the United States make fortunes
more rapidly than merchants, shipowners, bankers, or physicians,—as
would necessarily happen if they received the wages of their labour
like other people, and the recompense of nature’s work into the
bargain?
Would you like to know how a proprietor even in the United States
could establish for himself a monopoly? I shall try to explain it.
Suppose Jonathan to assemble all the proprietors of the United
States, and hold this language to them:
“I desired to sell my crops, and I found no one who would give me
a high enough price for them. I wished then to let my land, and
encountered the same difficulty. I resolved to sell it, but still
experienced the same disappointment. My exactions have always
been met by their telling me, that ‹there is more land in the
neighbourhood›; so that, horrible to say, my services are estimated
by the community like the services of other people, ‹at what they
are worth›, in spite of the flattering promises of theorists. They
will give me nothing, absolutely nothing, for those productive and
indestructible powers of the soil, for those natural agents, for
the solar and lunar rays, for the rain, the wind, the dew, the
frost, which I was led to believe were mine, but of which I turn
out to be only the nominal proprietor. Is it not an iniquitous
thing that I am remunerated only for my services, and at a rate,
too, reduced by competition? You are all suffering under the same
oppression, you are all alike the victims of anarchical competition.
It would be no longer so, you may easily perceive, if we ‹organized›
landed property, if we laid our heads together to prevent anyone
henceforward from clearing a yard of American soil. In that case,
population pressing, by its increase, on a nearly fixed amount of
subsistence, we should be able to make our own prices and attain
immense wealth, which would be a great boon for all other classes;
for being rich, we should provide them with work.”
Public-domain text, read in full here on John Shaqi.
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