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
If, in consequence of this discourse, the combined proprietors
[p267] seized the reins of government, and passed an act
interdicting all new clearances, the consequence undoubtedly would
be a temporary increase of their profits. I say temporary, for the
natural laws of society would be wanting in harmony if the punishment
of such a crime did not spring naturally from the crime itself.
Speaking with scientific exactitude, I should not say that the new
law we have supposed would impart value to the powers of the soil,
or to natural agents (were this the case, the law would do harm to
no one);—but I should say, that the equilibrium of services had been
violently upset; that one class robbed all other classes, and that
slavery had been introduced into that country.
Take another hypothesis, which indeed represents the actual state of
things among the civilized nations of Europe—and suppose all the land
to have passed into the domain of private property.
We are to inquire whether in that case the mass of consumers, or the
‹community›, would continue to be the gratuitous usufructuary of the
productive powers of the soil, and of natural agents; whether the
proprietors of land would be owners of anything else than of its
‹value›, that is to say, of their services fairly estimated according
to the laws of competition; and whether, when they are recompensed
for those services, they are not forced like everyone else to give
the gifts of God into the bargain.
Suppose, then, the entire territory of Arkansas alienated by the
government, parcelled into private domains, and subjected to culture.
When Jonathan brings his grain or his land to market, can he not
now take advantage of the productive power of the soil, and make it
an element of value? He could no longer be met, as in the preceding
case, with the overwhelming answer. “There is more uncultivated land
adjacent to yours.”
This new state of things presupposes an increase of population,
which may be divided into two classes: 1st, That which furnishes
to the community agricultural services; 2dly, That which furnishes
manufacturing, intellectual, or other services.
Public-domain text, read in full here on John Shaqi.
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