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
Now this appears to me quite evident. Labourers (other than owners
of land) who wished to procure supplies of grain, being perfectly
free to apply either to Jonathan or to his neighbours, or to the
proprietors of adjoining states, being in circumstances even to
proceed to clear lands beyond the territory of Arkansas, it would
be absolutely impossible for Jonathan to impose an unjust law upon
them. The very fact that lands which have no value exist elsewhere
would oppose to monopoly an invincible obstacle, and we should be
landed again in the preceding hypothesis. Agricultural services are
subject to the law of Universal Competition, [p268] and it is quite
impossible to make them pass for more than they ‹are worth›. I add,
that they are worth no more (‹cæteris paribus›) than services of
any other description. As the manufacturer, after charging for his
time, his anxiety, his trouble, his risk, his advances, his skill
(all which things constitute human service, and are represented
by value), can demand no recompense for the law of gravitation,
the expansibility of steam, the assistance of which he has availed
himself of,—so in the same way, Jonathan can include in the value
of his grain only the sum total of the personal services, anterior
or recent, and not the assistance he has derived from the laws of
vegetable physiology. The equilibrium of services is not impaired
so long as they are freely exchanged, the one for the other, at an
agreed price; and the gifts of God, of which these services are the
vehicle, given on both sides into the bargain, remain in the domain
of community.
It may be said, no doubt, that in point of fact the value of the
soil is constantly increasing; and this is true. In proportion as
population becomes more dense and the people more wealthy, and the
means of communication more easy, the landed proprietor derives
more advantage from his services. Is this law peculiar to him?
Does the same thing not hold of all other producers? With equal
labour, does not a physician, a lawyer, a singer, a painter, a day
labourer, procure a greater amount of enjoyments in the nineteenth
than he could in the fourth century? in Paris than in Brittany? in
France than in Morocco? But is this increased enjoyment obtained at
the expense of any other body? That is the point. For the rest, we
shall investigate still farther this law of value (using the word
metonymically) of the soil, in a subsequent part of the work, when we
come to consider the theory of Ricardo.
At present it is sufficient to show that Jonathan, in the case we
have put, can exercise no oppression over the industrial classes,
provided the exchange of services is free, and that labour can,
without any legal impediment, be distributed, either in Arkansas or
elsewhere, among different kinds of production. This liberty renders
it impossible for the proprietors to intercept, for their own profit,
the gratuitous benefits of nature.
Public-domain text, read in full here on John Shaqi.
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