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
There is here, however, a circumstance which it is necessary
thoroughly to comprehend, if we would not see discordance where there
is in reality only harmony. It is this, that the purchaser of water
obtains it on easier terms, that is to say, gives a less amount of
labour in exchange for a given quantity of it, each time that a step
of progress of this kind is gained, although in such circumstances
he has to give a remuneration for the instrument by means of which
nature is constrained to act. Formerly he paid for the labour of
carrying the water; now he pays not only for that, but for the labour
expended in constructing the barrow, the wheel, and the pipe—and yet,
‹everything included›, he pays less; and this shows us how false and
futile the reasoning is which would persuade us that that part of
the remuneration which is applicable to capital is a burden on the
consumer. Will these reasoners never understand that, for each result
obtained, capital supersedes more labour than it exacts?
All that I have said is equally applicable to the production of
corn. In that case also, anterior to all human labour, there has
[p274] been an immense, a measureless, amount of natural industry at
work, the secrets of which the most advanced science can yet give
no account of. Gases, salts, are diffused through the soil and the
atmosphere. Electricity, affinity, the wind, the rain, light, heat,
vegetable life, play successively their parts, often unknown to us,
in transporting, transforming, uniting, dividing, combining these
elements; and this marvellous industry, the activity and utility of
which elude our appreciation and even our imagination, has yet no
‹value›. Value makes its appearance at the first intervention of
the labour of man, who has, in this, more perhaps than in the other
instance we have given, a ‹supplementary› labour to perform, in order
to complete what nature has begun.
To direct these natural forces, and remove the obstacles which impede
their action, man takes possession of an instrument, which is the
soil, and he does so without injury to anyone; for this instrument
had previously no value. This is not a matter of argument, but a
matter of fact. Show me, in any part of the world you choose, land
which has not been subjected directly or indirectly to human action,
and I will show you land destitute of value.[61] [p275]
Public-domain text, read in full here on John Shaqi.
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