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 we examine in succession the material objects which contribute to
the satisfaction of our wants, we shall discover without difficulty
that all or nearly all require, in order to their being brought to
perfection, more time, a larger portion of our life, than a man can
expend without recruiting his strength, that is to say, without
satisfying his wants. This supposes that those who had made those
things had previously reserved, set aside, accumulated, provisions,
to enable them to subsist during the operation. [p093]
The same observation applies to satisfactions which have nothing
material belonging to them.
A clergyman cannot devote himself to preaching, a professor to
teaching, a magistrate to the maintenance of order, unless, by
themselves, or by others, they are put in possession of means of
subsistence previously created.
Let us go a little higher. Suppose a man isolated and forced to
live by the chase. It is easy to comprehend that if every night he
consumed the whole game which his day’s hunting had furnished, he
could never set himself to any other work, to build a cottage, for
example, or repair his arms or implements. All progress would be
interdicted in his case.
This is not the proper place to define the nature and functions
of Capital. My sole object at present is to show that certain
moral virtues co-operate very directly in the amelioration of
our condition, even when viewed exclusively with reference to
wealth,—among other virtues, order, foresight, self-control, economy.
To ‹foresee› is one of our noblest privileges, and it is scarcely
necessary to say that, in all situations of life, the man who
most clearly foresees the probable consequences of his acts and
determinations has the best chance of success.
To ‹control his appetites›, to govern his passions, to sacrifice
the present to the future, to submit to privations for the sake of
greater but more distant advantages—such are the conditions essential
to the formation of capital; and capital, as we have already
partially seen, is itself the essential condition of all labour that
is in any degree complicated or prolonged. It is quite evident that
if we suppose two men placed in identically the same position, and
possessed of the same amount of intelligence and activity, that man
would make the most progress who, having accumulated provisions,
had placed himself in a situation to undertake protracted works,
to improve his implements, and thus to make the forces of nature
co-operate in the realization of his designs.
I shall not dwell longer on this. We have only to look around us to
be convinced that all our forces, all our faculties, all our virtues,
concur in furthering the advancement of man and of society.
Public-domain text, read in full here on John Shaqi.
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