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
We see how Exchange in this way augments our Satisfactions. The
benefit consists in this, that efforts of equal intensity tend, by
the mere fact of their union, to superior results. There is here no
trace of the pretended ‹barter of the superfluous for the necessary›,
any more than of the double and empirical profit alleged by Condillac.
The same remark applies to division of labour. Indeed, if we regard
the matter more closely, we shall be convinced that the separation
of employments is only another and more permanent manner of uniting
our forces—of co-operating, of ‹associating›; and it is quite correct
to say, as we shall afterwards demonstrate, that the present social
organization, provided Exchange is left free and unfettered, is
itself a vast and beautiful association—a marvellous association,
very different, indeed, from that dreamt of by the Socialists,
since, by an admirable mechanism, it is in perfect accordance with
individual independence. Every one can enter and leave it at any
moment which suits his convenience. He contributes to it voluntarily,
and reaps a satisfaction superior to his contribution, and always
increasing—a satisfaction determined by the laws of justice and the
nature of things, not by the arbitrary will of a chief. But this is
anticipating. All we have to do at present is to explain how the
division of labour increases our power.
Without dwelling much on this subject, as it is one of the few which
do not give rise to controversy, a remark or two may not be out
of place. Its importance has perhaps been somewhat disparaged. In
order to demonstrate the powerful effects of the Division of Labour,
it has been usual to describe its marvellous results in certain
manufactures—in the making of pins, for [p105] example. But the
subject admits of being viewed in a more general and philosophical
light. The force of habit has the singular effect of concealing from
us, and rendering us unconscious of, the phenomena in the midst of
which we live and move. No saying is more profoundly true than that
of Rousseau, “Much philosophy is needed for the observation of what
we see every day.” It may not then be without use to recall what we
owe to Exchange, without perceiving it.
In what way has the power of exchanging elevated mankind to the
height of civilisation we have now attained? I answer, by the
influence which it exerts on ‹Labour›, upon the co-operation of
‹natural agents›, upon the ‹powers and faculties› of man, and upon
‹Capital›.
Adam Smith has clearly demonstrated its influence on Labour.
Public-domain text, read in full here on John Shaqi.
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