Justice, Administration of; Law -- Philosophy; Law and socialism; Property; Socialism and liberty
Frédéric Bastiat died on Christmas Eve, 1850, and did not live to
observe the convulsions that the America he admired so much would go
through in the next fifteen years (and longer). It is unlikely that he
would have considered the U.S. government's military invasion of the
Southern states in 1861, the killing of some 300,000 citizens, and the
bombing, burning, and plundering of the region's cities, towns, farms,
and businesses as being consistent in any way with the protection of
the lives, liberties and properties of those citizens as promised by the
Declaration of Independence. Had he lived to see all of this, he most
likely would have added "legal murder" to "legal plunder" as one of the
two great sins of government. He would likely have viewed the post-war
Republican Party, with its 50 percent average tariff rates, its massive
corporate welfare schemes, and its 25-year campaign of genocide against
the Plains Indians as first-rate plunderers and traitors to the American
ideal.
In the latter pages of "The Law" Bastiat offers the sage advice that
what was really needed was "a science of
{ix}
economics" that would explain the harmony (or lack thereof) of a free
society (as opposed to socialism). He made a major contribution to this
end himself with the publication of his book, _Economic Harmonies_,
which can be construed as a precursor to the modern literature of
the Austrian School of economics. There is no substitute for a solid
understanding of the market order (and of the realities of politics)
when it comes to combating the kinds of destructive socialistic schemes
that plagued Bastiat's day as well as ours. Anyone who reads this great
essay along with other free-market classics, such as Henry Hazlitt's
Economics in One Lesson and Murray Roth-bard's Power and Market, will
possess enough intellectual ammunition to debunk the socialist fantasies
of this or any other day.
Thomas J. DiLorenzo May 2007
Thomas DiLorenzo is professor of economics at Loyola College in Maryland
and a member of the senior faculty of the Mises Institute.
THE LAW [1]
{1}
The law perverted! The law--and, in its wake, all the collective
forces of the nation--the law, I say, not only diverted from its proper
direction, but made to pursue one entirely contrary! The law become
the tool of every kind of avarice, instead of being its check! The law
guilty of that very iniquity which it was its mission to punish! Truly,
this is a serious fact, if it exists, and one to which I feel bound to
call the attention of my fellow citizens.
We hold from God the gift that, as far as we are concerned, contains all
others, Life--physical, intellectual, and moral life.
But life cannot support itself. He who has bestowed it, has entrusted us
with the care of supporting it, of developing it, and of perfecting
it. To that end, He has provided us with a collection of wonderful
faculties; He has plunged us into the midst of a variety of elements. It
is by
{2}
Public-domain text, read in full here on John Shaqi.
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