What Is Free Trade?: An Adaptation of Frederic Bastiat's "Sophismes Éconimiques" Designed for the American ReaderBastiat, Frédéric
General
What Is Free Trade?: An Adaptation of Frederic Bastiat's "Sophismes Éconimiques" Designed for the American Reader
Bastiat, Frédéric
Free trade; Tariff -- United States
And this is why you are obliged to repeat daily: "Principles are not
in their nature absolute. That which is _well_ in the individual, the
family, the county, the state, is _evil_ in the nation. That which is
_good_ in detail--such as, to purchase rather than to produce, when
purchase is more advantageous than production--is bad in the mass. The
political economy of individuals is not that of nations," and other
rubbish, _ejusdem farinæ_. And why all this? Look at it closely. It is
in order to prove to us that we, consumers, are your property, that
we belong to you body and soul, that you have an exclusive right to
our stomachs and limbs, and it is for you to nourish us and clothe us
at your own price, however great may be your ignorance, your rapacity,
or the inferiority of your position.
No, you are not men of practice; you are men of abstraction--and of
extraction!
CHAPTER XIV.
CONFLICT OF PRINCIPLES.
There is one thing which confounds us, and it is this:
Some sincere publicists, studying social economy from the point of
view of producers only, have arrived at this double formula:
"Governments ought to dispose of the consumers subject to the
influence of their laws, in favor of national labor."
"They should render distant consumers subject to their laws, in order
to dispose of them in favor of national labor."
The first of these formulas is termed _protection_; the latter,
_expediency_.
Both rest on the principle called Balance of Trade; the formula of
which is:
"A people impoverishes itself when it imports, and enriches itself
when it exports."
Of course, if every foreign purchase is a tribute paid, a loss, it is
perfectly evident we must restrain, even prohibit, importations.
And if all foreign sales are tribute received, profit, it is quite
natural to create channels of outlet, even by force.
Protective System--Colonial System: two aspects of the same theory. To
_hinder_ our fellow-citizens purchasing of foreigners, _to force_
foreigners to purchase from our fellow-citizens, are merely two
consequences of one identical principle. Now, it is impossible not to
recognize that according to this doctrine, general utility rests on
_monopoly_, or interior spoliation, and on _conquest_, or exterior
spoliation.
Public-domain text, read in full here on John Shaqi.
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