Essays on Political Economy by Frédéric Bastiat
page 5 of 212 (02%)
page 5 of 212 (02%)
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hundred shillings? At the end of fourteen years, will your shillings
have doubled in your bag? "Will a work of industry or of skill produce another, at the end of fourteen years? "Let us begin, then, by demolishing this fatal fiction." I have quoted the above, merely for the sake of establishing the fact, that many persons consider the productiveness of capital a false, a fatal, and an iniquitous principle. But quotations are superfluous; it is well known that the people attribute their sufferings to what they call _the trafficking in man by man_. In fact, the phrase, _tyranny of capital_, has become proverbial. I believe there is not a man in the world, who is aware of the whole importance of this question:-- "Is the interest of capital natural, just, and lawful, and as useful to the payer as to the receiver?" You answer, No; I answer, Yes. Then we differ entirely; but it is of the utmost importance to discover which of us is in the right, otherwise we shall incur the danger of making a false solution of the question, a matter of opinion. If the error is on my side, however, the evil would not be so great. It must be inferred that I know nothing about the true interests of the masses, or the march of human progress; and that all my arguments are but as so many grains of sand, by which the car of the revolution will certainly not be arrested. |
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