What Is Free Trade? - An Adaptation of Frederic Bastiat's "Sophismes Éconimiques" Designed for the American Reader by Frédéric Bastiat
page 34 of 142 (23%)
page 34 of 142 (23%)
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bodies, could also give it to the internal mechanism of society. We
will see the advantages of this invention escaping from the individual, to become for ever the common patrimony of mankind. The process finally becomes known. Guttenberg is no longer alone in his art; others imitate him. Their profits are at first considerable. They are recompensed for being the first who made the effort to imitate the processes of the newly-invented art. This again was necessary, in order that they might be induced to the effort, and thus forward the great and final result to which we approach. They gain largely; but they gain less than the inventor, for _competition_ has commenced its work. The price of books now continually decreases. The gains of the imitators diminish in proportion as the invention becomes older; and in the same proportion imitation becomes less meritorious. Soon the new object of industry attains its normal condition; in other words, the remuneration of printers is no longer an exception to the general rules of remuneration, and, like that of copyists formerly, it is only regulated _by the general rate of profits_. Here then the producer, as such, holds only the old position. The discovery, however, has been made; the saving of time, labor, effort, for a fixed result, for a certain number of volumes, is realized. But in what is this manifested? In the cheap price of books. For the good of whom? For the good of the consumer--of society--of humanity. Printers, having no longer any peculiar merit, receive no longer a peculiar remuneration. As men--as consumers--they no doubt participate in the advantages which the invention confers upon the community; but that is all. As printers, as producers, they are placed upon the ordinary footing of all other producers. Society pays them for their labor, and not for the usefulness of the invention. _That_ has become a gratuitous benefit, a common heritage to mankind. |
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