What Is Free Trade? - An Adaptation of Frederic Bastiat's "Sophismes Éconimiques" Designed for the American Reader by Frédéric Bastiat
page 36 of 142 (25%)
page 36 of 142 (25%)
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conclusion at which I have arrived: _Remuneration is not proportioned
to the usefulness of the articles brought by the producer into the market, but to the [time and] labor required for their production._[B] [Footnote B: It is true that [time and] labor do not receive a uniform remuneration; because labor is more or less intense, dangerous, skilful, &c., [and time more or less valuable.] Competition establishes for each category a price current: and it is of this variable price that I speak.] I have so far taken my examples from human inventions, but will now go on to speak of natural advantages. In every article of production, nature and man must concur. But the portion of nature is always gratuitous. Only so much of the usefulness of an article as is the result of human labor becomes the object of mutual exchange, and consequently of remuneration. The remuneration varies much, no doubt, in proportion to the intensity of the labor, of the skill, which it requires, of its being _à-propos_ to the demand of the day, of the need which exists for it, of the momentary absence of competition, &c. But it is not the less true in principle, that the assistance received from natural laws, which belongs to all, counts for nothing in the price. We do not pay for the air we breathe, although so useful to us, that we could not live two minutes without it. We do not pay for it, because nature furnishes it without the intervention of man's labor. But if we wish to separate one of the gases which compose it for instance, to fill a balloon, we must take some [time and] labor; or if another takes it for us, we must give him an equivalent in something |
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