What Is Free Trade? - An Adaptation of Frederic Bastiat's "Sophismes Éconimiques" Designed for the American Reader by Frédéric Bastiat
page 39 of 142 (27%)
page 39 of 142 (27%)
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this liberality of Nature? NOT THESE REGIONS, for they are
forced by competition to receive remuneration simply for their labor. It is MANKIND who is the gainer; for the result of this liberality is _cheapness_, and cheapness belongs to the world. Here in the temperate zone, we find coal and iron ore on the surface of the soil; we have but to stoop and take them. At first, I grant, the immediate inhabitants profit by this fortunate circumstance. But soon comes competition, and the price of coal and iron falls, until this gift of nature becomes gratuitous to all, and human labor is only paid according to the general rate of profits. Thus, natural advantages, like improvements in the process of production, are, or have, a constant tendency to become, under the law of competition, the common and _gratuitous_ patrimony of consumers, of society, of mankind. Countries, therefore, which do not enjoy these advantages, must gain by commerce with those which do; because the exchanges of commerce are between _labor and labor_, subtraction being made of all the natural advantages which are combined with these labors; and it is evidently the most favored countries which can incorporate into a given labor the largest proportion of these _natural advantages_. Their produce representing less labor, receives less recompense; in other words, is _cheaper_. If then all the liberality of Nature results in cheapness, it is evidently not the producing, but the consuming country, which profits by her benefits. Hence we may see the enormous absurdity of the consuming country, which rejects produce precisely because it is cheap. It is as though we should say: "We will have nothing of that which Nature gives you. You ask of us an effort equal to two, in order to furnish ourselves |
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