Some years afterwards, another enterprise having engaged the

attention of Jonathan, he set about finding a tenant for his land.

The dialogue which took place between the two contracting parties

was curious, and would throw much light on the subject under

consideration were I to give it entire.

Here is part of it:

‹Proprietor.› What! you would give me no greater rent than the

interest, at the current rate, of the capital I have actually laid

out?

‹Farmer.› Not a cent more.

‹Proprietor.› Why so, pray?

‹Farmer.› Just for this reason, that, with the outlay of an equal

capital, I can put as much land in as good condition as yours.

‹Proprietor.› That seems conclusive. But consider that when you

become my tenant, it is not only my capital which will work for you,

but also ‹the productive and indestructible powers of the soil›. You

will have enlisted in your service the marvellous influences of the

sun and the moon, of affinity and electricity. Am I to give you all

these things for nothing?

‹Farmer.› Why not, since they cost you nothing, and since you derive

nothing from them, any more than I do? [p264]

‹Proprietor.› Derive nothing from them? I derive everything from

them. Zounds! without these admirable phenomena, all my industry

could not raise a blade of grass.

‹Farmer.› Undoubtedly. But remember the Yankee you met at market. He

would not give you a farthing for all this co-operation of nature any

more than, when you were a water-carrier, the housewives of New York

would give you a farthing for the admirable elaboration by means of

which nature supplied the spring.

‹Proprietor.› Ricardo and Proudhon, however, . . . .

‹Farmer.› A fig for Ricardo. We must either treat on the basis which

I have laid down, ‹or I shall proceed to clear land› alongside yours,

where the sun and the moon will work for me gratis.

It was always the same argument, and Jonathan began to see that God

had wisely arranged so as to make it difficult for man to intercept

His gifts.

Disgusted with the trade of proprietor, Jonathan resolved to employ

his energies in some other department, and he determined to put up

his land to ‹sale›.

It is needless to say that no one would give him more for it than it

cost himself. In vain he cited Ricardo, and represented the inherent

value of the indestructible powers of the soil—the answer always

was, “There are other lands close by;” and these few words put an

extinguisher on his exactions and on his illusions.

There is, moreover, in this transaction a fact of great Economic

importance, and to which little attention has been paid.

It is easy to understand that if a manufacturer desires, after ten

or fifteen years, to sell his apparatus and materials, even in their

new state, he will probably be forced to submit to a loss. The

reason is obvious. Ten or fifteen years can scarcely elapse without

considerable improvements in machinery taking place. This is the

reason why the man who sends to market machinery fifteen years old

cannot expect a return exactly equal to the labour he has expended;

for with an equal expenditure of labour the purchaser could, owing to

the progress subsequently made, procure himself machinery of improved

construction—which, we may remark in passing, proves more and more

clearly that value is not in proportion to labour, but to services.

Hence we may conclude that machinery and instruments of labour have a

tendency to lose part of their value in consequence of the mere lapse

of time, without taking into account their deterioration by use—and

we may lay down this formula, that “‹one of the effects of progress

is to diminish the value of all existing instruments›.” [p265]

It is clear, in fact, that the more rapid that progress is, the

greater difficulty will the former instruments have in sustaining the

rivalry of new and improved ones.

I shall not stop here to remark the harmony exhibited by the results

of this law. What I desire you to observe at present is, that landed

property no more escapes from the operation of this law than any

other kind of property.

Brother Jonathan experiences this. He holds this language to the

purchaser—“What I have expended on this property in permanent

improvements represents a thousand days’ labour. I expect that you

will, in the first place, reimburse me for these thousand days’ work,

and then add something for the value which is inherent in the soil

and independent of all human exertion.”

The purchaser replies:

“In the first place, I shall give you nothing for the value inherent

in the soil, which is simply utility, which the adjoining property

possesses as well as yours. Such native superhuman utility I can

obtain gratis, which proves that it possesses no value.

“In the second place, since your books show that you have expended

a thousand days’ work in bringing your land to its present state,

I shall give you only 800 days’ labour; and my reason for it is,

that with 800 days’ labour I can now-a-days accomplish the same

improvements on the adjoining land as you have executed with 1000

days’ labour on yours. Pray consider that in the course of fifteen

years the art of draining, clearing, building, sinking wells,

designing farm-offices, transporting materials, has made great

progress. Less labour is now required to effect each given result,

and I cannot consent to give you ten for what I can get for eight,

more especially as the price of grain has fallen in proportion to

this progress, which is a profit neither to you nor to me, but to

mankind at large.”

Thus Jonathan was left no alternative but to sell his land at a loss,

or to keep it.

Undoubtedly the value of land is not affected by one circumstance

exclusively. Other circumstances—such as the construction of a canal,

or the erection of a town—may act in an opposite direction, and raise

its value, but the improvements of which I have spoken, which are

general and inevitable, always necessarily tend to depress it.

The conclusion to be deduced from all I have said is, that as long

as there exists in a country abundance of land to be cleared and

brought under cultivation, the proprietor, whether he cultivates,

or lets, or sells it, enjoys no privilege, no monopoly, no

exceptional [p266] advantage,—above all, that he levies no tax

upon the gratuitous liberality of nature. How could it be so,

if we suppose men to be free? Have not people who are possessed

of capital and energy a perfect right to make a choice between

agriculture, manufactures, commerce, fisheries, navigation, the

arts, or the learned professions? Will not capital and industry

always tend to those departments which give extraordinary returns?

Will they not desert those which entail loss? Is this inevitable

shifting and redistribution of human efforts not sufficient to

establish, according to our hypothesis, an equilibrium of profit and

remuneration? Do agriculturists in the United States make fortunes

more rapidly than merchants, shipowners, bankers, or physicians,—as

would necessarily happen if they received the wages of their labour

like other people, and the recompense of nature’s work into the

bargain?

Would you like to know how a proprietor even in the United States

could establish for himself a monopoly? I shall try to explain it.

Suppose Jonathan to assemble all the proprietors of the United

States, and hold this language to them:

“I desired to sell my crops, and I found no one who would give me

a high enough price for them. I wished then to let my land, and

encountered the same difficulty. I resolved to sell it, but still

experienced the same disappointment. My exactions have always

been met by their telling me, that ‹there is more land in the

neighbourhood›; so that, horrible to say, my services are estimated

by the community like the services of other people, ‹at what they

are worth›, in spite of the flattering promises of theorists. They

will give me nothing, absolutely nothing, for those productive and

indestructible powers of the soil, for those natural agents, for

the solar and lunar rays, for the rain, the wind, the dew, the

frost, which I was led to believe were mine, but of which I turn

out to be only the nominal proprietor. Is it not an iniquitous

thing that I am remunerated only for my services, and at a rate,

too, reduced by competition? You are all suffering under the same

oppression, you are all alike the victims of anarchical competition.

It would be no longer so, you may easily perceive, if we ‹organized›

landed property, if we laid our heads together to prevent anyone

henceforward from clearing a yard of American soil. In that case,

population pressing, by its increase, on a nearly fixed amount of

subsistence, we should be able to make our own prices and attain

immense wealth, which would be a great boon for all other classes;

for being rich, we should provide them with work.”

If, in consequence of this discourse, the combined proprietors

[p267] seized the reins of government, and passed an act

interdicting all new clearances, the consequence undoubtedly would

be a temporary increase of their profits. I say temporary, for the

natural laws of society would be wanting in harmony if the punishment

of such a crime did not spring naturally from the crime itself.

Speaking with scientific exactitude, I should not say that the new

law we have supposed would impart value to the powers of the soil,

or to natural agents (were this the case, the law would do harm to

no one);—but I should say, that the equilibrium of services had been

violently upset; that one class robbed all other classes, and that

slavery had been introduced into that country.

Take another hypothesis, which indeed represents the actual state of

things among the civilized nations of Europe—and suppose all the land

to have passed into the domain of private property.

We are to inquire whether in that case the mass of consumers, or the

‹community›, would continue to be the gratuitous usufructuary of the

productive powers of the soil, and of natural agents; whether the

proprietors of land would be owners of anything else than of its

‹value›, that is to say, of their services fairly estimated according

to the laws of competition; and whether, when they are recompensed

for those services, they are not forced like everyone else to give

the gifts of God into the bargain.

Suppose, then, the entire territory of Arkansas alienated by the

government, parcelled into private domains, and subjected to culture.

When Jonathan brings his grain or his land to market, can he not

now take advantage of the productive power of the soil, and make it

an element of value? He could no longer be met, as in the preceding

case, with the overwhelming answer. “There is more uncultivated land

adjacent to yours.”

This new state of things presupposes an increase of population,

which may be divided into two classes: 1st, That which furnishes

to the community agricultural services; 2dly, That which furnishes

manufacturing, intellectual, or other services.

Now this appears to me quite evident. Labourers (other than owners

of land) who wished to procure supplies of grain, being perfectly

free to apply either to Jonathan or to his neighbours, or to the

proprietors of adjoining states, being in circumstances even to

proceed to clear lands beyond the territory of Arkansas, it would

be absolutely impossible for Jonathan to impose an unjust law upon

them. The very fact that lands which have no value exist elsewhere

would oppose to monopoly an invincible obstacle, and we should be

landed again in the preceding hypothesis. Agricultural services are

subject to the law of Universal Competition, [p268] and it is quite

impossible to make them pass for more than they ‹are worth›. I add,

that they are worth no more (‹cæteris paribus›) than services of

any other description. As the manufacturer, after charging for his

time, his anxiety, his trouble, his risk, his advances, his skill

(all which things constitute human service, and are represented

by value), can demand no recompense for the law of gravitation,

the expansibility of steam, the assistance of which he has availed

himself of,—so in the same way, Jonathan can include in the value

of his grain only the sum total of the personal services, anterior

or recent, and not the assistance he has derived from the laws of

vegetable physiology. The equilibrium of services is not impaired

so long as they are freely exchanged, the one for the other, at an

agreed price; and the gifts of God, of which these services are the

vehicle, given on both sides into the bargain, remain in the domain

of community.

It may be said, no doubt, that in point of fact the value of the

soil is constantly increasing; and this is true. In proportion as

population becomes more dense and the people more wealthy, and the

means of communication more easy, the landed proprietor derives

more advantage from his services. Is this law peculiar to him?

Does the same thing not hold of all other producers? With equal

labour, does not a physician, a lawyer, a singer, a painter, a day

labourer, procure a greater amount of enjoyments in the nineteenth

than he could in the fourth century? in Paris than in Brittany? in

France than in Morocco? But is this increased enjoyment obtained at

the expense of any other body? That is the point. For the rest, we

shall investigate still farther this law of value (using the word

metonymically) of the soil, in a subsequent part of the work, when we

come to consider the theory of Ricardo.

At present it is sufficient to show that Jonathan, in the case we

have put, can exercise no oppression over the industrial classes,

provided the exchange of services is free, and that labour can,

without any legal impediment, be distributed, either in Arkansas or

elsewhere, among different kinds of production. This liberty renders

it impossible for the proprietors to intercept, for their own profit,

the gratuitous benefits of nature.

It would no longer be the same thing if Jonathan and his brethren,

availing themselves of their legislative powers, were to proscribe

or shackle the liberty of trade,—were they to decree, for example,

that not a grain of foreign corn should be allowed to enter the

territory of Arkansas. In that case the value of services exchanged

between proprietors and non-proprietors would no longer be regulated

by justice. The one party could no longer control the [p269]

pretensions of the other. Such a legislative measure would be as

iniquitous as the one to which we have just alluded. The effect would

be quite the same as if Jonathan, having carried to market a sack

of corn, which in other circumstances would have sold for fifteen

francs, should present a pistol at the purchaser’s head, and say,

Give me three francs more, or I will blow out your brains.

This (to give the thing its right name) is ‹extortion›. ‹Brutal› or

‹legal›, the character of the transaction is the same. Brutal, as

in the case of the pistol, it violates property; legal, as in the

case of the prohibition, it still violates property, and repudiates,

moreover, the very principle upon which property is founded. The

exclusive subject of property, as we have seen, is value, and

Value is the appreciation of two services freely and voluntarily

exchanged. It is impossible, then, to conceive anything more directly

antagonistic to the very principle of property, than that which, in

the name of right, destroys the equivalence of services.

It may not be out of place to add, that laws of this description are

iniquitous and injurious, whatever may be the opinions entertained

by those who impose them, or by those who are oppressed by their

operation. In certain countries we find the working-classes standing

up for these restrictions, because they enrich the proprietors.

They do not perceive that it is at their expense, and I know from

experience that it is not always safe to tell them so.

Strange! that people should listen willingly to sectaries who preach

Communism, which is slavery; for when a man is no longer master of

his own services, he is a slave;—and that they should look askance at

those who are always and everywhere the defenders of Liberty, which

is the Community of the gifts of God.

We now come to the third hypothesis, which assumes that all the land

capable of cultivation throughout the world has passed into the

domain of individual appropriation.

We have still to do with two classes—those who possess land—and those

who do not. Will the first not oppress the second? and will the

latter not be always obliged to give more labour in exchange for the

same amount of subsistence?

I notice this objection merely for argument’s sake, for hundreds of

years must elapse before this hypothesis can become a reality.

Everything forewarns us, however, that the time must at last come

when the exactions of proprietors can no longer be met by the words,

There are other lands to clear.

I pray the reader to remark, that this hypothesis implies another—it

implies that at the same epoch population will have reached [p270]

the extreme limit of the means of subsistence which the earth can

afford.

This is a new and important element in the question. It is very much

as if one should put the question, What will happen when there is no

longer enough of oxygen in the atmosphere to supply the lungs of a

redundant population?

Whatever view we take of the principle of population, it is at

least certain that population is capable of ‹increase›, nay, that

it has a ‹tendency› to increase, since in point of fact it does

increase. All the economic arrangements of society appear to have

been organized with the previous knowledge of this tendency, and are

in perfect harmony with it. The landed proprietor always endeavours

to get paid for the natural agents which he has appropriated, but

he is as constantly foiled in this foolish and unjust pretension

by the abundance of analogous natural agents which have not been

appropriated. The liberality of nature, which is comparatively

indefinite, constitutes him a simple custodier. But now you drive me

into a corner, by supposing a period at which this liberality reaches

its limit. Men have then no longer anything to expect from that

quarter. The consequence is inevitable, that the tendency of mankind

to increase will be paralyzed, that the progress of population will

be arrested. No economic régime can obviate this necessity. According

to the hypothesis we have laid down, every increase of population

would be repressed by mortality. No philanthropy, no optimism, can

make us believe that the increase of human beings can continue

its progression when the progressive increase of subsistence has

conclusively terminated.

Here, then, we have a new order of things and the harmony of the

social laws might be called in question, had they not provided for a

state of matters the existence of which is possible, although very

different from that which now obtains.

The difficulty we have to deal with, then, comes to this: When a

ship in mid-ocean cannot reach land in less than a month, and has

only a fortnight’s provisions on board, what is to be done? Clearly

this, reduce the allowance of each sailor. This is not cruelty—it is

prudence and justice.

In the same way, when population shall have reached the extreme limit

that all the land in the world can maintain, a law which, by gentle

and infallible means prevents the further multiplication of mankind,

cannot be considered either harsh or unjust. Now, it is landed

property still which affords us solution of the difficulty. The

institution of property, by applying the stimulant of self-interest,

causes the land to produce the greatest possible [p271] quantity of

subsistence, and by the division of inheritances puts each family

in a situation to estimate the danger to itself of an imprudent

multiplication. It is very clear that any other régime—Communism, for

example—would be at once a less effective spur to production, and a

less powerful curb to population.

After all, it appears to me that Political Economy has discharged

her duty when she has proved that the great and just law of the

‹mutuality of services› operates harmoniously, so long as human

progress is not conclusively arrested. Is it not consoling to think

that up to that point, and under the empire of freedom, it is not

in the power of one class to oppress another? Is economic Science

bound to solve this further problem: Given the tendency of mankind

to multiply, what will take place when there is no longer room in

the world for new inhabitants? Does God hold in reserve for that

epoch some creative cataclasm, some marvellous manifestation of His

almighty power? Or, as Christians, do we believe in the doctrine

of the world’s destruction? These evidently are not economical

problems, and there is no science which does not encounter similar

difficulties. Natural philosophers know well, that all bodies which

move on the surface of the earth have a tendency to descend, not to

ascend. After all, a day must come when the mountains shall have

filled up the valleys, when the embouchure of our rivers will be on

the same level as their source, when the waters can no longer flow,

etc., etc. What will happen then? Is Natural Science to cease to

observe and to admire the harmony of the actual world because she

cannot divine by what other harmony God will provide for a state of

things far distant, no doubt, but inevitable? It seems to me that

at this point the Economist, like the natural philosopher, should

substitute for an exercise of curiosity an exercise of faith. He who

has so marvellously arranged the medium in which we now live, knows

best how to prepare another medium suitable to other circumstances.

We judge of the productiveness of the soil and of human skill by

the facts of which we are witnesses. Is this a rational mode of

proceeding? Then, adopting it, we may say, Since it has required six

thousand years to bring a tenth part of the earth to the sorry state

of cultivation in which we find it, how many hundreds of ages must

elapse before its entire surface shall be converted into a garden?

Yet in this appreciation, comforting as it is, we suppose merely

the more general diffusion of our present knowledge, or rather our

present ignorance, of agriculture. But is this, I repeat, an [p272]

admissible rule? Does not analogy tell us that an impenetrable

veil conceals from us the power—the indefinite power it may be—of

art? The savage who lives by the chase requires a square league of

territory. What would be his surprise were he told that the pastoral

life enables ten times the number of men to subsist upon the same

space? The nomad shepherd would, in like manner, be quite astonished

to be told that a system of triennial cultivation [‹la culture

triennale›] admits easily of a population ten times greater still.

Tell the peasant accustomed to this routine that the same progress

will again be the result of alternate culture[60] [‹la culture

alterne›], and he will not believe you. Alternate culture is for us

the latest improvement—Is it the latest improvement for the human

race? Let us comfort ourselves regarding the future destiny of the

species—a long tract of ages is before us. At all events, let us not

require Political Economy to resolve problems which are not within

her domain—and let us with confidence commit the destinies of future

races to the keeping of that great and good and wise Being who shall

have called them into existence.

* * * * *

Let us recapitulate the ideas contained in this chapter.

These two phenomena, Utility and Value—the co-operation of nature

and the co-operation of man, consequently Community and Property—are

combined in the work of agriculture, as in every other department of

industry.

In the production of corn which appeases our hunger, we remark

something analogous to what takes place in the formation of water

which quenches our thirst. The ocean, which is the theme of the

poet’s inspiration, offers to the Economist also a fine subject of

meditation. It is this vast reservoir which gives drink to all human

creatures. And yet how can that be, when many of them are situated

at a great distance from its shores, and when its water is besides

undrinkable? It is here that we have to admire the marvellous

industry of nature. We mark how the sun warms the heaving mass, and

subjects it to a slow evaporation. The water takes the form of gas,

and, disengaged from the salt, which rendered it unfit for use,

it rises into the high regions of the atmosphere. Gales of wind,

increasing in all directions, drift it towards inhabited continents.

There it encounters cold, which condenses it, and attaches it in a

solid form to the sides of mountains. By-and-by the gentle heat of

spring melts it. Carried along by its weight, [p273] it is filtered

and purified through beds of schist and gravel. It ramifies and

distributes itself, and supplies and feeds refreshing springs in all

parts of the world. Here we have an immense and ingenious industry

carried on by nature for the benefit of the human race. Change of

form, change of place, utility, nothing is wanting. But where is

‹value›? Value has not yet come into existence; and if what we must

call the work of God is to be paid for (it would be paid for if it

possessed exchangeable ‹value›)—who could tell the ‹value› of a

single drop of this precious liquid?

All men, however, have not a spring of pure water at their door. In

order to quench their thirst they must take pains, make efforts,

exert foresight and skill. It is this ‹supplementary› human labour

which gives rise to arrangements, transactions, ‹estimates›. It is

here, then, that we discover the origin and foundation of value.

Man is originally ignorant. Knowledge is acquired. At the beginning,

then, he is forced to carry water, to accomplish the supplementary

labour which nature has left him to execute with the ‹maximum› of

trouble. It is at this stage that water has the greatest ‹value› in

exchange. By degrees the water-carrier invents a barrow and wheels,

trains horses, constructs pipes, discovers the law of the siphon,

etc.; in short, he transfers part of his labour to the gratuitous

forces of nature; and, in proportion as he does so, the value of

water, but not its utility, is diminished.

There is here, however, a circumstance which it is necessary

thoroughly to comprehend, if we would not see discordance where there

is in reality only harmony. It is this, that the purchaser of water

obtains it on easier terms, that is to say, gives a less amount of

labour in exchange for a given quantity of it, each time that a step

of progress of this kind is gained, although in such circumstances

he has to give a remuneration for the instrument by means of which

nature is constrained to act. Formerly he paid for the labour of

carrying the water; now he pays not only for that, but for the labour

expended in constructing the barrow, the wheel, and the pipe—and yet,

‹everything included›, he pays less; and this shows us how false and

futile the reasoning is which would persuade us that that part of

the remuneration which is applicable to capital is a burden on the

consumer. Will these reasoners never understand that, for each result

obtained, capital supersedes more labour than it exacts?

All that I have said is equally applicable to the production of

corn. In that case also, anterior to all human labour, there has

[p274] been an immense, a measureless, amount of natural industry at

work, the secrets of which the most advanced science can yet give

no account of. Gases, salts, are diffused through the soil and the

atmosphere. Electricity, affinity, the wind, the rain, light, heat,

vegetable life, play successively their parts, often unknown to us,

in transporting, transforming, uniting, dividing, combining these

elements; and this marvellous industry, the activity and utility of

which elude our appreciation and even our imagination, has yet no

‹value›. Value makes its appearance at the first intervention of

the labour of man, who has, in this, more perhaps than in the other

instance we have given, a ‹supplementary› labour to perform, in order

to complete what nature has begun.

To direct these natural forces, and remove the obstacles which impede

their action, man takes possession of an instrument, which is the

soil, and he does so without injury to anyone; for this instrument

had previously no value. This is not a matter of argument, but a

matter of fact. Show me, in any part of the world you choose, land

which has not been subjected directly or indirectly to human action,

and I will show you land destitute of value.[61] [p275]

In the meantime, the agriculturist, in order to effect, in

conjunction with nature, the production of corn, executes two kinds

of labour which are quite distinct. The one kind is applicable

directly and immediately to the crop of the year—is applicable only

to that, and must be paid for by that—such as sowing, weeding,

reaping, etc. The other, as building, clearing, draining, enclosing,

is applicable to an indefinite series of crops, and must be charged

to and spread over a course of years, and calculated according to

the tables of interest and annuities. The crops constitute the

remuneration of the agriculturist if he consumes them himself. If

he exchanges them, it is for services of another kind, and the

appreciation of the services so exchanged constitutes their value.

Now it is easy to see that this class of permanent works executed

by the agriculturist upon the land is a ‹value› which has not yet

received its entire recompense, but which cannot fail to receive

it. It cannot be supposed that he is to throw up his land and allow

another to step into his shoes without compensation. The value has

been incorporated and mixed up with the soil, and this is the reason

why we can with propriety employ a metonymy and say ‹the land has

value›. It has value, in fact, because it can be no longer acquired

without giving in exchange the equivalent for this labour. But what

I contend for is, that this land, on which its natural productive

power had not originally conferred any value, [p276] has no value

yet in this respect. This natural power, which was gratuitous then,

is gratuitous now, and will be always gratuitous. We may say, indeed,

that the land has ‹value›, but when we go to the root of the matter

we find, that what possesses value is the human labour which has

improved the land, and the capital which has been expended on it.

Hence it is rigorously exact to say that the proprietor of the land

is, after all, the proprietor only of a value which he has created,

of services which he has rendered; and what property can be more

legitimate? It is property created at no one’s expense, and neither

intercepts nor taxes the gifts of God.

Nor is this all. The capital which has been advanced, and the

interest of which is spread over the crop of successive years, is so

far from increasing the price of the produce, and forming a burden

on the consumers, that the latter acquire agricultural products

cheaper in proportion as this capital is augmented, that is to say,

in proportion as the value of the soil is increased. I have no doubt

that this assertion will be thought paradoxical and tainted with

exaggerated optimism, so much have people been accustomed to regard

the value of land as a calamity, if not a piece of injustice. For my

own part, I affirm, that it is not enough to say that the value of

the soil has been created at no one’s expense; it is not enough to

say that it injures no one; we should rather say that it benefits

everybody. It is not only legitimate, but advantageous, even to those

who possess no property.

We have here, in fact, the phenomenon of our previous illustration

reproduced. We remarked that from the moment the water-carrier

invented the barrow and the wheel, the purchaser of the water had

to pay for two kinds of labour: 1st, The labour employed in making

the barrow and the wheel, or rather the interest of the capital, and

an annual contribution to a sinking fund to replace that capital

when worn out; 2d, The direct labour which the water-carrier must

still perform. But it is equally true that these two kinds of labour

united do not equal in amount the labour which had to be undergone

before the invention. Why? because a portion of the work has now been

handed over to the gratuitous forces of nature. It is, indeed, in

consequence of this diminution of human labour that the invention has

been called forth and adopted.

All this takes place in exactly the same way in the case of land and

the production of corn. As often as an agriculturist expends capital

in permanent ameliorations, it is certain that the successive crops

are burdened with the interest of that capital. But it is [p277]

equally certain that the other species of labour—rude, unskilled,

present, direct labour—is rendered unnecessary in a still greater

proportion; so that each crop is obtained by the proprietor, and

consequently by the consumer, on easier terms, on less onerous

conditions—the proper action of capital consisting precisely in

substituting natural and gratuitous co-operation for human labour

which must be paid for.

Here is an example of it. In order to obtain a good crop, it is

necessary that the field should be freed from superfluous moisture.

Suppose this species of labour to be still included in the first

category. Suppose that the cultivator goes every morning with a jar

to carry off the stagnant water where it is productive of injury.

It is clear that at the year’s end the land would have acquired no

additional ‹value›, but the price of the grain would be enormously

enhanced. It would be the same in the case of all those who followed

the same process while the art of draining was in this primitive

state. If the proprietor were to make a drain, that moment the

land would acquire ‹value›, for this labour pertains to the second

category—that which is incorporated with the land—and must be

reimbursed by the products of consecutive years; and no one could

expect to acquire the land without recompensing this work. Is it not

true, however, that it would tend to lower the value of the crop?

Is it not true that although during the first year it exacted an

extraordinary exertion, it saves in the long-run more labour than it

has occasioned? Is it not true that the draining thenceforth will be

executed by the gratuitous law of hydrostatics more economically than

it could be by muscular force? Is it not true that the purchasers

of corn will benefit by this operation? Is it not true that they

should esteem themselves fortunate in this new value acquired by

the soil? And, having reference to more general considerations, is

it not true, in fine, that the value of the soil attests a progress

realized, not for the advantage of the proprietor only, but for that

of society at large? How absurd, then, and suicidal in society to

exclaim: The additional price charged for corn, to meet the interest

of the capital expended on this drain, and ultimately to replace that

capital, or its equivalent, as represented in the value of the land,

is a privilege, a monopoly, a theft! At this rate, to cease to be a

monopolist and a thief, the proprietor should have only to fill up

his drain and betake himself to his jar. Would the man who has no

property, and lives by wages, be any gainer by that?

Review all the permanent ameliorations of which the sum total makes

up the value of land, and you will find that to each of them [p278]

the same remark applies. Having filled up the drain, demolish the

fence, and so force the agriculturist to mount guard upon his field;

destroy the well, pull down the barn, dig up the road, burn the

plough, efface the levelling, remove the artificial mould; replace

in the field the loose stones, the weeds, the roots of trees; you

will then have realized the Utopia of Equality. The land, and the

human race along with it, wall have reverted to the primitive state,

and will have no longer any value. The crops will have no longer any

connexion with capital. Their price will be freed from that accursed

element called interest. Everything, literally everything, will be

done by actual labour, visible to the naked eye. Political Economy

will be much simplified. Our country will support a man to the square

league. The rest of her inhabitants will have died of hunger;—but

then it can no longer be said that property is a monopoly, an

injustice, and a theft.

Let us not be insensible, then, to those economic harmonies which

unfold themselves to our view more and more as we analyze the ideas

of exchange, of value, of capital, of interest, of property, of

community.—Will it indeed be given me to describe the entire circle,

and complete the demonstration?—But we have already, perhaps,

advanced sufficiently far to be convinced that the social world, not

less than the material world, bears the impress of a Divine hand,

from which flows wisdom and goodness, and towards which we should

raise our eyes in gratitude and admiration.

I cannot forbear reverting here to the view of this subject taken by

M. Considérant.

Setting out with the proposition, that the soil has a proper value,

independent of all human labour, that it constitutes ‹primitive and

uncreated capital›, he concludes, in perfect consistency with his own

views, that ‹appropriation› is ‹usurpation›. This supposed iniquity

leads him to indulge in violent tirades against the institutions

of modern society. On the other hand, he allows that permanent

ameliorations confer an ‹additional value› on this primitive capital,

an accessory so mixed up with the principal that we cannot separate

them. What are we to do, then? for we have here a total value

composed of two elements, of which one, the fruit of labour, is

legitimate property; and the other, the gift of God, appropriated by

man, is an iniquitous usurpation.

This is no trifling difficulty. M. Considérant resolves it by

reference to the Right to Employment [‹Droit au travail›].

“The development of Mankind evidently demands that the Soil shall

not be left in its wild and uncultivated state. The destiny of the

human race is opposed to property in land retaining ‹its rude and

primitive form›.

“In the midst of forests and savannas, the savage enjoys four

natural rights, [p279] namely, the rights of Hunting, of Fishing,

of Gathering the fruits, of Pasturing. Such is the primitive form of

property in land.

“In all civilized societies, the working-classes, the Prolétaires,

who inherit nothing and possess nothing, are simply despoiled of

these rights. We cannot say that the primitive Right has changed its

form, for it no longer exists. The form and the substance have alike

disappeared.

“Now in what Form can such Rights be reconciled with the conditions

of an industrial Society? The answer is plain:

“In the savage state, in order to avail himself of his Right, man is

‹obliged to act›. The ‹labour› of Fishing, of Hunting, of Gathering,

of Pasturing are the conditions of the exercise of his Right. The

primitive Right, then, is a Right ‹to engage in these employments›.

“Very well, let an industrial Society, which has appropriated the

land, and taken away from man the power of exercising freely and

at will his four natural Rights, let this society cede to the

individual, in compensation for those Rights, of which it had

despoiled him, the ‹Right to Employment›. On this principle, rightly

understood and applied, the individual has no longer any reason to

complain.

“The condition ‹sine quâ non›, then, of the Legitimacy of Property

is, that Society should concede to the Prolétaire—the man who has

no property—the ‹Right to Employment›; and, in exchange for a given

exertion of activity, ‹assure› him of means of subsistence, at

least as adequate as such exercise ‹could› have procured him in the

primitive state.”

I cannot, without being guilty of tiresome repetition, discuss this

question with M. Considérant in all its bearings. If I demonstrate,

that what he terms ‹uncreated capital› is no capital at all;

that what he terms the ‹additional value› of the soil, is not an

additional value, but the ‹total value›; he must acknowledge that

his argument has fallen to pieces, and, with it, all his complaints

of the way in which mankind have judged it proper to live since the

days of Adam. But this controversy would oblige me to repeat all that

I have already said upon the essentially and indelibly gratuitous

character of natural agents.

I shall only remark, that if M. Considérant speaks in behalf of the

non-proprietary class, he is so very accommodating that they may

think themselves betrayed. What! proprietors have usurped the soil,

and all the miracles of vegetation which it displays! they have

usurped the sun, the rain, the dew, oxygen, hydrogen, and azote, so

far at least as these co-operate in the production of agricultural

products—and you ask them to assure to the man who has no property,

as a compensation, at least as much of the means of subsistence, in

exchange for a given exertion of activity, as that exertion could

have procured him in the primitive and savage state!

But do you not see that landed property has not waited for your

injunctions in order to be a million times more generous? for to what

is your demand limited?

In the primitive state, your four rights of fishing, hunting,

gathering the fruits, and pasturing, maintain in existence, or rather

in a state of vegetation, amid all the horrors of destitution, nearly

one man to the square league of territory. The usurpation of the

[p280] land will then be legitimate, according to you, when those

who have been guilty of that usurpation support one man for every

square league, exacting from him at the same time as much activity

as is displayed by a Huron or an Iroquois. Pray remark, that France

consists of only thirty thousand square leagues; that consequently,

if its whole territory supports thirty thousand inhabitants in that

condition of existence which the savage state affords, you renounce

in behalf of the non-proprietary class all farther demands upon

property. Now, there are thirty millions of Frenchmen who have not an

inch of land, and among the number we meet with many—the president of

the republic, ministers, magistrates, bankers, merchants, notaries,

advocates, physicians, brokers, soldiers, sailors, professors,

journalists, etc.—who would certainly not be disposed to exchange

their condition for that of an Ioway. Landed property, then, must

do much more for us than you exact from it. You demand from it the

‹Right to Employment›, up to a certain point—that is to say, until it

yields to the masses—and in exchange for a given amount of labour,

too—as much subsistence as they could earn in a state of barbarism.

Landed property does much more than that—it gives more than the Right

to employment—it gives Employment itself, and did it only clear the

land-tax, it would do a hundred times more than you ask it to do.

I find to my great regret that I have not yet done with landed

property and its value. I have still to state, and to refute, in

as few words as possible, an objection which is specious and even

formidable.

It is said,

“Your theory is contradicted by facts. Undoubtedly, as long as there

is in a country abundance of uncultivated land, the existence of

such land will of itself hinder the cultivated land from acquiring

an undue value. It is also beyond doubt, that even when all the land

has passed into the appropriated domain, if neighbouring nations have

extensive tracts ready for the plough, freedom of trade is sufficient

to restrain the value of landed property within just limits. In these

two cases it would seem that the Price of land can only represent the

capital advanced, and the Rent of land the interest of that capital.

Whence we must conclude, as you do, that the proper action of the

soil and the intervention of natural agents, going for nothing,

and not influencing the value of the crops, remain gratuitous, and

therefore common. All this is specious. We may have difficulty in

discovering the error, and yet this reasoning is erroneous. In order

to be convinced of it, it [p281] is sufficient to point to the fact,

that there are in France cultivated lands which are worth from 100

francs to 6000 francs the hectare, an enormous difference, which is

much easier explained by the difference of fertility than by the

difference of the anterior labour applied to these lands. It is vain

to deny, then, that fertility has its own value, for not a sale

takes place which does not attest it. Every one who purchases a land

estate examines its quality, and pays for it accordingly. If, of two

properties which lie alongside each other, the one consists of a

rich alluvium, and the other of barren sand, the first is surely of

more value than the second, although both may have absorbed the same

capital, and to say truth, the purchaser gives himself no trouble

on that score. His attention is fixed upon the future, and not upon

the past. What he looks at is not what the land has cost, but what

it will yield, and he knows that its yield will be in proportion to

its fertility. Then this fertility has a proper and intrinsic value

which is independent of all human labour. To maintain the contrary is

to endeavour to base the legitimacy of individual appropriation on a

subtilty, or rather on a paradox.”

Let us inquire, then, what is the true foundation of the value of

land.

I pray the reader not to forget that this question is of grave

importance at the present moment. Hitherto it has been neglected or

glossed over by Economists, as a question of mere curiosity. The

legitimacy of individual appropriation was not formerly contested,

but this is no longer the case. Theories which have obtained but too

much success have created doubts in the minds of our best thinkers on

the institution of property. And upon what do the authors of these

theories found their complaints? Why, exactly upon the assertion

contained in the objection which I have just explained—upon the

fact, unfortunately admitted by all schools, that the soil, by

reason of its fertility, possesses an inherent value communicated to

it by nature and not by human means. Now value is not transferred

gratuitously. The very word excludes the idea of gratuitousness. We

say to the proprietor, then—you demand from me a value which is the

fruit of my labour, and you offer me in exchange a value which is not

the fruit of your labour, or of any labour, but of the liberality of

nature.

Be assured that this would be a fearful complaint were it well

founded. It did not originate with Messieurs Considérant and

Proudhon. We find it in the works of Smith, of Ricardo, of Senior, of

all the Economists without exception, not as a theory [p282] merely,

but as a subject of complaint. These authors have not only attributed

to the soil an extra-human value, they have boldly deduced the

consequence, and branded landed property as a privilege, a monopoly,

a usurpation. No doubt, after thus branding it, they have defended it

on the plea of ‹necessity›. But what does such a defence amount to,

but an error of reasoning which the Communist logicians have lost no

time in rectifying?

It is not, then, to indulge an unhappy love for subtilties that I

enter on this delicate subject. I should have wished to save both the

reader and myself the ennui which even now I feel hovering over the

conclusion of this chapter.

The answer to the objection now under consideration is to be found in

the theory of Value, explained in the ‹fifth› chapter of this work. I

there said that value does not essentially imply labour; still less

is it necessarily proportionate to labour. I have shown that the

foundation of value is not so much the ‹pains taken› by the person

who transfers it as the ‹pains saved› to the person who receives it;

and it is for that reason that I have made it to reside in something

which embraces these two elements—in ‹service›. I have said that a

person may render a great service with very little effort, or that

with a great effort one may render a very trifling service. The sole

result is, that labour does not obtain necessarily a remuneration

which is always in proportion to its intensity, in the case either of

man in an isolated condition, or of man in the social state.

Value is determined by a bargain between two contracting parties. In

making that bargain, each has his own views. You offer to sell me

corn. What matters it to me the time and pains it may have cost you

to produce it? What I am concerned about is the time and pains it

would have cost me to procure it from another quarter. The knowledge

you have of my situation may render you more or less exacting; the

knowledge I have of yours may render me more or less anxious to make

the purchase. There is no necessary measure, then, of the recompense

which you are to derive from your labour. That depends upon the

circumstances, and the value which these circumstances confer upon

the two services which we are desirous to exchange. By-and-by we

shall call attention to an external force called Competition,

whose mission is to regulate values, and render them more and more

proportional to efforts. Still this proportion is not of the essence

of value, seeing that the proportion is established under the

pressure of a contingent fact.

Keeping this in view, I maintain that the value of land arises,

fluctuates, and is determined, like that of gold, iron, water, the

[p283] lawyer’s advice, the physician’s consultation, the singer’s

or dancer’s performance, the artist’s picture—in short, like all

other values; that it is subject to no exceptional laws; that it

constitutes a property the same in origin, the same in nature, and

as legitimate, as any other property. But it does not at all follow,

as you must now see, that, of two exertions of labour applied to the

soil, one should not be much better remunerated than the other.

Let us revert again to that industry, the most simple of all, and the

best fitted to show us the delicate point which separates the onerous

labour of man from the gratuitous co-operation of nature. I allude to

the humble industry of the water-carrier.

A man procures and brings home a barrel of water. Does he become

possessed of a value necessarily proportionate to his labour? In that

case, the value would be independent of the service the water may

render. Nay more, it would be fixed; for the labour, once over, is no

longer susceptible of increase or diminution.

Well, the day after he procures and brings home this barrel of water,

it may lose its value, if, for example, it has rained during the

night. In that case every one is provided—the water can render no

service, and is no longer wanted. In economic language, it has ceased

to be in demand.

On the other hand, it may acquire considerable value, if

extraordinary wants, unforeseen and pressing, come to manifest

themselves.

What is the consequence? that man, working for the future, is not

exactly aware beforehand what value the future will attach to his

labour. Value incorporated in a material object will be higher or

lower, according as it renders more or less service, or, to express

it more clearly, human labour, which is the source of value, receives

according to circumstances a higher or lower remuneration. Such

eventualities are an exercise for foresight, and foresight also has a

right to remuneration.

But what connexion is there, I would ask, between these fluctuations

of value, between these variations in the recompense of labour, and

that marvellous natural industry, those admirable physical laws,

which without our participation have brought the water of the ocean

to the spring? Because the value of this barrel of water varies

according to circumstances, are we to conclude that nature charges

sometimes more, sometimes less, sometimes nothing at all, for

evaporation, for carrying the clouds from the ocean to the mountains,

for freezing, melting, and the whole of that admirable industry which

supplies the spring? [p284]

It is exactly the same thing in the case of agricultural products.

The value of the soil, or rather of the capital applied to the soil,

is made up not of one element but of two. It depends not only on the

labour which has been employed, but also on the ability which society

possesses to remunerate that labour—on Demand as well as on Supply.

Take the case of a field. Not a year passes, perhaps, in which

there is not some labour bestowed upon it, the effects of which are

permanent, and of course an increase of value is the result.

Roads of access, besides, are improved and made more direct, the

security of person and property becomes more complete, markets are

extended, population increases in number and in wealth—different

systems of culture are introduced, and a new career is opened to

intelligence and skill; the effect of this change of medium, of this

general prosperity, being to confer additional value on both the

present and the anterior labour, and consequently on the field.

There is here no injustice, no exception in favour of landed

property. No species of labour, from that of the banker to that of

the day-labourer, fails to exhibit the same phenomenon. No one fails

to see his remuneration improved by the improvement of the society

in which his work is carried on. This action and reaction of the

prosperity of each on the prosperity of all, and ‹vice versa›, is the

very law of value. So false is the conclusion which imputes to the

soil and its productive powers an imaginary value, that intellectual

labour, professions and trades which have no connexion with matter or

the co-operation of physical laws, enjoy the same advantage, which in

fact is not exceptional but universal. The lawyer, the physician, the

professor, the artist, the poet, receive a higher remuneration for

an equal amount of labour, in proportion as the town or country to

which they belong increases in wealth and prosperity, in proportion

as the taste or demand for their services becomes more generally

diffused, in proportion as the public is more able and more willing

to remunerate them. The acquisition of clients and customers is

regulated by this principle. It is still more apparent in the case of

the Basque Giant and Tom Thumb, who lived by the simple exhibition

of their exceptional stature, and reap a much better harvest, from

the curiosity of the numerous and wealthy crowds of our large towns,

than from that of a few poor and straggling villagers. In this case,

demand not only enhances value, it creates it. Why, then, should

we think it exceptional or unjust that demand should also exert an

influence on the value of land and of agricultural products? [p285]

Is it alleged that land may thus attain an exaggerated value? They

who say so have never reflected on the immense amount of labour

which arable land has absorbed. I dare affirm, that there is not a

field in this country which ‹is worth› what it has cost, which could

be exchanged for as much labour as has been expended in bringing

it to its present state of productiveness. If this observation is

well founded, it is conclusive. It frees landed property from the

slightest taint of injustice. For this reason, I shall return to the

subject when I come to examine Ricardo’s theory of Rent, and I shall

show that we must apply to agricultural capital the law which I have

stated in these terms: In proportion as capital increases, products

are divided between capitalists or proprietors and labourers, in such

a way that the ‹relative› share of the former goes on continually

diminishing, although their ‹absolute› share is increased, whilst the

share of the latter is increased both absolutely and relatively.

The illusion which has induced men to believe that the productive

powers of the soil have an independent value, because they possess

Utility, has led to many errors and catastrophes. It has driven them

frequently to the premature establishment of colonies, the history

of which is nothing else than a lamentable martyrology. They have

reasoned in this way: In our own country we can obtain value only

by labour, and when we have done our work, we have obtained a value

which is only proportionate to our labour. If we emigrate to Guiana,

to the banks of the Mississippi, to Australia, to Africa, we shall

obtain possession of vast territories, uncultivated but fertile; and

our reward will be, that we shall become possessed not of the value

we have created, but also of the inherent and independent value of

the land we may reclaim. They set out, and a cruel experience soon

confirms the truth of the theory which I am now explaining. They

labour, they clear, they exhaust themselves; they are exposed to

privations, to sufferings, to diseases; and then if they wish to

dispose of the land which they have rendered fit for production, they

cannot obtain for it what it has cost them, and they are forced to

acknowledge that value is of human creation. I defy you to give me

an instance of the establishment of a colony which has not at the

beginning been attended with disaster.

“Upwards of a thousand labourers were sent out to the Swan River

Colony; but the extreme cheapness of land (eighteenpence, or less

than two francs, an acre) and the extravagant rate of wages,

afforded them such facilities and inducements to become landowners,

that capitalists could no longer get any one to cultivate their

lands. A capital of £200,000 (five millions of francs) was lost

in consequence, and the colony became a scene of desolation. The

labourers having left their employers from the delusive desire

to become landowners, agricultural implements were allowed to

rust—seeds rotted—and sheep, cattle, and horses perished for

want of attention. A frightful famine [p286] cured the labourers

of their infatuation, and they returned to ask employment from

the capitalists; but it was too late.”—‹Proceedings of the South

Australian Association.›

The association, attributing this disaster to the cheapness of

land, raised its price to 12s. an acre. But, adds Carey, from whom

I borrow this quotation, the real cause was, that the labourers,

being persuaded that land possesses an ‹inherent› value, apart from

the labour bestowed on it, were anxious to exercise “the power of

appropriation,” to which the power to demand Rent is attributed.

What follows supplies us with an argument still more conclusive:

“In 1836, the landed estates in the colony of Swan River were to be

purchased from the original settlers at one shilling an acre.”—‹New

Monthly Magazine.›

Thus the land which was sold by the company at 12s.—upon which the

settlers had bestowed much labour and money—was disposed of by them

at one shilling! What then became of the value of ‹the natural and

indestructible productive powers of the soil›?[62]

I feel that the vast and important subject of the Value of Land has

not been exhausted in this chapter, written by snatches and amid many

distractions. I shall return to it hereafter; but in the meantime

I cannot resist submitting one observation to my readers, and more

especially to Economists.

The illustrious ‹savants› who have done so much to advance

the science, whose lives and writings breathe benevolence and

philanthropy, and who have disclosed to us, at least in a certain

aspect, and within the limits of their researches, the true solution

of the social problem—the Quesnays, the Turgots, the Smiths, the

Malthuses, the Says—have not however escaped, I do not say from

refutation, for that is always legitimate, but from calumny,

disparagement, and insult. To attack their writings, and even their

motives, has become fashionable. It may be said, perhaps, that in

this chapter I am furnishing arms to their detractors, and truly

the moment would be ill chosen for me to turn against those whom I

candidly acknowledge as my initiators, my masters, and my guides.

But supreme homage is, after all, due to Truth, or what I regard as

Truth. No book was ever written without some admixture of error.

Now, a single error in Political Economy, if we press it, torture

it, deduce from it rigorously its logical consequences, involves

all kinds of errors—in fact, lands us in chaos. There never was a

book from which we could not extract one proposition, isolated,

incomplete, false, including consequently a whole world [p287]

of errors and confusion. In my conscience, I believe that the

definition which the Economists have given of the word ‹Value› is of

this number. We have just seen that this definition has led them to

cast a serious doubt on the legitimacy of property in land, and, by

consequence, in capital; and they have only been stopped short on

this fatal road by an inconsistency. This inconsistency has saved

them. They have resumed their march on the road of Truth; and their

error, if it be one, is, in their works, an isolated blot. Then the

Socialists have come to lay hold of this false definition, not to

refute it, but to adopt it, strengthen it, make it the foundation

of their propaganda, and deduce from it all its consequences. Hence

has arisen in our day an imminent social danger; and it is for that

reason that I have thought it my duty to be explicit on this subject,

and trace the erroneous theory to its source. If you conclude that I

have separated myself from my masters Smith and Say, from my friends

Blanqui and Garnier, because, by an oversight in their learned and

admirable works, they have made, as I think, an erroneous application

of the word ‹value›; if you conclude from this that I have no longer

faith in Political Economy and Political Economists, I can only

protest, and appeal to the very title of the present volume. [p288]

X.

COMPETITION.

There is not in the whole vocabulary of Political Economy a word

which has roused the fury of modern reformers so much as the word

‹Competition›, which, in order to render it the more odious, they

never fail to couple with the epithet ‹anarchical›.

What is the meaning of ‹anarchical competition›? I really don’t know.

What could we substitute for it? I am equally ignorant.

I hear people, indeed, calling out ‹Organization! Association!›

What does that mean? Let us come to an understanding, once for all.

I desire to know what sort of authority these writers intend to

exercise over me, and all other living men; for I acknowledge only

one species of authority, that of reason, if indeed they have it

on their side. Is it their wish then to deprive me of the right of

exercising my judgment on what concerns my own subsistence? Is their

object to take from me the power of comparing the services which I

render with those which I receive? Do they mean that I should act

under the influence of restraint, exerted over me by them and not

by my own intelligence? If they leave me my liberty, Competition

remains. If they deprive me of freedom, I am their slave. Association

will be ‹free and voluntary›, they say. Be it so. But then each

group of associates will, as regards all other groups, be just what

individuals now are in relation to each other, and we shall still

have ‹Competition›. The association will be ‹integral›. A good joke

truly. What! Anarchical Competition is now desolating society, and

we must wait for a remedy, until, by dint of your persuasion, all

the nations of the earth—Frenchmen, Englishmen, Chinese, Japanese,

Caffres, Hottentots, Laplanders, Cossacks, Patagonians—make up

their minds to unite in one of the forms of association which

you have devised? Why, this is just to avow that competition is

indestructible; and will you venture to say that a phenomenon which

[p289] is indestructible, and consequently providential, can be

mischievous?

After all, what is Competition? Is it a thing which exists and is

self-acting like the cholera? No, Competition is only the absence of

constraint. In what concerns my own interest, I desire to choose for

myself, not that another should choose for me, or in spite of me—that

is all. And if any one pretends to substitute his judgment for mine

in what concerns me, I should ask to substitute mine for his in what

concerns him. What guarantee have we that things would go on better

in this way? It is evident that Competition is Liberty. To take away

the liberty of acting is to destroy the possibility, and consequently

the power, of choosing, of judging, of comparing; it is to annihilate

intelligence, to annihilate thought, to annihilate man. From whatever

quarter they set out, to this point all modern reformers tend—to

ameliorate society they begin by annihilating the individual, under

the pretext that all evils come from this source—as if all good did

not come from it too.

We have seen that services are exchanged for services. In reality,

every man comes into the world charged with the responsibility of

providing for his satisfactions by his efforts. When another man

saves us an effort, we ought to save him an effort in return. He

imparts to us a satisfaction resulting from his effort; we ought to

do the same for him.

But who is to make the comparison? for between these efforts, these

pains, these services exchanged, there is necessarily a comparison

to be made, in order to arrive at equivalence, at justice;—unless

indeed injustice, inequality, chance, is to be our rule, which would

just be another way of putting human intelligence ‹hors de cause›.

We must, then, have a judge; and who is this judge to be? Is it

not quite natural that in every case wants should be judged of by

those who experience them, satisfactions by those who seek them,

efforts by those who exchange them? And is it seriously proposed to

substitute for this universal vigilance of the parties interested,

a social authority (suppose that of the reformer himself), charged

with determining in all parts of the world the delicate conditions

of these countless acts of interchange? Do you not see that this

would be to set up the most fallible, the most universal, the most

arbitrary, the most inquisitorial, the most insupportable—we are

fortunately able to add, the most impossible—of all despotisms ever

conceived in the brain of pasha or mufti?

It is sufficient to know that Competition is nothing else than

[p290] the absence of an arbitrary authority as judge of exchanges,

in order to be satisfied that it is indestructible. Illegitimate

force may no doubt restrain, counteract, trammel the liberty of

exchanging, as it may the liberty of walking; but it can annihilate

neither the one nor the other without annihilating man. This being

so, it remains for us to inquire whether Competition tends to the

happiness or misery of mankind; a question which amounts to this,—Is

the human race naturally progressive, or are its tendencies fatally

retrograde?

I hesitate not to say that Competition, which, indeed, we might

denominate Liberty, despite the repulsion which it excites, despite

the declamations to which it has given rise, is a law which is

democratical in its essence. Of all the laws to which Providence has

confided the progress of human society, it is the most progressive,

levelling, and ‹communautaire›. It is this law which brings

successively into the ‹common› domain the use and enjoyment of

commodities which nature has accorded gratuitously only to certain

countries. It is this law, again, which brings into the ‹common›

domain all the conquests which the genius of each age bequeaths to

succeeding generations, leaving them only supplementary labours to

execute, which last they continue to exchange with one another,

without succeeding, as they desire, in obtaining a recompense for

the co-operation of natural agents; and if these labours, as happens

always in the beginning, possess a value which is not proportionate

to their intensity, it is still Competition which, by its incessant

but unperceived action, restores an equilibrium which is sanctioned

by justice, and which is more exact than any that the fallible

sagacity of a human magistracy could by possibility establish. Far

from Competition leading to inequality, as has been erroneously

alleged, we may assert that all ‹factitious› inequality is imputable

to its absence; and if the gulf between the Grand Lama and a Paria is

more profound than that which separates the President from an artisan

of the United States, the reason is this, that Competition (or

Liberty), which is curbed and put down in Asia, is not so in America.

This is the reason why, whilst the Socialists see in Competition

the source of all that is evil, we trace to the attacks which have

been made upon it the disturbance of all that is good. Although this

great law has been misunderstood by the Socialists and their adepts;

although it is frequently harsh in its operation, no law is more

fertile in social harmonies, more beneficent in general results;

no law attests more brilliantly the measureless superiority of the

designs of God over the vain and powerless combinations of men.

[p291]

I must here remind the reader of that singular but unquestionable

result of the social order to which I have already invited his

attention,[63] and which the power of habit hides too frequently from

our view. It is this, ‹that the sum total of satisfactions which

falls to each member of society is much superior to those which he

could procure for himself by his own efforts›. In other words, there

is an evident disproportion between our consumption and our labour.

This phenomenon, which all of us can easily verify, if we turn our

regards upon ourselves, ought, it seems to me, to inspire some

gratitude to society, to which we owe it.

We come into this world destitute of everything, tormented with

numerous wants, and provided with nothing but faculties to enable

us to struggle against them. ‹A priori›, it would seem that all we

could expect would be to obtain satisfactions proportionate to our

labour. If we obtain more, infinitely more, to what do we owe the

excess? Precisely to that natural organization against which we are

constantly declaiming, when we are not engaged in seeking to subvert

it.

In itself the phenomenon is truly extraordinary. That certain men

consume more than they produce is easily explained, if in one way

or other they usurp the rights of other people—if they receive

services without rendering them. But how can that be true of all men

at the same time? How happens it that, after having exchanged their

services without constraint, without spoliation, upon a footing of

‹equivalence›, each man can say to himself with truth, I consume in a

day more than I could produce in a century?

The reader has seen that the additional element which resolves the

problem is the co-operation of natural agents, constantly becoming

more and more effective in the work of production; it is gratuitous

utility falling continually into the domain of ‹Community›; it is the

labour of heat and of cold, of light, of gravitation, of affinity, of

elasticity, coming progressively to be added to the labour of man,

diminishing the value of services by rendering them more easy.

I must have but feebly explained the theory of ‹value› if the reader

imagines that value diminishes immediately and of its own accord,

by the simple fact of the co-operation of natural forces, and the

relief thereby afforded to human labour. It is not so; for then we

might say with the English Economists that value is proportional

to labour. The man who is aided by a natural and gratuitous force

renders his services more easily; but he does not [p292] on that

account renounce voluntarily any portion whatever of his accustomed

remuneration. To induce him to do that, external coercion—pressure

from without—severe but not unjust pressure—is necessary. It is

Competition which exerts this pressure. As long as Competition does

not intervene, as long as the man who has availed himself of a

natural agent preserves his secret, that natural agent is gratuitous,

but it is not yet ‹common›. The victory has been gained, but to the

profit only of a single man, or a single class. It is not yet a

benefit to mankind at large. No change has yet taken place, except

that one description of ‹services›, although partly relieved from the

pain of muscular exertion, still exacts all its former remuneration.

We have, on the one hand, a man who exacts from all his fellows the

same amount of labour as formerly, although he offers them a limited

amount of his own labour in return. On the other, we have mankind at

large, who are still obliged to make the same sacrifice of time and

of labour in order to obtain a product now realized in part by nature.

Were things to remain in this state, a principle of indefinite

inequality would be introduced into the world with every new

invention. Not only could we not say that value is proportional to

labour; we could not even say that value tends to become proportional

to labour. All that we have said in the preceding chapters about

‹gratuitous utility› and ‹progressive community› would be chimerical.

It would not be true that services are exchanged against services,

in such a way that the gifts of God are transferred gratuitously

from one man to another, down to the ultimate recipient, who is the

consumer. Each would continue to be paid, not only for his labour,

but for the natural forces which he had once succeeded in setting

to work; in a word, society would be constituted on the principle

of universal Monopoly, in place of on the principle of progressive

Community.

But it is not so. God, who has bestowed on all His creatures heat,

light, gravitation, air, water, the soil, the marvels of vegetable

life, electricity, and countless other benefits which it is beyond

my power to enumerate,—God, who has placed in the human breast the

feeling of ‹personal interest›, which, like a magnet, attracts

everything to itself,—God, I say, has placed also in the bosom of

society another spring of action, which He has charged with the care

of preserving to His benefits their original destination, which was,

that they should be gratuitous and common. This spring of action is

Competition.

Thus, Personal Interest is that irrepressible force belonging to the

individual which urges us on to progress and discovery, which [p293]

spurs us on to exertion, but leads also to monopoly. Competition is

that force belonging to the species which is not less irrepressible,

and which snatches progress, as it is realized, from individual

hands, and makes it the common inheritance of the great family of

mankind. These two forces, in each of which, considered individually,

we might find something to blame, thus constitute social Harmony, by

the play of their combinations, when regarded in conjunction.

And we may remark, in passing, that we ought not to be at all

surprised that the individual interests of men, considered as

producers, should from the beginning have risen up against

Competition, should have rebuked it, and sought to destroy it—calling

in for this purpose the assistance of force, fraud, privilege,

sophistry, monopoly, restriction, legislative protection, etc. The

morality of the means shows us clearly enough the morality of the

end. But the astonishing and melancholy thing is, that science

herself—false science, it is true—propagated with so much zeal by

the socialist schools, in the name of philanthropy, equality, and

fraternity, should have espoused the cause of Individualism, in its

narrowest and most exclusive manifestation, and should have deserted

the cause of humanity.

Harmonies of Political Economy Translated from the Third French Edition, with a Notice of the Life and Writings of the Author · 第 21 / 157 题