FREE BOOKS

Author's List




PREV.   NEXT  
|<   19   20   21   22   23   24   25   26   27   28   29   30   31   32   33   34   35   36   37   38   39   40   41   42   43  
44   45   46   47   48   49   50   51   52   53   54   55   56   57   58   59   60   61   62   63   64   65   66   67   68   >>   >|  
nature has in a mineralogical point of view conferred upon Cornwall. 5. _Countries least favored by nature (countries not yet cleared of forests, for example) are those which profit most by mutual exchange._ The protectionists may suppose me in a paradoxical humor, for I go further still. I say, and I sincerely believe, that if any two countries are placed in unequal circumstances as to advantages of production, _the one of the two which is the less favored by nature, will gain more by freedom of commerce_. To prove this, I will be obliged to turn somewhat aside from the form of reasoning which belongs to this work. I will do so, however; first, because the question in discussion turns upon this point; and again, because it will give me the opportunity of exhibiting a law of political economy of the highest importance, and which, well understood, seems to me to be destined to lead back to this science all those sects which, in our days, are seeking in the land of chimeras that social harmony which they have been unable to discover in nature. I speak of the law of consumption, which the majority of political economists may well be reproached with having too much neglected. Consumption is the _end_, the final cause of all the phenomena of political economy, and, consequently, in it is found their final solution. No effect, whether favorable or unfavorable, can be vested permanently in the producer. His advantages and disadvantages, derived from his relations to nature and to society, both pass gradually from him; and by an almost insensible tendency are absorbed and fused into the community at large--the community considered as consumers. This is an admirable law, alike in its cause and its effects; and he who shall succeed in making it well understood, will have a right to say, "I have not, in my passage through the world, forgotten to pay my tribute to society." Every circumstance which favors the work of production is of course hailed with joy by the producer, for its _immediate effect_ is to enable him to render greater services to the community, and to exact from it a greater remuneration. Every circumstance which injures production, must equally be the source of uneasiness to him; for its _immediate effect_ is to diminish his services, and consequently his remuneration. This is a fortunate and necessary law of nature. The immediate good or evil of favorable or unfavorable circumstances must fall upon the p
PREV.   NEXT  
|<   19   20   21   22   23   24   25   26   27   28   29   30   31   32   33   34   35   36   37   38   39   40   41   42   43  
44   45   46   47   48   49   50   51   52   53   54   55   56   57   58   59   60   61   62   63   64   65   66   67   68   >>   >|  



Top keywords:

nature

 
production
 

political

 
effect
 

community

 

advantages

 
circumstances
 

producer

 

understood

 

economy


society

 
services
 

greater

 

remuneration

 

favored

 

countries

 

favorable

 
circumstance
 

unfavorable

 

phenomena


insensible

 

vested

 

tendency

 

disadvantages

 

derived

 
solution
 
permanently
 

relations

 
gradually
 

enable


render
 

injures

 

hailed

 

tribute

 
favors
 

equally

 

source

 

uneasiness

 
diminish
 

fortunate


forgotten

 
consumers
 

admirable

 

considered

 

effects

 
passage
 

Consumption

 
making
 

succeed

 

absorbed