The Virtues of Capitalism, the first volume in Liberty Fund’s The Collected Works of Arthur Seldon, lays the foundation of his views and theories of capitalism and its alternatives. The first part,...
"In the fifth volume of The Collected Works of Arthur Seldon, Arthur Seldon uses public choice economics research to support his theory of over-government. The term "over-government" was coined by...
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Автор(и) : Frédéric Bastiat
Издател : Simon & Brown
Място на издаване : Hollywood, FL, USA
Година на издаване : 2010
ISBN : 978-1-936041-18-3
Брой страници : 86
Език : английски
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The Law, original French title La Loi, is a 1850 book by Frederic Bastiat. It was written at Mugron two years after the third French Revolution of 1848 and a few months before his death of tuberculosis at age 49. The essay was influenced by John Locke's Second Treatise on Governmentand in turn influenced Henry Hazlitt's Economics in One Lesson. It is the work for which Bastiat is most famous along with The candlemaker's petition and the Parable of the broken window.
In The Law, Bastiat states that "each of us has a natural right — from God — to defend his person, his liberty, and his property". The State is a "substitution of a common force for individual forces" to defend this right. The law becomes perverted when it punishes one's right to self-defense in favor of another's acquired right to plunder.
Bastiat defines two forms of plunder: "stupid greed and false philanthropy". Stupid greed is "protective tariffs, subsidies, guaranteed profits" and false philanthropy is "guaranteed jobs, relief and welfare schemes, public education, progressive taxation, free credit, and public works". Monopolism and Socialism are legalized plunder which Bastiat emphasizes is legal but not legitimate.
Justice has precise limits but philanthropy is limitless and government can grow endlessly when that becomes its function. The resulting statism is "based on this triple hypothesis: the total inertness of mankind, the omnipotence of the law, and the infallibility of the legislator". The relationship between the public and the legislator becomes "like the clay to the potter". Bastiat says, "I do not dispute their right to invent social combinations, to advertise them, to advocate them, and to try them upon themselves, at their own expense and risk. But I do dispute their right to impose these plans upon us by law—by force—and to compel us to pay for them with our taxes".
Anyone building a personal library of liberty must include in it a copy of Frédéric Bastiat’s classic essay, “The Law.” First published in 1850 by the great French economist and journalist, it is as clear a statement as has ever been made of the original American ideal of government, as proclaimed in the Declaration of Independence, that the main purpose of any government is the protection of the lives, liberties, and property of its citizens. Bastiat believed that all human beings possessed the God-given, natural rights of “individuality, liberty, property.” “This is man,” he wrote. These “three gifts from God precede all human legislation.” But even in his time—writing in the late 1840s—Bastiat was alarmed over how the law had been “perverted” into an instrument of what he called legal plunder. Far from protecting individual rights, the law was increasingly used to deprive one group of citizens of those rights for the benefit of another group, and especially for the benefit of the state itself. He condemned the legal plunder of protectionist tariffs, government subsidies of all kinds, progressive taxation, public schools, government “jobs” programs, minimum wage laws, welfare, usury laws, and more.
Bastiat’s warnings of the dire effects of legal plunder are as relevant today as they were the day he first issued them. The system of legal plunder (which many now celebrate as “democracy”) will erase from everyone’s conscience, he wrote, the distinction between justice and injustice. The plundered classes will eventually figure out how to enter the political game and plunder their fellow man. Legislation will never be guided by any principles of justice, but only by brute political force. The great French champion of liberty also forecast the corruption of education by the state. Those who held “government-endowed teaching positions,” he wrote, would rarely criticize legal plunder lest their government endowments be ended.
Frédéric Bastiat was born in Bayonne in 1801, and died in Rome in 1850. He spent the better part of his last years in Paris, as the editor of "Le Journal des Economistes", and from 1848, as a member of Parliament. As an economist, gifted with a very clear mind and a devastating sense of humor, he renewed the Economic science of his time by developing it from the standpoint of the consumer, i.e. the people. He was the tireless apostle of freedom of exchange and freedom of choice by individuals, without constraints or subsidies. His works are as fresh and relevant today as they were 150 years ago, and his numerous predictions about the evolution of Institutions and Societies have invariably come true. As a philosopher, he was the precursor of many present day Libertarians, building normative ethics on the foundations of individual liberty and responsibility. As a local judge, he was a paragon of efficiency and equity. As a politician with a great foresight, he was an advocate of minimum government, and fought against the indefinite extension of public expenditure. He criticized colonial expeditions and slavery. He argued for the separation of powers, for preventing MPs from being ministers at the same time, and for limiting the number of civil servants in the Assembly. He was for a greater participation of women in politics. His major writings are “The Law”, “The State”, “Economic Sophisms”, “What Is Seen And What Is Not Seen”, “Economic Harmonies”. They have been translated into many languages.
Личен сайт: http://bastiat.net/en/; http://bastiat.org/
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