[Sophisms of the Protectionists by Frederic Bastiat]@TWC D-Link bookSophisms of the Protectionists PART II 170/174
A momentary disarrangement necessarily accompanies all progress.
This may be a reason for making the transition a gentle one, but not for systematically interdicting all progress, and still less for misunderstanding it. They represent industry to us as a conflict.
This is not true; or is true only when you confine yourself to considering each branch of industry in its effects on some similar branch--in isolating both, in the mind, from the rest of humanity.
But there is something else; there are its effects on consumption, and the general well-being. This is the reason why it is not allowable to assimilate labor to war as they do. In war, _the strongest overwhelms the weakest_. In labor, _the strongest gives strength to the weakest_.
This radically destroys the analogy. Though the English are strong and skilled; possess immense invested capital, and have at their disposal the two great powers of production, iron and fire, all this is converted into the _cheapness_ of the product; and who gains by the cheapness of the product ?--he who buys it. It is not in their power to absolutely annihilate any portion of our labor.
<<Back Index Next>> D-Link book Top TWC mobile books
|