[Sophisms of the Protectionists by Frederic Bastiat]@TWC D-Link book
Sophisms of the Protectionists

PART IV
60/67

The inevitable result will be the death of nine hundred human beings.

It is clear, then, that since nine hundred and ninety men, urged by want, will crowd upon the supports which would only maintain a hundred, the ten capitalists will be masters of the market.

They will obtain labor on the hardest conditions, for they will put it up to auction, or the highest bidder.

And observe this--if these capitalists entertain such pious sentiments as would induce them to impose personal privations on themselves, in order to diminish the sufferings of some of their brethren, this generosity, which attaches to morality, will be as noble in its principle as useful in its effects.

But if, duped by that false philosophy which persons wish so inconsiderately to mingle with economic laws, they take to remunerating labor largely, far from doing good, they will do harm.


<<Back  Index  Next>>

D-Link book Top

TWC mobile books