Laissez-faire
Rev. A. C. Auchmuty: Gems from George, a themed
collection of excerpts from the writings of Henry
George (with links to sources)
DWARFED into mere revenue reform the harmony and
beauty of free trade are hidden; its moral force is lost;
its power to remedy social evils cannot be shown, and the
injustice and meanness of protection cannot be arraigned.
The "international law of God" becomes a mere fiscal
question which appeals only to the intellect and not to
the heart, to the pocket and not to the conscience, and
on which it is impossible to arouse the enthusiasm that
is alone capable of contending with powerful interests.
— Protection or Free Trade — Chapter
29: Practical Politics -
econlib
THEY [the Physiocrats) were — what the so-called
"English free-traders" who have followed Adam Smith never
yet have been — free traders in the full sense of
the term. In their practical proposition, the single tax,
they proposed the only means by which the free trade
principle can ever be carried to its logical conclusion
— the freedom not merely of trade but of all other
forms and modes of production, with full freedom of
access to the natural element which is essential to all
production. They were the authors of the motto that in
the English use of the phrase "Laissez faire!" "Let
things alone," has been so emasculated and perverted, but
which on their lips was "Laissez faire, laissez aller!"
"Clear the ways and let things alone." This is said to
come from the cry that in medieval tournaments gave the
signal for combat, The English motto which I take to come
closest to the spirit of the French phrase is, "A fair
field and no favor!" — The Science of Political
Economy
HERE is a traveler who, beset by robbers, has been left
bound, blindfolded, and gagged. Shall we stand in a knot
about him and discuss whether to put a piece of
court-plaster on his cheek or a new patch on his coat, or
shall we dispute with each other as to what road he ought
to take, and whether a bicycle, a tricycle, a horse and
wagon, or a railway, would best help him on? Should we
not rather postpone such discussion until we have cut the
man's bonds? Then he can see for himself, speak for
himself, and help himself. Though with a scratched cheek
and a torn coat, he may get on his feet, and if he cannot
find a conveyance to suit him, he will at least be free
to walk.
Very much like such a discussion is a good deal of that
now going on over "the social problem" — a
discussion in which all sorts of inadequate and
impossible schemes are advocated to the neglect of the
simple plan of removing restrictions and giving Labor the
use of its powers. — Protection or Free
Trade — Chapter 28: Free Trade and Socialism -
econlib -|- abridged
... go to "Gems from
George"
Dan Sullivan: Are you
a Real Libertarian, or a ROYAL Libertarian?
The English free-trader Cobden remarked that "you
who free the land will do more for the people than we who
have freed trade." Indeed, how can anyone speak of free
trade when the trader has to pay tribute to some favored
land-entitlement holder in order to do business?
This imperfect policy of
non-intervention, or laissez-faire, led straight to a
most hideous and dreadful economic exploitation;
starvation wages, slum dwelling, killing hours,
pauperism, coffin-ships, child-labour -- nothing like it
had ever been seen in modern times ... People began to
say, if this is what State abstention comes to, let us
have some State intervention.
But the state had
intervened; that was the whole trouble. The State had
established one monopoly--the landlord's monopoly of
economic rent--thereby shutting off great hordes of
people from free access to the only source of human
subsistence, and driving them into factories to work for
whatever Mr. Gradgrind and Mr. Bottles chose to give
them. The land of England, while by no means nearly
all actually occupied, was
all legallyoccupied; and this
State-created monopoly enabled landlords to satisfy their
needs and desires with little exertion or none, but it
also removed the land from competition with industry in
the labor market, thus creating a huge, constant and
exigent labour-surplus. [Emphasis Nock's] --Albert J.
Nock, "The Gods' Lookout" February 1934
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