husbandman forfeited his right to the land as soon as he ceased to occupy it, would he become more covetous? And would the impossibility of demanding increase, of taxing another’s labor, be a source of quarrels and law-suits? The economists use singular logic. But we are not yet through. Admit that the proprietor is the legitimate master of the land.
“The land is an instrument of production,” they say. That is true. But when, changing the noun into an adjective, they alter the phrase, thus, “The land is a productive instrument,” they make a wicked blunder.
According to Quesnay and the early economists, all production comes from the land. Smith, Ricardo, and de Tracy, on the contrary, say that labor is the sole agent of production. Say, and most of his successors, teach that both land and labor and capital are productive. The latter constitute the eclectic school of political economy. The truth is, that neither land nor labor nor capital is productive. Production results from the co-operation of these three equally necessary elements, which, taken separately, are equally sterile.
Political economy, indeed, treats of the production, distribution, and consumption of wealth or values. But of what values? Of the values produced by human industry; that is, of the changes made in matter by man, that he may appropriate it to his own use, and not at all of Nature’s spontaneous productions. Man’s labor consists in a simple laying on of hands. When he has taken that trouble, he has produced a value. Until then, the salt of the sea, the water of the springs, the grass of the fields, and the trees of the forests are to him as if they were not. The sea, without the fisherman and his line, supplies no fish. The forest, without the wood-cutter and his axe, furnishes neither fuel nor timber.
