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gor¡¡and¡¡fertility£¿¡¡¡¡Exactly¡¡there¡¡lies¡¡the¡¡monopoly¡¡of¡¡the¡¡proprietor£»¡¡in¡¡the¡¡fact¡¡that£»¡¡though¡¡he¡¡did¡¡not¡¡make¡¡the¡¡implement£»¡¡he¡¡asks¡¡pay¡¡for¡¡its¡¡use¡£¡¡¡¡When¡¡the¡¡Creator¡¡shall¡¡present¡¡himself¡¡and¡¡claim¡¡farm¡­rent£»¡¡we¡¡will¡¡consider¡¡the¡¡matter¡¡with¡¡him£»¡¡or¡¡even¡¡when¡¡the¡¡proprietorhis¡¡pretended¡¡representativeshall¡¡exhibit¡¡his¡¡power¡­of¡­attorney¡£


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Then¡¡the¡¡proprietor's¡¡business¡¡is¡¡to¡¡reconcile¡¡farmers¡¡by¡¡robbing¡¡them¡£¡¡¡¡O¡¡logic£¡¡¡¡¡O¡¡justice£¡¡¡¡¡O¡¡the¡¡marvellous¡¡wisdom¡¡of¡¡economists£¡¡¡¡¡The¡¡proprietor£»¡¡if¡¡they¡¡are¡¡right£»¡¡is¡¡like¡¡Perrin¡­¡¡Dandin¡¡who£»¡¡when¡¡summoned¡¡by¡¡two¡¡travellers¡¡to¡¡settle¡¡a¡¡dispute¡¡about¡¡an¡¡oyster£»¡¡opened¡¡it£»¡¡gobbled¡¡it£»¡¡and¡¡said¡¡to¡¡them£º


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Will¡¡Say¡¡tell¡¡us¡¡why¡¡the¡¡same¡¡farmers£»¡¡who£»¡¡if¡¡there¡¡were¡¡no¡¡proprietors£»¡¡would¡¡contend¡¡with¡¡each¡¡other¡¡for¡¡possession¡¡of¡¡the¡¡soil£»¡¡do¡¡not¡¡contend¡¡to¡­day¡¡with¡¡the¡¡proprietors¡¡for¡¡this¡¡possession£¿¡¡¡¡Obviously£»¡¡because¡¡they¡¡think¡¡them¡¡legitimate¡¡possessors£»¡¡and¡¡because¡¡their¡¡respect¡¡for¡¡even¡¡an¡¡imaginary¡¡right¡¡exceeds¡¡their¡¡avarice¡£¡¡¡¡I¡¡proved£»¡¡in¡¡Chapter¡¡II¡££»¡¡that¡¡possession¡¡is¡¡sufficient£»¡¡without¡¡property£»¡¡to¡¡maintain¡¡social¡¡order¡£¡¡¡¡Would¡¡it¡¡be¡¡more¡¡difficult£»¡¡then£»¡¡to¡¡reconcile¡¡possessors¡¡without¡¡masters¡¡than¡¡tenants¡¡controlled¡¡by¡¡proprietors£¿¡¡¡¡Would¡¡laboring¡¡men£»¡¡who¡¡respectmuch¡¡to¡¡their¡¡own¡¡detrimentthe¡¡pretended¡¡rights¡¡of¡¡the¡¡idler£»¡¡violate¡¡the¡¡natural¡¡rights¡¡of¡¡the¡¡producer¡¡and¡¡the¡¡manufacturer£¿¡¡¡¡What£¡¡¡if¡¡the¡¡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¡£¡¡¡¡The¡¡meadow£»¡¡without¡¡the¡¡mower£»¡¡yields¡¡neither¡¡hay¡¡nor¡¡aftermath¡£¡¡¡¡Nature¡¡is¡¡a¡¡vast¡¡mass¡¡of¡¡material¡¡to¡¡be¡¡cultivated¡¡and¡¡converted¡¡into¡¡products£»¡¡but¡¡Nature¡¡produces¡¡nothing¡¡for¡¡herself£º¡¡in¡¡the¡¡economical¡¡sense£»¡¡her¡¡products£»¡¡in¡¡their¡¡relation¡¡to¡¡man£»¡¡are¡¡not¡¡yet¡¡products¡£

Capital£»¡¡tools£»¡¡and¡¡machinery¡¡are¡¡likewise¡¡unproductive¡£¡¡¡¡The¡¡hammer¡¡and¡¡the¡¡anvil£»¡¡without¡¡the¡¡blacksmith¡¡and¡¡the¡¡iron£»¡¡do¡¡not¡¡forge¡£¡¡¡¡The¡¡mill£»¡¡without¡¡the¡¡miller¡¡and¡¡the¡¡grain£»¡¡does¡¡not¡¡grind£»¡¡&c¡£¡¡¡¡Bring¡¡tools¡¡and¡¡raw¡¡material¡¡together£»¡¡place¡¡a¡¡plough¡¡and¡¡some¡¡seed¡¡on¡¡fertile¡¡soil£»¡¡enter¡¡a¡¡smithy£»¡¡light¡¡the¡¡fire£»¡¡and¡¡shut¡¡up¡¡the¡¡shop£»you¡¡will¡¡produce¡¡nothing¡£¡¡¡¡The¡¡following¡¡remark¡¡was¡¡made¡¡by¡¡an¡¡economist¡¡who¡¡possessed¡¡more¡¡good¡¡sense¡¡than¡¡most¡¡of¡¡his¡¡fellows£º¡¡¡¡¡¨Say¡¡credits¡¡capital¡¡with¡¡an¡¡active¡¡part¡¡unwarranted¡¡by¡¡its¡¡nature£»¡¡left¡¡to¡¡itself£»¡¡it¡¡is¡¡an¡¡idle¡¡tool¡£¡¨¡¡¡¡£¨J¡£¡¡Droz£º¡¡Political¡¡Economy¡££©

Finally£»¡¡labor¡¡and¡¡capital¡¡together£»¡¡when¡¡unfortunately¡¡combined£»¡¡produce¡¡nothing¡£¡¡¡¡Plough¡¡a¡¡sandy¡¡desert£»¡¡beat¡¡the¡¡water¡¡of¡¡the¡¡rivers£»¡¡pass¡¡type¡¡through¡¡a¡¡sieve£»you¡¡will¡¡get¡¡neither¡¡wheat£»¡¡nor¡¡fish£»¡¡nor¡¡books¡£¡¡¡¡Your¡¡trouble¡¡will¡¡be¡¡as¡¡fruitless¡¡as¡¡was¡¡the¡¡immense¡¡labor¡¡of¡¡the¡¡army¡¡of¡¡Xerxes£»¡¡who£»¡¡as¡¡Herodotus¡¡says£»¡¡with¡¡his¡¡three¡¡million¡¡soldiers£»¡¡scourged¡¡the¡¡Hellespont¡¡for¡¡twenty¡­four¡¡hours£»¡¡as¡¡a¡¡punishment¡¡for¡¡having¡¡broken¡¡and¡¡scattered¡¡the¡¡pontoon¡¡bridge¡¡which¡¡the¡¡great¡¡king¡¡had¡¡thrown¡¡across¡¡it¡£

Tools¡¡and¡¡capital£»¡¡land¡¡and¡¡labor£»¡¡considered¡¡individually¡¡and¡¡abstractly£»¡¡are¡¡not£»¡¡literally¡¡speaking£»¡¡productive¡£¡¡¡¡The¡¡proprietor¡¡who¡¡asks¡¡to¡¡be¡¡rewarded¡¡for¡¡the¡¡use¡¡of¡¡a¡¡tool£»¡¡or¡¡the¡¡productive¡¡power¡¡of¡¡his¡¡land£»¡¡takes¡¡for¡¡granted£»¡¡then£»¡¡that¡¡which¡¡is¡¡radically¡¡false£»¡¡namely£»¡¡that¡¡capital¡¡produces¡¡by¡¡its¡¡own¡¡effort£»and£»¡¡in¡¡taking¡¡pay¡¡for¡¡this¡¡imaginary¡¡product£»¡¡he¡¡literally¡¡receives¡¡something¡¡for¡¡nothing¡£

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REPLY¡£Here¡¡we¡¡touch¡¡the¡¡heart¡¡of¡¡the¡¡question£»¡¡the¡¡mystery¡¡of¡¡property£»¡¡which¡¡we¡¡must¡¡clear¡¡up£»¡¡if¡¡we¡¡would¡¡understand¡¡any¡¡thing¡¡of¡¡the¡¡strange¡¡effects¡¡of¡¡the¡¡right¡¡of¡¡increase¡£

He¡¡who¡¡manufactures¡¡or¡¡repairs¡¡the¡¡farmer's¡¡tools¡¡receives¡¡the¡¡price¡¡ONCE£»¡¡either¡¡at¡¡the¡¡time¡¡of¡¡delivery£»¡¡or¡¡in¡¡several¡¡payments£»¡¡and¡¡when¡¡this¡¡price¡¡is¡¡once¡¡paid¡¡to¡¡the¡¡manufacturer£»¡¡the¡¡tools¡¡which¡¡he¡¡has¡¡delivered¡¡belong¡¡to¡¡him¡¡no¡¡more¡£¡¡¡¡Never¡¡does¡¡he¡¡claim¡¡double¡¡payment¡¡for¡¡the¡¡same¡¡tool£»¡¡or¡¡the¡¡same¡¡job¡¡of¡¡repairs¡£¡¡¡¡If¡¡he¡¡annually¡¡shares¡¡in¡¡the¡¡products¡¡of¡¡the¡¡farmer£»¡¡it¡¡is¡¡owing¡¡to¡¡the¡¡fact¡¡that¡¡he¡¡annually¡¡makes¡¡something¡¡for¡¡the¡¡farmer¡£

The¡¡proprietor£»¡¡on¡¡the¡¡contrary£»¡¡does¡¡not¡¡yield¡¡his¡¡implement£»¡¡eternally¡¡he¡¡is¡¡paid¡¡for¡¡it£»¡¡eternally¡¡he¡¡keeps¡¡it¡£

In¡¡fact£»¡¡the¡¡rent¡¡received¡¡by¡¡the¡¡proprietor¡¡is¡¡not¡¡intended¡¡to¡¡defray¡¡the¡¡expense¡¡of¡¡maintaining¡¡and¡¡repairing¡¡the¡¡implement£»¡¡this¡¡expense¡¡is¡¡charged¡¡to¡¡the¡¡borrower£»¡¡and¡¡does¡¡not¡¡concern¡¡the¡¡proprietor¡¡except¡¡as¡¡he¡¡is¡¡interested¡¡in¡¡the¡¡preservation¡¡of¡¡the¡¡article¡£¡¡¡¡If¡¡he¡¡takes¡¡it¡¡upon¡¡himself¡¡to¡¡attend¡¡to¡¡the¡¡repairs£»¡¡he¡¡takes¡¡care¡¡that¡¡the¡¡money¡¡which¡¡he¡¡expends¡¡for¡¡this¡¡purpose¡¡is¡¡repaid¡£

This¡¡rent¡¡does¡¡not¡¡represent¡¡the¡¡product¡¡of¡¡the¡¡implement£»¡¡since¡¡of¡¡itself¡¡the¡¡implement¡¡produces¡¡nothing£»¡¡we¡¡have¡¡just¡¡proved¡¡this£»¡¡and¡¡we¡¡shall¡¡prove¡¡it¡¡more¡¡clearly¡¡still¡¡by¡¡its¡¡consequences¡£

Finally£»¡¡this¡¡rent¡¡does¡¡not¡¡represent¡¡the¡¡participation¡¡of¡¡the¡¡proprietor¡¡in¡¡the¡¡production£»¡¡since¡¡this¡¡participation¡¡could¡¡consist£»¡¡like¡¡that¡¡of¡¡the¡¡blacksmith¡¡and¡¡the¡¡wheelwright£»¡¡only¡¡in¡¡the¡¡surrender¡¡of¡¡the¡¡whole¡¡or¡¡a¡¡part¡¡of¡¡his¡¡implement£»¡¡in¡¡which¡¡case¡¡he¡¡would¡¡cease¡¡to¡¡be¡¡its¡¡proprietor£»¡¡which¡¡would¡¡involve¡¡a¡¡contradiction¡¡of¡¡the¡¡idea¡¡of¡¡property¡£

Then£»¡¡between¡¡the¡¡proprietor¡¡and¡¡his¡¡tenant¡¡there¡¡is¡¡no¡¡exchange¡¡either¡¡of¡¡values¡¡or¡¡services£»¡¡then£»¡¡as¡¡our¡¡axiom¡¡says£»¡¡farm¡­rent¡¡is¡¡real¡¡increase£»an¡¡extortion¡¡based¡¡solely¡¡upon¡¡fraud¡¡and¡¡violence¡¡on¡¡the¡¡one¡¡hand£»¡¡and¡¡weakness¡¡and¡¡ignorance¡¡upon¡¡the¡¡other¡£¡¡¡¡PRODUCTS¡¡say¡¡the¡¡economists£»¡¡ARE¡¡BOUGHT¡¡ONLY¡¡BY¡¡PRODUCTS¡£¡¡¡¡This¡¡maxim¡¡is¡¡property's¡¡condemnation¡£¡¡¡¡The¡¡proprietor£»¡¡producing¡¡neither¡¡by¡¡his¡¡own¡¡labor¡¡nor¡¡by¡¡his¡¡implement£»¡¡and¡¡receiving¡¡products¡¡in¡¡exchange¡¡for¡¡nothing£»¡¡is¡¡either¡¡a¡¡parasite¡¡or¡¡a¡¡thief¡£¡¡¡¡Then£»¡¡if¡¡property¡¡can¡¡exist¡¡only¡¡as¡¡a¡¡right£»¡¡property¡¡is¡¡impossible¡£

COROLLARIES¡£1¡£¡¡The¡¡republican¡¡constitution¡¡of¡¡1793£»¡¡which¡¡defined¡¡property¡¡as¡¡¡¨the¡¡right¡¡to¡¡enjoy¡¡the¡¡fruit¡¡of¡¡one's¡¡labor£»¡¨¡¡was¡¡grossly¡¡mistaken¡£¡¡¡¡It¡¡should¡¡have¡¡said£»¡¡¡¨Property¡¡is¡¡the¡¡right¡¡to¡¡enjoy¡¡and¡¡dispose¡¡at¡¡will¡¡of¡¡another's¡¡goods£»the¡¡fruit¡¡of¡¡another's¡¡industry¡¡and¡¡labor¡£¡¨

2¡£¡¡Every¡¡possessor¡¡of¡¡lands£»¡¡houses£»¡¡furniture£»¡¡machinery£»¡¡tools£»¡¡money£»¡¡&c¡££»¡¡who¡¡lends¡¡a¡¡thing¡¡for¡¡a¡¡price¡¡exceeding¡¡the¡¡cost¡¡of¡¡repairs¡¡£¨the¡¡repairs¡¡being¡¡charged¡¡to¡¡the¡¡lender£»¡¡and¡¡representing¡¡products¡¡which¡¡he¡¡exchanges¡¡for¡¡other¡¡products£©£»¡¡is¡¡guilty¡¡of¡¡swindling¡¡and¡¡extortion¡£¡¡¡¡In¡¡short£»¡¡all¡¡rent¡¡received¡¡£¨nominally¡¡as¡¡damages£»¡¡but¡¡really¡¡as¡¡payment¡¡for¡¡a¡¡loan£©¡¡is¡¡an¡¡act¡¡of¡¡property£»a¡¡robbery¡£

HISTORICAL¡¡COMMENT¡£The¡¡tax¡¡which¡¡a¡¡victorious¡¡nation¡¡levies¡¡upon¡¡a¡¡conquered¡¡nation¡¡is¡¡genuine¡¡farm¡­rent¡£¡¡¡¡The¡¡seigniorial¡¡rights¡¡abolished¡¡by¡¡the¡¡Revolution¡¡of¡¡1789£»tithes£»¡¡mortmain£»¡¡statute¡­labor£»¡¡&c¡££»were¡¡different¡¡forms¡¡of¡¡the¡¡rights¡¡of¡¡property£»¡¡and¡¡they¡¡who¡¡under¡¡the¡¡titles¡¡of¡¡nobles£»¡¡seigneurs£»¡¡prebendaries£»¡¡&c¡£¡¡enjoyed¡¡these¡¡rights£»¡¡were¡¡neither¡¡more¡¡nor¡¡less¡¡than¡¡proprietors¡£¡¡¡¡To¡¡defend¡¡property¡¡to¡­¡¡day¡¡is¡¡to¡¡condemn¡¡the¡¡Revolution¡£


SECOND¡¡PROPOSITION¡£

Property¡¡is¡¡impossible¡¡because¡¡wherever¡¡it¡¡exists¡¡Production¡¡costs¡¡more¡¡than¡¡it¡¡is¡¡worth¡£


The¡¡preceding¡¡proposition¡¡was¡¡legislative¡¡in¡¡its¡¡nature£»¡¡this¡¡one¡¡is¡¡economical¡£¡¡¡¡It¡¡serves¡¡to¡¡prove¡¡that¡¡property£»¡¡which¡¡originates¡¡in¡¡violence£»¡¡results¡¡in¡¡waste¡£


¡¨Production£»¡¨¡¡says¡¡Say£»¡¡¡¨is¡¡exchange¡¡on¡¡a¡¡large¡¡scale¡£¡¡¡¡To¡¡render¡¡the¡¡exchange¡¡productive¡¡the¡¡value¡¡of¡¡the¡¡whole¡¡amount¡¡of¡¡service¡¡must¡¡be¡¡balanced¡¡by¡¡the¡¡value¡¡of¡¡the¡¡product¡£¡¡¡¡If¡¡this¡¡condition¡¡is¡¡not¡¡complied¡¡with£»¡¡the¡¡exchange¡¡is¡¡unequal£»¡¡the¡¡producer¡¡gives¡¡more¡¡than¡¡he¡¡receives¡£¡¨


Now£»¡¡value¡¡being¡¡necessarily¡¡based¡¡upon¡¡utility£»¡¡it¡¡follows¡¡that¡¡every¡¡useless¡¡product¡¡is¡¡necessarily¡¡valueless£»that¡¡it¡¡cannot¡¡be¡¡exchanged£»¡¡and£»¡¡consequently£»¡¡that¡¡it¡¡cannot¡¡be¡¡given¡¡in¡¡payment¡¡for¡¡productive¡¡services¡£

Then£»¡¡though¡¡production¡¡may¡¡equal¡¡consumption£»¡¡it¡¡never¡¡can¡¡exceed¡¡it£»¡¡for¡¡there¡¡is¡¡no¡¡real¡¡production¡¡save¡¡where¡¡there¡¡is¡¡a¡¡production¡¡of¡¡utility£»¡¡and¡¡there¡¡is¡¡no¡¡utility¡¡save¡¡where¡¡there¡¡is¡¡a¡¡possibility¡¡of¡¡consumption¡£¡¡¡¡Thus£»¡¡so¡¡much¡¡of¡¡every¡¡product¡¡as¡¡is¡¡rendered¡¡by¡¡excessive¡¡abundance¡¡inconsumable£»¡¡becomes¡¡useless£»¡¡va
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