The Online Library of Liberty

A project of Liberty Fund, Inc.

• Monticello, October 25, 1818.
• Prospectus.
• Advertisement.
• Abstract, Or Analytical Table.
• Advertisement.
• Supplement to the First Section of the Elements of Ideology.
• Second Section of the Elements of Ideology, Or a Treatise On the Will and Its Effects.
• Introduction.
• First Part of the Treatise On the Will and Its Effects. of Our Actions.
• Chapter I.: Of Society.
• Chapter II.: Of Production, Or the Formation of Our Riches.
• Chapter III.: Of the Measure of Utility, Or of Value.
• Chapter IV.: Of the Change of Form, Or of Fabricating Industry, Comprising Agriculture.
• Chapter V.: Of the Change of Place, Or of Commercial Industry.
• Chapter VI.: Of Money.
• Chapter VII.: Reflections On What Precedes.
• Chapter VIII.: Of the Distribution of Our Riches Amongst Individuals.
• Chapter IX.: Of the Multiplication of Individuals, Or of Population.
• Chapter X.: Consequences and Developement of the Two Preceding Chapters.
• Chapter XI.: Of the Employment of Our Riches, Or of Consumption.
• Chapter XII.: Of the Revenues and Expenses of Government and Its Debts.
• Chapter XIII.: Conclusion.
• A Treatise On Political Economy, &c.: Supplement to the First Section of the Elements of Ideology.
• Second Section of the Elements of Ideology, Or a Treatise On the Will and Its Effects.
• Introduction.
• First Part of the Treatise On the Will and Its Effects. of Our Actions.
• Chapter I.: Of Society.
• Chapter II.: Of Production, Or of the Formation of Our Riches.
• Chapter III.: Of the Measure of Utility Or of Values.
• Chapter IV.: Of the Change of Form, Or of Manufacturing Industry, Comprising Agriculture.
• Chapter V.: Of the Change of Place, Or of Commercial Industry.
• Chapter VI.: Of Money.
• Chapter VII.: Reflections On What Precedes.
• Chapter VIII.: Of the Distribution of Our Riches Amongst Individuals.
• Chapter IX.: Of the Multiplication of Individuals, Or of Population.
• Chapter X.: Consequences and Developments of the Two Preceding Chapters.
• Chapter XI.: Of the Employment of Our Riches, Or of Consumption.
• Chapter XII.: Of the Revenues and Expenses of a Government, and of Its Debts.
• Chapter XIII.: Conclusion.

CHAPTER V.

Of the change of place, or of Commercial Industry.

Insulated man might fabricate but could not trade.

For commerce and society are one and the same thing.

It alone animates industry.

It unites in the first place inhabitants of the same canton. Then the different cantons of the same country, and finally different nations.

The greatest advantage of external commerce, the only one meriting attention, is its giving a greater developement to that which is internal.

Merchants, properly so called, facilitate commerce, but it exists before them and without them.

They give a new value to things by effecting a change of place, as fabricators do by a change of form.

It is from this increase of value that they derive their profits.

Commercial industry presents the same phenomena as fabricating industry; in it are likewise theory, application and execution. Men of science, undertakers and workmen; these are compensated in like manner; they have analogous functions and interests, &c. &c.