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• The Collected Works of Frédéric Bastiat
• General Editor’s Note
• Note On the Translation
• Note On the Editions of the Œuvres Complètes
• Acknowledgments
• Introduction
• The Political Pamphlets As Models of Applied Economics
• Eyewitness to Political and Economic Upheavals (1848–50)
• Republicanism and Universal Suffrage
• State Education
• Hayek and Spontaneous Order
• Peace, Liberty, and Taxes
• The Left, Taxes, and Trade Unions
• The Economists, the Socialists, and Legal Plunder
• Freedom to Exchange
• Conclusion
• Frédéric Bastiat Chronology
• “the Law,” “the State,” and Other Political Writings, 1843–1850
• 1: Reflections On the Petitions From Bordeaux, Le Havre, and Lyons Relating to the Customs Service 1
• 2: The Tax Authorities and Wine 1
• 3: On the Wine-growing Question
• 4: Property and Law
• 5: Justice and Fraternity 1
• 6: Individualism and Fraternity
• 7: The State
• 8: The State (draft)
• 9: The Law
• 10: Property and Plunder 1
• First Letter
• Second Letter
• Third Letter
• Fourth Letter
• Fifth Letter
• Claim Made By M. Considérant and F. Bastiat’s Reply
• 11: Baccalaureate and Socialism 1
• 12: Protectionism and Communism
• 13: Plunder and Law 1
• 14: The War Against Chairs of Political Economy 1 , 2
• 15: Peace and Freedom Or the Republican Budget 1
• 16: Discourse On the Tax On Wines and Spirits 1 , 2
• 17: The Repression of Industrial Unions 1
• 18: Reflections On the Amendment of M. Mortimer-ternaux 1
• 19: Parliamentary Conflicts of Interest 1 , 2
• Bastiat’s Political Writings: Anecdotes and Reflections
• The Law-abiding Revolutionary
• The State As the “great Fiction”
• Bastiat’s Publisher, the Librairie De Guillaumin
• Bastiat’s Editor and Executor, Prosper Paillottet (1804–78)
• The Concept of Individualism
• The Idea of Laissez-faire
• The Concepts of “industry” and “plunder” (spoliation)
• The Right to Work Vs the Right Or Freedom of Working
• Classical Liberal Vs Socialist Utopias
• The Cause of Bastiat’s Untimely Death
• Speaking Truth to Power: “the Miller of Sans-souci”
• Glossary of Persons
• Glossary of Places
• Glossary of Subjects and Terms
• Bibliographical Note On the Works Cited In This Volume
• Bibliography
• Primary Sources
• Works By Bastiat
• Works By Other Authors Cited In the Text, Notes, and Glossaries
• Secondary Sources

The Economists, the Socialists, and Legal Plunder

According to Bastiat and the liberal, free-trade political economists of his time, there was only one school of economics, that of Les Économistes.25 On the other hand, there were many schools of socialism, all of which opposed the ideas of Les Économistes. The reason for this difference is straightforward in Bastiat’s view: true economists are concerned with principles, and if people agree on principles they cannot express conflicting or incoherent statements. On the contrary, socialists want to rebuild human nature and each school has its own recipe for changing society. Bastiat expresses this view clearly in “Justice and Fraternity” (1848): “I believe that what radically divides us is this: political economy reaches the conclusion that only universal justice should be demanded of the law. Socialism, in its various branches and through applications whose number is of course unlimited, demands in addition that the law should put into practice the dogma of fraternity.”26

For Bastiat, the approaches of the political economists and the socialists are incompatible with each other because socialism necessarily impinges upon individual rights whenever one wants to redistribute wealth by using constraint. The main criterion for evaluating human actions is to ask whether an act is made freely or whether it is obtained by violence. According to Bastiat, legal violence is the most dangerous of human actions because it is wielded without any risk to the politicians and their supporters; moreover, it is even considered virtuous because politicians use it in the name of brotherhood and solidarity. Bastiat’s consistency in opposing all forms of coercion, whether legal or not, separates him from most of his contemporaries.

[25. ]See the entry for “Les Économistes” in the Glossary of Subjects and Terms.

[26. ]“Justice and Fraternity,” pp. 60–61.