Frédéric Bastiat on the Connection between Socialism, Communism, and Protectionism – Foundation for Economic Education

Frederic Bastiat

“…As for systems based on legalized plunder, Bastiat says:

As long as it is admitted that the law may be diverted from its true purpose—that it may violate property instead of protecting it—then everyone will want to participate in making the law, either to protect himself against plunder or to use it for plunder. Political questions will always be prejudicial, dominant, and all-absorbing. There will be fighting at the door of the Legislative Palace, and the struggle within will be no less furious. To know this, it is hardly necessary to examine what transpires in the French and English legilstaures; merely to understand the issue is to know the answer.

Bastiat’s words are just as true today as when he wrote them with a quill pen in 19th-century France. How much of the clamoring, bickering, and anger we see today is the result of factions, each vying for their preferred forms of taxation or economic protection?”

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