Posts Tagged ‘frederic bastiat’

Frederic Bastiat: Slavery Monopoly

Posted by admin on Monday, January 22, 2024

Meaning of Frederic Bastiat Money Quote: saying unfair economic systems cause suffering, but can be defended by both profiteers and those who suffer. Frederic Bastiat said:

 
Slavery, protection, and monopoly find defenders, not only in those who profit by them, but in those who suffer by them Quote

 

Slavery, protection, and monopoly find defenders, not only in those who profit by them, but in those who suffer by them” — Frederic Bastiat

 

Share </> Quote Image

Share the Frederic Bastiat Money quote image above on your site:

 
Short Link to this Quote:

[collapse]

 

In this quote, Frédéric Bastiat is making the observation that systems like slavery, protectionism and monopoly tend to have defenders not just from those who directly benefit economically from them (“those who profit by them”), but also from others who are actually harmed by them (“those who suffer by them”).

His point seems to be that these harmful systems can distort people’s perceptions to the extent that even those negatively impacted will defend them, perhaps due to psychological, social or political factors.

Overall, the quote serves as a critique of how unfair economic systems maintain support through influencing public opinion, beyond just those who gain immediate advantages from such systems

Frederic Bastiat: State Expense

Posted by admin on Thursday, July 29, 2010

Frederic Bastiat Money Quotation reminds us that we all support the government and cannot all be supported by that government without contributing taxes first.
 
Everyone wants to live at the expense of the state. They forget that the state lives at the expense of everyone Quote
 

“Everyone wants to live at the expense of the state. They forget that the state lives at the expense of everyone” — Frederic Bastiat

 

Share </> Quote Image

Share the Frederic Bastiat Money quote image above on your site:

 
Short Link to this Quote:

[collapse]

 

In this quote, Frederic Bastiat is criticizing the notion that people think they can benefit from state services and redistribution of wealth without bearing any of the costs associated with governing. He suggests that while many want the state to provide for them financially, they overlook the fact that all of these state expenditures must ultimately be paid for through tax revenue collected from citizens.

Bastiat’s point appears to be that we should recognize that any advantages or support received from the government come at the expense of individual taxpayers. The best interpretation is that he is highlighting how the state relies on taxing its populace to function, so no one can truly expect to derive benefits from the administration without shouldering part of the fiscal burden.

Money Quotes Daily

Money Quotes Daily