And then, you ask, will these breeders of silk-worms, these manufacturers of silks and hats, lose their work? Precisely: it will even be proved to them that it is for their interest that they should, since they will be able to buy the same products for less than it costs them to manufacture them. Such is competition.
Competition, with its homicidal instinct, takes away the bread of a whole class of laborers, and sees in it only an improvement, a saving; it steals a secret in a cowardly manner, and glories in it as a DISCOVERY; it changes the natural zones of production to the detriment of an entire people, and pretends to have done nothing but utilize the advantages of its climate. Competition overturns all notions of equity and justice; it increases the real cost of production by needlessly multiplying the capital invested, causes by turns the dearness of products and their depreciation, corrupts the public conscience by putting chance in the place of right, and maintains terror and distrust everywhere.
But what! Without this atrocious characteristic, competition would lose its happiest effects; without the arbitrary element in exchange and the panics of the market, labor would not continually build factory against factory, and, not being maintained in such good working order, production would realize none of its marvels. After having caused evil to arise from the very utility of its principle, competition again finds a way to extract good from evil; destruction engenders utility, equilibrium is realized by agitation, and it may be said of competition, as Samson said of the lion which he had slain: De comedente cibus exiit, et de forti dulcedo. Is there anything, in all the spheres of human knowledge, more surprising than political economy?
Let us take care, nevertheless, not to yield to an impulse of irony, which would be on our part only unjust invective. It is characteristic of economic science to find its certainty in its contradictions, and the whole error of the economists consists in not having understood this. Nothing poorer than their criticism, nothing more saddening than their mental confusion, as soon as they touch this question of competition: one would say that they were witnesses forced by torture to confess what their conscience would like to conceal. The reader will take it kindly if I put before his eyes the arguments for laissez-passer, introducing him, so to speak, into the presence of a secret meeting of economists.
M. Dunoyer opens the discussion.
Of all the economists M. Dunoyer has most energetically embraced the positive side of competition, and consequently, as might have been expected, most ineffectually grasped the negative side. M. Dunoyer, with whom nothing can be done when what he calls principles are under discussion, is very far from believing that in matters of political economy yes and no may be true at the same moment and to the same extent; let it be said even to his credit, such a conception is the more repugnant to him because of the frankness and honesty with which he holds his doctrines. What would I not give to gain an entrance into this pure but so obstinate soul for this truth as certain to me as the existence of the sun,—that all the categories of political economy are contradictions! Instead of uselessly exhausting himself in reconciling practice and theory; instead of contenting himself with the ridiculous excuse that everything here below has its advantages and its inconveniences,—M. Dunoyer would seek the synthetic idea which solves all the antinomies, and, instead of the paradoxical conservative which he now is, he would become with us an inexorable and logical revolutionist.
"If competition is a false principle," says M. Dunoyer, "it follows that for two thousand years humanity has been pursuing the wrong road."
No, what you say does not follow, and your prejudicial remark is refuted by the very theory of progress. Humanity posits its principles by turns, and sometimes at long intervals: never does it give them up in substance, although it destroys successively their expressions and formulas. This destruction is called NEGATION; because the general reason, ever progressive, continually denies the completeness and sufficiency of its prior ideas. Thus it is that, competition being one of the periods in the constitution of value, one of the elements of the social synthesis, it is true to say at the same time that it is indestructible in its principle, and that nevertheless in its present form it should be abolished, denied. If, then, there is any one here who is in opposition to history, it is you.
I have several remarks to make upon the accusations of which competition has been the object. The first is that this regime, good or bad, ruinous or fruitful, does not really exist as yet; that it is established nowhere except in a partial and most incomplete manner.
This first observation has no sense. COMPETITION KILLS COMPETITION, as we said at the outset; this aphorism may be taken for a definition. How, then, could competition ever be complete?