It is sufficient to know that Competition is nothing else than [p290] the absence of an arbitrary authority as judge of exchanges, in order to be satisfied that it is indestructible. Illegitimate force may no doubt restrain, counteract, trammel the liberty of exchanging, as it may the liberty of walking; but it can annihilate neither the one nor the other without annihilating man. This being so, it remains for us to inquire whether Competition tends to the happiness or misery of mankind; a question which amounts to this,—Is the human race naturally progressive, or are its tendencies fatally retrograde? I hesitate not to say that Competition, which, indeed, we might denominate Liberty, despite the repulsion which it excites, despite the declamations to which it has given rise, is a law which is democratical in its essence. Of all the laws to which Providence has confided the progress of human society, it is the most progressive, levelling, and ‹communautaire›. It is this law which brings successively into the ‹common› domain the use and enjoyment of commodities which nature has accorded gratuitously only to certain countries. It is this law, again, which brings into the ‹common› domain all the conquests which the genius of each age bequeaths to succeeding generations, leaving them only supplementary labours to execute, which last they continue to exchange with one another, without succeeding, as they desire, in obtaining a recompense for the co-operation of natural agents; and if these labours, as happens always in the beginning, possess a value which is not proportionate to their intensity, it is still Competition which, by its incessant but unperceived action, restores an equilibrium which is sanctioned by justice, and which is more exact than any that the fallible sagacity of a human magistracy could by possibility establish. Far from Competition leading to inequality, as has been erroneously alleged, we may assert that all ‹factitious› inequality is imputable to its absence; and if the gulf between the Grand Lama and a Paria is more profound than that which separates the President from an artisan of the United States, the reason is this, that Competition (or Liberty), which is curbed and put down in Asia, is not so in America. This is the reason why, whilst the Socialists see in Competition the source of all that is evil, we trace to the attacks which have been made upon it the disturbance of all that is good. Although this great law has been misunderstood by the Socialists and their adepts; although it is frequently harsh in its operation, no law is more fertile in social harmonies, more beneficent in general results; no law attests more brilliantly the measureless superiority of the designs of God over the vain and powerless combinations of men. [p291]