But what need of insisting? From the moment that the communist changes the name of things, vera rerum vocabala, he tacitly admits his powerlessness, and puts himself out of the question. That is why my sole reply to him shall be: In denying competition, you abandon the thesis; henceforth you have no place in the discussion. Some other time we will inquire how far man should sacrifice himself in the interest of all: for the moment the question is the solution of the problem of competition,--that is, the reconciliation of the highest satisfaction of egoism with social necessities; spare us your moralities. Competition is necessary to the constitution of value,--that is, to the very principle of distribution, and consequently to the advent of equality. As long as a product is supplied only by a single manufacturer, its real value remains a mystery, either through the producer's misrepresentation or through his neglect or inability to reduce the cost of production to its extreme limit. Thus the privilege of production is a real loss to society, and publicity of industry, like competition between laborers, a necessity. All the utopias ever imagined or imaginable cannot escape this law. Certainly I do not care to deny that labor and wages can and should be guaranteed; I even entertain the hope that the time of such guarantee is not far off: but I maintain that a guarantee of wages is impossible without an exact knowledge of value, and that this value can be discovered only by competition, not at all by communistic institutions or by popular decree. For in this there is something more powerful than the will of the legislator and of citizens,--namely, the absolute impossibility that man should do his duty after finding himself relieved of all responsibility to himself: now, responsibility to self, in the matter of labor, necessarily implies competition with others. Ordain that, beginning January 1, 1847, labor and wages are guaranteed to all: immediately an immense relaxation will succeed the extreme tension to which industry is now subjected; real value will fall rapidly below nominal value; metallic money, in spite of its effigy and stamp, will experience the fate of the assignats; the merchant will ask more and give less; and we shall find ourselves in a still lower circle in the hell of misery in which competition is only the third turn.