Monopoly owes its existence both to nature and to man: it has its source at once in the profoundest depths of our conscience and in the external fact of our individualization. Just as in our body and our mind everything has its specialty and property, so our labor presents itself with a proper and specific character, which constitutes its quality and value. And as labor cannot manifest itself without material or an object for its exercise, the person necessarily attracting the thing, monopoly is established from subject to object as infallibly as duration is constituted from past to future. Bees, ants, and other animals living in society seem endowed individually only with automatism; with them soul and instinct are almost exclusively collective. That is why, among such animals, there can be no room for privilege and monopoly; why, even in their most volitional operations, they neither consult nor deliberate. But, humanity being individualized in its plurality, man becomes inevitably a monopolist, since, if not a monopolist, he is nothing; and the social problem is to find out, not how to abolish, but how to reconcile, all monopolies. The most remarkable and the most immediate effects of monopoly are: 1. In the political order, the classification of humanity into families, tribes, cities, nations, States: this is the elementary division of humanity into groups and sub-groups of laborers, distinguished by race, language, customs, and climate. It was by monopoly that the human race took possession of the globe, as it will be by association that it will become complete sovereign thereof. Political and civil law, as conceived by all legislators without exception and as formulated by jurists, born of this patriotic and national organization of societies, forms, in the series of social contradictions, a first and vast branch, the study of which by itself alone would demand four times more time than we can give it in discussing the question of industrial economy propounded by the Academy. 2. In the economic order, monopoly contributes to the increase of comfort, in the first place by adding to the general wealth through the perfecting of methods, and then by CAPITALIZING,--that is, by consolidating the conquests of labor obtained by division, machinery, and competition. From this effect of monopoly has resulted the economic fiction by which the capitalist is considered a producer and capital an agent of production; then, as a consequence of this fiction, the theory of NET PRODUCT and GROSS PRODUCT. On this point we have a few considerations to present. First let us quote J. B. Say: The value produced is the GROSS product: after the costs of production have been deducted, this value is the NET product.