Charlotte Faculty of Regulation, already struggling to remain open, is now being investigated by North Carolina’s lawyer normal. Mr. Louis Blanc additionally tells us that competition leads to monopoly. And by the identical reasoning, he thus informs us that low prices result in high prices; that competition drives manufacturing to damaging exercise; that competitors drains away the sources of purchasing energy; that competitors forces a rise in manufacturing while, on the same time, it forces a decrease in consumption. From this, it follows that free people produce for the sake of not consuming; that liberty means oppression and insanity among the people; and that Mr. Louis Blanc completely must attend to it.
It is to be regretted that the phrase plunder is offensive. I’ve tried in useless to seek out an inoffensive phrase, for I might not at any time — particularly now — want to add an irritating phrase to our dissentions. Thus, whether or not I am believed or not, I declare that I don’t mean to assault the intentions or the morality of anyone. Relatively, I’m attacking an idea which I consider to be false; a system which seems to me to be unjust; an injustice so independent of private intentions that every of us earnings from it without wishing to take action, and suffers from it without realizing the reason for the struggling.
This contradiction in ideas is, unfortunately however logically, reflected in occasions in France. For instance, Frenchmen have led all different Europeans in obtaining … Read More