noiembrie 23, 2011

Competition.


'Liberty is associated, in the minds of reformers, with laissez-faire, the Manchester School, and the exploitation of women and children which resulted from what was euphemistically called “free competition.” All these things were evil, and required state interference; in fact, there is need of an immense increase of state action in regard to cognate evils which still exist. In everything that concerns the economic life of the community, as regards both distribution and conditions of production, what is required is more public control, not less ­how much more, I do not profess to know. Another direction in which there is urgent need of the substitution of law and order for anarchy is international relations. At present, each sovereign state has complete individual freedom, subject only to the sanction of war. This individual freedom will have to be curtailed in regard to external relations if wars are ever to cease. But when we pass outside the sphere of material possessions, we find that the arguments in favor of public control almost entirely disappear.'

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