Front Page Titles (by Subject) CHAPTER XI.: CHEAPNESS. - The Tyranny of Socialism
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CHAPTER XI.: CHEAPNESS. - Yves Guyot, The Tyranny of Socialism 
The Tyranny of Socialism, ed. J.H. Levy (London: Swan Sonnenschein and Co., 1894).
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Contradiction—Economic Evolution—Always Increase Production—No Fear of Excess.
Yes, but there are other crises, people say, crises which are the result of the low price of merchandise, of excessive supply. Has it not been found necessary to impose a tax of five francs on foreign corn, so as to raise the price of French corn, otherwise the farmer would no longer find it worth his while to till the land? Yes, the cost of production of the harvest far exceeded the payment for consumption, because the low price of his merchandise did not permit of the farmer recouping his advances.
But, then, what remedy is there beyond the duty of five francs, proposed by the societies of agriculture, the Ministers of Agriculture, and all those who speak more or less officially, and more or less authoritatively, in the name of the agriculturists? Do they not suggest improvements, such as better seeds, new modes of cultivation, all of which would, if they succeeded, result in an increased yield of corn? Would they not tend to increase the over-production, and depreciate the price? Have you ever heard an agriculturist assert that the remedy would be to diminish the yield of corn per acre? No. All have proposed to lessen the net cost of production, but how? By augmenting the production! In a word, all have suggested the depreciation of the price of corn, at the very moment when, by customs duties, they are trying to make it dearer. Does not this contradiction show, that in spite of all sophisms, economic evolution is to always produce as cheaply as possible, and thus to constantly add to the over-production, granting that there ever is an over-production of corn, when there are so many tens of millions of human beings in the world who eat not according to their appetite.