We may note here merely that the use of money is an outstanding feature of the present economic system and gives rise to many of the problems of political economy.
Sec.10.

#The competitive system#.

The existing system is likewise characterized by competition[6] in the buying and selling of wealth and of the usances and services of economic agents.

By competition we mean here the condition of political freedom on the part of each man to trade his property (goods, uses, or services) as he chooses, and this combined with the disposition on his part to get what he values most highly for himself and his family.

Whenever any one else (official or citizen) forbids and prevents a man from getting all he can, in so far competition is limited.