Free competition, which was the watchword of nineteenth-century liberalism, had undoubtedly much to be said in its favour. It increased the wealth of the nations, and it accelerated the transition from handicrafts to machine industry; it tended to remove artificial injustice and realised Napoleon's ideal of opening careers to talent. It left, however, one great injustice unremedied - the injustice due to unequal talents. In a world of free competition the man whom Nature has made energetic and astute grows rich, while the man whose merits are of a less competitive kind remains poor.
Source:Success and failure (written in Jan. 11, 1932 and pub. in Mortals and Others, v.1, 1975.
More info.:http://russell-j.com/JIYU-KYO.HTM