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That means: As more and more people are free to compete in the work that does effectively produce more wealth, more things of value, more actual value, more actual productive power, as more and more production is produced... The result of all that "economy" is a reduction in the price of all that "economy," as fewer people have nothing and more people have plenty. The stuff of value goes down in price, as a matter of fact, in reality.
Added "then" and joined ellipse
That means: As more and more people are free to compete in the work that does effectively produce more wealth, more things of value, more actual value, more actual productive power, as more and more production is produced…then the result of all that "economy" is a reduction in the price of all that "economy," as fewer people have nothing and more people have plenty. The stuff of value goes down in price, as a matter of fact, in reality.