The Problem of Monopoly (Classic Reprint): A Study of a Grave Danger, and of the Natural Mode, of Averting It - Couverture souple

John Bates Clark

Couverture souple

ISBN 10 : 1330497031 ISBN 13 : 9781330497036

Editeur : Forgotten Books, 2018

Synopsis

How giant corporations shape prices, wages, and politics—and what to do about it.
In The Problem of Monopoly, John Bates Clark lays out how large firms can limit output, raise prices, and squeeze labor. It offers a practical look at the economic forces at work and the steps society can take to restore fair competition.

This edition presents clear explanations of how monopolies affect everyday life, the economy, and the balance between labor and capital. It argues for reforms that aim to keep industry productive while protecting workers and the public from the worst abuses of market power.

• How monopolies raise prices and limit supply, and what that means for households.


• Why wages and living costs can be distorted under concentrated corporate power.


• The relationship between organized labor, business, and government in a monopoly era.


• Paths the author suggests for reintroducing healthy competition and economic democracy.

Ideal for readers of economic history and policy analysis who want a rigorous, historically grounded view of monopoly and reform.

A propos du livre

Présentation de l'éditeur

This little work gives permanent form to a coarse of leetnres recently delivered in Cooper Union, New York. They were given in an off-band way and stenographically reported; and they are now published with a minim Tun of revision. The considerate reader will, as I hope, take the book for what it is, in view of the manner of its preparation and its general purpose. That purpose is merely to apply to important problems economic principles which have recently become known. The indostrial system which developed under a regime of freedom and competition has become perverted by the presence of monopoly; and the thing to be accomplished is not to revolutionize the system by the method of state socialism, nor yet to cause it to reverse its natural development by resolving the great corporations which now dominate it into their constituent elements, as crude antitrust legislation would try to do, but rather to retain the corporations for their el Bcienoy while taking from them their power of oppression. Nature has shown us how to accomplish this, by revealing forces which now partly accomplish it, though without some action by the state they do their work imperfectly.
(Typographical errors above are due to OCR software and don't occur in the book.)

About the Publisher

Forgotten Books is a publisher of historical writings, such as: Philosophy, Classics, Science, Religion, History, Folklore and Mythology.

Forgotten Books' Classic Reprint Series utilizes the latest technology to regenerate facsimiles of historically important writings. Careful attention has been made to accurately preserve the original format of each page whilst digitally enhancing the aged text. Read books online for free at www.forgottenbooks.org

Détails de l'édition

• Éditeur: Forgotten Books
• Date d'édition: 2018
• Langue: anglais
• ISBN 10: 1330497031
• ISBN 13: 9781330497036
• Reliure: Broché
• Nombre de pages: 140
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