Trusts (Classic Reprint) - Couverture souple

Dodd, Samuel Calvin Tait

 
9781334473418: Trusts (Classic Reprint)

Synopsis

This book delves into the fascinating history and impact of aggregated capital, tracing its evolution from ancient civilizations to the late nineteenth century. The author, a practical individual with historical expertise, challenges common misconceptions about wealth accumulation and its role in societal progress. Through compelling historical examples, the book explores how aggregated capital, driven by advancements in machinery and transportation, has revolutionized industries and improved living standards. The author sheds light on the positive impacts of capital aggregation, including increased wages, reduced prices, and the creation of new job opportunities. However, the book doesn't shy away from addressing the potential downsides and abuses associated with concentrated wealth. It examines historical instances of monopolies and government intervention, highlighting the importance of ensuring fair competition and access to capital for all. Ultimately, this book offers a thought-provoking analysis of the complex relationship between capital, labor, and societal well-being, leaving readers with a deeper understanding of the forces that shape our economic landscape.

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Présentation de l'éditeur

Mr. Chancellor and Members of the University: I desire it to be understood that I am neither a public lecturer nora political economist. Still less, I am very sorry to say, am I a capitalist. I shall treat the subject upon which you have invited me to speak this evening as a practical man, and from an historical rather than theoretical point of view. To study the history of aggregated capital one must begin at a comparatively recent date. The ancient world knew little about it Wealth, in the hands of single individuals or families, accumulated to wonderful proportions, but it was unproductive wealth. Business was too ignoble for theE gyptian, the Greek, the Roman aristocrat. Plato, in his laws, ordered a citizen to be punished if he attempted to ooncem himself with trade. Augustus is said to have condemned a senator to death because he so degraded himself as to engage in manufacture. Rome obtained her wealth by plunder, not by production. Hence, these nations knew little of capital as we are to consider it this evening wealth used in reproducing wealth; still less did they know of aggregated capital large capital composed of aggregations of the smaller capitals of persons associated in trade.
(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

Présentation de l'éditeur

This book was originally published prior to 1923, and represents a reproduction of an important historical work, maintaining the same format as the original work. While some publishers have opted to apply OCR (optical character recognition) technology to the process, we believe this leads to sub-optimal results (frequent typographical errors, strange characters and confusing formatting) and does not adequately preserve the historical character of the original artifact. We believe this work is culturally important in its original archival form. While we strive to adequately clean and digitally enhance the original work, there are occasionally instances where imperfections such as blurred or missing pages, poor pictures or errant marks may have been introduced due to either the quality of the original work or the scanning process itself. Despite these occasional imperfections, we have brought it back into print as part of our ongoing global book preservation commitment, providing customers with access to the best possible historical reprints. We appreciate your understanding of these occasional imperfections, and sincerely hope you enjoy seeing the book in a format as close as possible to that intended by the original publisher.

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