Problems Of Monopoly And Economic Warfare PDF Download

Excerpt from The Problem of Monopoly: A Study of a Grave Danger, and of the Natural Mode, of Averting It This little work gives permanent form to a course of lectures recently delivered in Cooper Union, New York. They were given in an off-hand way and stenographically reported; and they are now published with a minimum 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 industrial 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 efficiency 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. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works."