Category: History - American

Monopolies and the People

TO ALL THOSE WHO LOVE TRUTH AND JUSTICE AND EQUITY, WHO VALUE OUR HERITAGE OF LIBERTY AND PEACEFUL FRATERNITY, AND WHO ARE WILLING TO UNITE IN UPHOLDING AND DEFENDING THE COMMONWEALTH--THAT PRESERVER AND PROTECTOR OF THE RIGHTS OF THE WHOLE PEOPLE--THE AUTHOR DEDICATES THIS WORK.

Chapters

12. Chapter 12

We have before alluded to the fact that in the popular speech "capitalist" and "monopolist" are often used interchangeably. If we carefully consider the real status of the capit...

10. Chapter 10

Perhaps it was never so forcibly realized how thoroughly effective these labor combinations have become, and how completely they hold the country at their mercy, as in the strik...

13. Chapter 13

Let us see what we can learn by a study of three typical examples of the force of competition. Let us take first the business of growing corn. There are perhaps three million fa...

16. Chapter 16

Our social system, say the devout among these men, is based on the selfish desires of men, their wish to get the most for themselves with the least service to their fellow-men....

20. Chapter 20

As regards works for water supply, there can be little doubt that almost invariably the municipality should operate as well as own the works, for the administration of the works...

19. Chapter 19

Taking up the monopolies which by their use of natural agents or their exercise of a franchise granted by the public, are already acknowledged to be subject to the public contro...

18. Chapter 18

In taking up first the question of the rights of private property holders, we touch a point over which there is likely in the future to be serious dispute. A certain faction vig...

15. Chapter 15

We have shown that the congestion of wealth is very largely due to the growth of monopoly, and we have discussed the more immediate evils that result from this congestion of wea...

14. Chapter 14

The vital importance of this truth cannot be over-estimated. For so long as we refuse to recognize it, so long as we attempt to stop the present evils of monopoly by trying to a...

5. Chapter 5

In the Hocking Valley coal fields in Ohio, the Columbus, Hocking Valley and Toledo Railway Company owns 10,000 acres of coal lands, and mined, in 1887, 1,870,416 tons of coal. T...

3. Chapter 3

One thing which has caused much hue and cry, is the fact that we have closed half a dozen mills or so. But the matter stood in this way: these mills were not favorably situated...

4. Chapter 4

It is a well known historical fact that the extraction of metals and minerals from the earth has been more subject to monopoly than almost any other business. It was, and in a l...

17. Chapter 17

There is, indeed, a marked tendency toward an increased reliance on the principle of societism as civilization progresses and our life becomes necessarily more intense and compl...

2. Chapter 2

It is but a few months since public attention was directed to the subject of trusts; but, thanks to the widespread educational influence of the political campaign, at the presen...

9. Chapter 9

Probably the public was never so forcibly reminded of the defects of our patent system by any other means as it has been by the operation of the Bell Telephone monopoly. The pur...

6. Chapter 6

Let us consider now some of the evils with which this monopoly is charged. The first of these is _discrimination_ between persons and between places. A favored shipper has been...

11. Chapter 11

We have given little space in this chapter to the consideration of the limit of the power of labor monopolies; but it is obvious that this is very clearly defined. In the first...

8. Chapter 8

We are accustomed to think of competition as a force which always tends to keep prices down, and of a monopoly as always raising prices; but it should be understood that this is...

7. Chapter 7

Again, not only is competition of this sort sure to fail, but the attempt to establish it is very harmful. To say nothing of the expense and waste of wealth which is involved wh...

21. Chapter 21

With these reforms, in the case of every corporation making a contract to restrict competition, it would be required that the company make public annually a full statement of it...

1. Chapter 1

TO ALL THOSE WHO LOVE TRUTH AND JUSTICE AND EQUITY, WHO VALUE OUR HERITAGE OF LIBERTY AND PEACEFUL FRATERNITY, AND WHO ARE WILLING TO UNITE IN UPHOLDING AND DEFENDING THE COMMON...