CHAPTER XVIII

ORGANIZATION

An insufficient production of ponderable commodities 250 The small stream of ponderable things is made the subject of unnecessary services 251 Present production is wasteful 252 The waste of labour in competition 252 The waste of labour in distribution, etc 253 So called "natural" monopolies 255 Monopoly necessary if labour is to be fully economized 256 Power distribution and public control 256 The problem of monopoly illustrated by the milk trade 259 The milk trade typical of many other services 262 Municipal and joint-stock direction contrasted 263 The management of our railway companies 263 The prevalence of nepotism in private enterprise 264 The Belgian State railways 265 Coal production and distribution 267 The private trust the only alternative to public ownership 269 Public ownership of capital the only remedy for unemployment 270 Those govern who employ 271