Report Of The Committee On General Laws On The Investigation Relative To Trusts
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New York (State). Legislature. Senate. Committee on General Laws on the Investigation Relative to Trusts
Author : New York (State). Legislature. Senate. Committee on General Laws on the Investigation Relative to Trusts Publisher : Unknown Page : 1012 pages File Size : 53,9 Mb Release : 1888 Category : Trusts, Industrial ISBN : MINN:319510018734230
Report of the Committee on General Laws on the Investigation Relative to Trusts by New York (State). Legislature. Senate. Committee on General Laws on the Investigation Relative to Trusts Pdf
The report of the committee accompanied by the transcript of their hearing held in New York City, Feb. 20, 24, and 27-29, 1888. John D. Rockefeller was among the individuals giving testimony. At the end of the transcript are communications and other documents received by the committee. The last pages, labeled 'Index" are actually a table of contents.
New York (State). Legislature. Senate. Committee on General Laws on the Investigation Relative to Trusts
Author : New York (State). Legislature. Senate. Committee on General Laws on the Investigation Relative to Trusts Publisher : Unknown Page : 856 pages File Size : 45,5 Mb Release : 1891 Category : Trusts, Industrial ISBN : HARVARD:32044081929473
Report to the Committee on General Laws Relative to "trusts" and "sugar Trusts." by New York (State). Legislature. Senate. Committee on General Laws on the Investigation Relative to Trusts Pdf
The Emergence of Oligopoly by Alfred S. Eichner Pdf
Originally published in 1969. In describing the emergence of oligopoly, Professor Eichner has written a history of the American sugar refining industry, one based in part on records of the United States Department of Justice. Sugar refining was one of the first major industries to be consolidated, and its expertise was in many ways typical of the development of other industries. Eichner's focus is on the changing pattern of industrial organization. This study is based on a unique four-stage model of the process by which the industrial structure of the American economy has evolved. The first part of the book traces the early history of the sugar refining industry and argues that the classical model of a competitive industry is inherently unstable once large fixed investments are required. The more closely sugar refining approximated this model, the more unstable the model became in practice. This instability led, in 1887, to the formation of the sugar trust. The author contends that the trust was formed not to exploit economies of scale but with the intent of achieving control over prices. In the second part of the book, Eichner describes the political and legal reaction that transformed monopoly into oligopoly. This sequence of events is best understood in terms of a learning curve in which the response of businessmen over time was related to the changing institutional environment in which they were forced to operate.
Americans today worry about concentrated power in private industry to an extent not seen in generations. Not only do they find diminished diversity of service-providers and producers, but they are disquieted by the power of a few large companies to shape and constrain democratic processes. Americans across the political spectrum, from former President Donald Trump to Massachusetts Senator Elizabeth Warren, have sounded alarms about the overlarge power of business in both public and private life. While many of the technologies and industries that worry Americans are new, the concerns they've raised are not unprecedented. Antimonopoly and American Democracy traces the history of antimonopoly politics in the United States, arguing that organized action against concentrated economic power comprises an important American democratic tradition. While prevailing narratives tend to treat monopoly as a risk to people mainly in their roles as consumers--by causing prices to increase, for example--this study broadens the conversation, recounting ways in which monopolism can hurt ordinary people without directly impacting their wallets. From the pre-revolutionary era to the age of Big Tech, the volume explores the effects that historical monopolies have had on democracy by using their wealth and influence to dominate electoral politics and regulation. Chapters also highlight a range of sites of economic concentration, from land ownership to media reach, and attempts at combating them, from labor organizing to constitutional revision. Featuring original scholarship from some of the world's leading experts in American economic, political, and legal history, Antimonopoly and American Democracy offers important lessons for our contemporary political moment, in which fears of concentrated wealth and influence are again on the rise.
