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Industrial Combination

By Macgregor, David Hutchison

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Book Id: WPLBN0000697809
Format Type: PDF eBook
File Size: 518.11 KB.
Reproduction Date: 2005
Full Text

Title: Industrial Combination  
Author: Macgregor, David Hutchison
Volume:
Language: English
Subject: Political science., Economics and literature, Economic & political studies series
Collections: Economics Publications Collection
Historic
Publication Date:
Publisher: Archive for the History of Economic Thought

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Macgregor, D. (n.d.). Industrial Combination. Retrieved from http://community.ebooklibrary.org/


Description
Economic Theory Literature

Excerpt
Excerpt: The purpose of the following pages is to study the problem of industrial combination from some new points of view. Not the least important of these is derived from the fact that this book is written in England, where Trusts and Cartels have not yet become a matter of public agitation. To a great extent, foreign literature on this subject is political rather than economic in tone, and descriptive rather than analytical in its content. While there seems to be room, therefore, for an English economic study of the most pressing question of industrial organization, it is impossible not to acknowledge the greatest debts to foreign economists who write from nearer the centre of the problem. It will be evident how much I owe to Dr. Liefmann, Professor Jenks, and Professor J. B. Clark. I have sought to use their work without retraversing their ground. The general scheme and analysis of this book is original; in one chapter I have tried to indicate why it appears to me that this question cannot be taken as part of the same study as labour combination. In only one of the controversies which the combination movement has aroused can this volume be said to take a side. I do not think that the Trusts and Cartels can properly be regarded as a step towards Socialism. In this respect my work has a point of view different from that of Mr. Macrosty, whose Trusts and the State focusses in one light all the aspects of the combination movement, and that light the Socialist one.

Table of Contents
Table of Contents Preface. ................................................................................................................... 4 Introduction. Combination as a ?Representative Method.? ................................... 7 Part I: The Factors of Competing Strength. ......................................................... 18 Chapter I. Productive Efficiency. ......................................................................... 19 Chapter II. Risk. ................................................................................................... 38 Chapter III. Bargaining Strength. ......................................................................... 52 Chapter IV. Resource. .......................................................................................... 72 Part II. Trusts and Cartels, and Their Relation to Trade Unions. ......................... 86 Chapter I. The General Causes of Trusts and Cartels. ......................................... 87 Chapter II. Comparative Causes and Structures. ............................................... 103 Chapter III. Industrial Combination and Labour Combination. ......................... 123 Part III. National Aspects. .................................................................................. 138 Chapter I. The National Effects of Combination. .............................................. 139 Chapter II. Public Policy and Industrial Combination. ...................................... 158 Notes. ................................................................................................................. 176

 

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