Monopolies And Trusts [microform]
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Monopolies And Trusts [microform]
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92 CLASSIFICATION AND CAUSES calls " tallage," and that public exclusive monopo- lies may have a gain through fiscal taxation. All those monopolies which are not exclusive are term- ed restrictive monopolies, because " the monopoly forces do not here prevent competition, but merely restrict it within certain limits." Professor J. W. Jenks incidentally gives a clas- sification of monopolies in his valuable article on " Monopolies in the United States " in Palgrave's Dictionary of Political Econo...my. He divides them into three main classes — namely, Legal Monopolies, Natural Monopolies, and Capitalistic Monopolies.
Legal monopolies include patents, copyrights, etc. ; while his class Natural Monopolies includes such businesses as railways, gas-works, etc. Capitalistic monopolies are, according to this author, monop- olies which rest on mass of capital, his idea be- ing that quantity of capital can secure monopoly.
The present writer's dissent from this view has al- ready been mentioned, and will later receive fuller treatment.
What to read after Monopolies And Trusts [microform]?
You can find similar books in the "Read Also" column, or choose other free books by Ely, Richard Theodore, 1854-1943 to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
92 CLASSIFICATION AND CAUSES calls " tallage," and that public exclusive monopo- lies may have a gain through fiscal taxation. All those monopolies which are not exclusive are term- ed restrictive monopolies, because " the monopoly forces do not here prevent competition, but merely restrict it within certain limits." Professor J. W. Jenks incidentally gives a clas- sification of monopolies in his valuable article on " Monopolies in the United States " in Palgrave's Dictionary of Political Econo...my. He divides them into three main classes — namely, Legal Monopolies, Natural Monopolies, and Capitalistic Monopolies.
Legal monopolies include patents, copyrights, etc. ; while his class Natural Monopolies includes such businesses as railways, gas-works, etc. Capitalistic monopolies are, according to this author, monop- olies which rest on mass of capital, his idea be- ing that quantity of capital can secure monopoly.
The present writer's dissent from this view has al- ready been mentioned, and will later receive fuller treatment.
What to read after Monopolies And Trusts [microform]?
You can find similar books in the "Read Also" column, or choose other free books by Ely, Richard Theodore, 1854-1943 to read onlineMoreLess
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