Organized Labor And Capital; the William L. Bull Lectures for the Year 1904

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Organized Labor And Capital; the William L. Bull Lectures for the Year 1904
Gladden Washington
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What are the evils of the trust and of the modern corporation ? Se- crecy, irresponsible autocracy and personal privilege. What is this but the old work of despotism ? The absence of corporation reports matches the closed and personal public treasuries of the despot. The con- trol of a man or men, independent of a majority — ^this irresponsible autocracy is as old as the history of despotism. The special contracts and side profits of those in corpo- rate control — what are these but the monop- ...olies, the grants, the imperial and royal plunder of past centuries? These all run parallel to the evolution of the state in the past. First an era of plundering, cut-throat competition. Peace is created by some strong man. His empire is organized. There grow up suffrages and rights. The despotic ex- ecutive seeks to treat the organized State like a family or personal property.
Two opposed and diffierent perils are cre- ated by these conditions, often confused, The Corporation 125 both calling for reformatory legislation and new criminal statutes, but both precisely analagous to the risks and the dangers to Society which have been in the past success- fully surmounted in the creation of the political organization of the State.


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